Jump Financial LLC Buys Shares of 278,776 STMicroelectronics N.V. $STM

Key Points

• Jump Financial LLC acquired 278,776 shares of STMicroelectronics N.V. during the first quarter, valued at approximately $6.1 million, indicating significant investor interest in the semiconductor company.
• STMicroelectronics recently announced a $0.09 quarterly dividend to be paid on March 31st, translating to an annual yield of 1.3% and a payout ratio of 44.93%.
• On the stock rating front, Goldman Sachs set a target price of $26.50 with a neutral rating, while several other brokerages have upgraded their ratings, suggesting a mix of sentiments among analysts.

Jump Financial LLC bought a new stake in STMicroelectronics N.V. (NYSE:STM - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 278,776 shares of the semiconductor producer's stock, valued at approximately $6,122,000.

Several other large investors also recently made changes to their positions in the company. Deutsche Bank AG grew its stake in shares of STMicroelectronics by 14.5% in the 4th quarter. Deutsche Bank AG now owns 3,682 shares of the semiconductor producer's stock valued at $92,000 after buying an additional 466 shares during the period. PNC Financial Services Group Inc. boosted its stake in STMicroelectronics by 5.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 12,930 shares of the semiconductor producer's stock valued at $284,000 after purchasing an additional 650 shares during the last quarter. Gallacher Capital Management LLC boosted its stake in STMicroelectronics by 5.0% during the 1st quarter. Gallacher Capital Management LLC now owns 14,746 shares of the semiconductor producer's stock valued at $324,000 after purchasing an additional 702 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in STMicroelectronics by 63.1% during the 1st 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 last quarter. Finally, Farther Finance Advisors LLC boosted its stake in STMicroelectronics by 139.6% during the 1st 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 last quarter. 5.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on STM shares. Baird R W upgraded STMicroelectronics from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 22nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of STMicroelectronics in a research note on Friday, July 25th. Robert W. Baird upgraded STMicroelectronics from a "neutral" rating to an "outperform" rating and lifted their price target for the company from $23.00 to $50.00 in a research note on Tuesday, July 22nd. Oddo Bhf raised shares of STMicroelectronics to an "outperform" rating in a research report on Wednesday, July 2nd. Finally, TD Cowen dropped their target price on shares of STMicroelectronics from $34.00 to $27.00 and set a "hold" rating on the stock in a research report on Friday, July 25th. Two investment 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 given a Sell rating to the company. According to data from MarketBeat, STMicroelectronics presently has a consensus rating of "Hold" and an average price target of $32.21.

STMicroelectronics Stock Performance

Shares of STM traded up $0.45 during mid-day trading on Thursday, hitting $27.61. The stock had a trading volume of 5,321,927 shares, compared to its average volume of 7,503,751. STMicroelectronics N.V. has a 52 week low of $17.25 and a 52 week high of $33.47. 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 business has a fifty day moving average price of $28.65 and a 200-day moving average price of $25.77. The firm has a market cap of $24.79 billion, a P/E ratio of 40.01, a PEG ratio of 4.26 and a beta of 1.61.

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 for the quarter, missing the consensus estimate of $0.10 by ($0.04). STMicroelectronics had a return on equity of 4.55% and a net margin of 5.49%.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. On average, equities research analysts expect that STMicroelectronics N.V. will post 0.85 EPS for the current year.

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.