Invesco Ltd. Purchases 3,325,998 Shares of STMicroelectronics N.V. $STM

Key Points

• Invesco Ltd. significantly increased its stake in STMicroelectronics N.V. by 188.1% in the first quarter, holding approximately 5.09 million shares valued at $111.86 million.
• STMicroelectronics reported a missed earnings per share estimate of $0.06 compared to the anticipated $0.10, despite achieving revenues of $2.77 billion for the quarter.
• The firm declared a quarterly dividend of $0.09 per share, with an annualized dividend yield of 1.4%, set to be paid on March 31st.

Invesco Ltd. increased its position in STMicroelectronics N.V. (NYSE:STM - Free Report) by 188.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,093,785 shares of the semiconductor producer's stock after buying an additional 3,325,998 shares during the quarter. Invesco Ltd. owned 0.57% of STMicroelectronics worth $111,860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Voloridge Investment Management LLC boosted its holdings 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 acquiring an additional 938,097 shares during the last quarter. Two Sigma Investments LP boosted its holdings 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 acquiring an additional 725,684 shares during the last quarter. Foresight Global Investors Inc. bought a new stake in STMicroelectronics in the first quarter valued at approximately $11,154,000. Two Sigma Advisers LP boosted its holdings in STMicroelectronics by 35.1% in 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 during the last quarter. Finally, Northern Trust Corp boosted its holdings in STMicroelectronics by 83.3% in the fourth quarter. Northern Trust Corp now owns 616,800 shares of the semiconductor producer's stock valued at $15,401,000 after acquiring an additional 280,383 shares during the last quarter. Institutional investors and hedge funds own 5.05% of the company's stock.

STMicroelectronics Trading Down 0.4%

Shares of STMicroelectronics stock traded down $0.1150 on Thursday, reaching $25.8850. 4,517,582 shares of the company's stock were exchanged, compared to its average volume of 7,910,913. The company has a market capitalization of $23.25 billion, a P/E ratio of 37.52, a price-to-earnings-growth ratio of 4.09 and a beta of 1.61. STMicroelectronics N.V. has a 52 week low of $17.25 and a 52 week high of $33.47. The firm's 50-day moving average is $28.80 and its two-hundred day moving average is $25.64. 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 (NYSE:STM - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by ($0.04). The business had revenue of $2.77 billion for the quarter, compared to the consensus estimate 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. Sell-side analysts predict that STMicroelectronics N.V. will post 0.85 EPS for the current fiscal year.

STMicroelectronics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Tuesday, March 24th. STMicroelectronics's dividend payout ratio (DPR) is currently 44.93%.

Analyst Ratings Changes

STM has been the topic of several analyst reports. TD Cowen reduced their target price on STMicroelectronics from $34.00 to $27.00 and set a "hold" rating on the stock in a report on Friday, July 25th. Baird R W upgraded STMicroelectronics from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 22nd. Craig Hallum cut STMicroelectronics from a "buy" rating to a "hold" rating and set a $28.00 target price on the stock. in a report on Thursday, July 24th. Oddo Bhf upgraded STMicroelectronics to an "outperform" rating in a report on Wednesday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of STMicroelectronics in a report on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, STMicroelectronics currently has a consensus rating of "Hold" and an average target price of $32.21.

STMicroelectronics Company Profile

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.