Fox Run Management L.L.C. Invests $245,000 in STMicroelectronics N.V. $STM

Key Points

• Fox Run Management L.L.C. has acquired a new position in STMicroelectronics, purchasing 11,170 shares valued at approximately $245,000 in the 1st quarter.
• STMicroelectronics reported a missed EPS estimate of $0.06 compared to the consensus of $0.10, while revenue was higher than expected at $2.77 billion for the last quarter.
• The company has announced a quarterly dividend of $0.09, which will be paid to shareholders on March 31st, translating to an annual yield of 1.4%.

Fox Run Management L.L.C. purchased a new stake in shares of STMicroelectronics N.V. (NYSE:STM - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 11,170 shares of the semiconductor producer's stock, valued at approximately $245,000.

Other hedge funds have also recently made changes to their positions in the company. Invesco Ltd. lifted its stake in shares of STMicroelectronics by 188.1% in the first quarter. Invesco Ltd. now owns 5,093,785 shares of the semiconductor producer's stock worth $111,860,000 after acquiring an additional 3,325,998 shares during the period. Voloridge Investment Management LLC lifted its stake in STMicroelectronics by 39.2% in the fourth quarter. Voloridge Investment Management LLC now owns 3,330,616 shares of the semiconductor producer's stock valued at $83,165,000 after buying an additional 938,097 shares during the period. Two Sigma Investments LP lifted its stake in STMicroelectronics by 19.4% in the fourth quarter. Two Sigma Investments LP now owns 4,475,384 shares of the semiconductor producer's stock valued at $111,750,000 after buying an additional 725,684 shares during the period. Foresight Global Investors Inc. bought a new stake in shares of STMicroelectronics during the first quarter valued at approximately $11,154,000. Finally, Two Sigma Advisers LP increased its holdings in shares of STMicroelectronics by 35.1% during the fourth quarter. Two Sigma Advisers LP now owns 1,886,700 shares of the semiconductor producer's stock valued at $47,111,000 after acquiring an additional 490,000 shares in the last quarter. 5.05% of the stock is owned by institutional investors and hedge funds.

STMicroelectronics Stock Down 0.6%

Shares of NYSE STM traded down $0.18 during mid-day trading on Tuesday, hitting $27.14. 4,740,875 shares of the stock traded hands, compared to its average volume of 6,937,766. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.96 and a current ratio of 2.74. STMicroelectronics N.V. has a 52 week low of $17.25 and a 52 week high of $33.47. The company has a market cap of $24.37 billion, a price-to-earnings ratio of 39.33, a PEG ratio of 4.29 and a beta of 1.61. The stock has a fifty day moving average price of $28.69 and a 200-day moving average price of $25.76.

STMicroelectronics (NYSE:STM - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.04). STMicroelectronics had a net margin of 5.49% and a return on equity of 4.55%. The firm had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.71 billion. STMicroelectronics has set its Q3 2025 guidance at EPS. Research analysts anticipate that STMicroelectronics N.V. will post 0.85 EPS for the current year.

STMicroelectronics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, March 24th. STMicroelectronics's payout ratio is 44.93%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on STM shares. Robert W. Baird upgraded STMicroelectronics from a "neutral" rating to an "outperform" rating and boosted their price objective for the company from $23.00 to $50.00 in a report on Tuesday, July 22nd. TD Cowen reduced their price objective on STMicroelectronics from $34.00 to $27.00 and set a "hold" rating for the company in a research note on Friday, July 25th. Dbs Bank downgraded STMicroelectronics from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 28th. Baird R W upgraded STMicroelectronics from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 22nd. Finally, Susquehanna raised their target price on STMicroelectronics from $30.00 to $40.00 and gave the stock a "positive" rating in a research note on Tuesday, July 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $32.21.

About STMicroelectronics

STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments.