Inspire Investing LLC purchased a new position in shares of STMicroelectronics N.V. (NYSE:STM - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,308 shares of the semiconductor producer's stock, valued at approximately $283,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Farther Finance Advisors LLC increased its position in shares of STMicroelectronics by 139.6% during the first quarter. Farther Finance Advisors LLC now owns 1,862 shares of the semiconductor producer's stock valued at $41,000 after purchasing an additional 1,085 shares during the period. Smartleaf Asset Management LLC increased its position in shares of STMicroelectronics by 63.1% during the first quarter. Smartleaf Asset Management LLC now owns 2,167 shares of the semiconductor producer's stock valued at $48,000 after purchasing an additional 838 shares during the period. IFP Advisors Inc increased its position in shares of STMicroelectronics by 85.4% during the second quarter. IFP Advisors Inc now owns 2,269 shares of the semiconductor producer's stock valued at $69,000 after purchasing an additional 1,045 shares during the period. GAMMA Investing LLC increased its position in shares of STMicroelectronics by 184.5% during the second quarter. GAMMA Investing LLC now owns 2,848 shares of the semiconductor producer's stock valued at $87,000 after purchasing an additional 1,847 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of STMicroelectronics by 396.4% during the first quarter. Caitong International Asset Management Co. Ltd now owns 3,197 shares of the semiconductor producer's stock valued at $70,000 after purchasing an additional 2,553 shares during the period. 5.05% of the stock is currently owned by institutional investors.
STMicroelectronics Stock Performance
Shares of NYSE:STM opened at $29.34 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.74 and a quick ratio of 1.96. The stock has a market capitalization of $26.35 billion, a price-to-earnings ratio of 42.52, a price-to-earnings-growth ratio of 5.96 and a beta of 1.66. The business's fifty day moving average price is $27.28 and its two-hundred day moving average price is $26.50. STMicroelectronics N.V. has a fifty-two week low of $17.25 and a fifty-two week high of $33.47.
STMicroelectronics (NYSE:STM - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The semiconductor producer reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.10 by ($0.04). The business had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.71 billion. STMicroelectronics had a return on equity of 4.55% and a net margin of 5.49%. STMicroelectronics has set its Q3 2025 guidance at EPS. As a group, analysts predict that STMicroelectronics N.V. will post 0.85 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of research firms have recently issued reports on STM. The Goldman Sachs Group set a $26.50 price objective on STMicroelectronics and gave the company a "neutral" rating in a research report on Friday, July 25th. Weiss Ratings cut STMicroelectronics from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Wednesday, October 8th. BNP Paribas upgraded STMicroelectronics from a "hold" rating to an "outperform" rating in a research report on Thursday, September 4th. Oddo Bhf upgraded STMicroelectronics to an "outperform" rating in a research report on Wednesday, July 2nd. Finally, Citigroup reiterated a "buy" rating on shares of STMicroelectronics in a research report on Thursday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $32.06.
Read Our Latest Analysis on STMicroelectronics
STMicroelectronics Profile
(
Free Report)
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.
Further Reading
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