Junto Capital Management LP Makes New Investment in STMicroelectronics N.V. $STM

Key Points

• Junto Capital Management LP has acquired a new stake in STMicroelectronics N.V., purchasing 1,391,829 shares valued at approximately $30.57 million, representing a 0.15% ownership in the company.
• Several institutional investors, including Invesco Ltd. and BNP Paribas Financial Markets, significantly increased their holdings in STMicroelectronics during the same quarter.
• STMicroelectronics reported a quarterly EPS of $0.06, missing the expected $0.10, while revenue for the quarter was $2.77 billion, exceeding analyst expectations of $2.71 billion.

Junto Capital Management LP bought a new stake in shares of STMicroelectronics N.V. (NYSE:STM - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,391,829 shares of the semiconductor producer's stock, valued at approximately $30,565,000. Junto Capital Management LP owned 0.15% of STMicroelectronics as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of STM. Invesco Ltd. lifted its stake in STMicroelectronics by 188.1% during the first quarter. Invesco Ltd. now owns 5,093,785 shares of the semiconductor producer's stock valued at $111,860,000 after purchasing an additional 3,325,998 shares during the last quarter. Analog Century Management LP acquired a new stake in shares of STMicroelectronics during the first quarter valued at approximately $34,912,000. Voloridge Investment Management LLC raised its holdings in shares of STMicroelectronics by 39.2% during 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 period. BNP Paribas Financial Markets raised its holdings in shares of STMicroelectronics by 59.9% during the first quarter. BNP Paribas Financial Markets now owns 2,451,052 shares of the semiconductor producer's stock valued at $53,825,000 after acquiring an additional 918,263 shares during the period. Finally, Two Sigma Investments LP raised its holdings in shares of STMicroelectronics by 19.4% during 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 period. 5.05% of the stock is owned by institutional investors and hedge funds.

STMicroelectronics Trading Down 1.8%

Shares of NYSE STM traded down $0.47 during mid-day trading on Wednesday, hitting $25.80. The company's stock had a trading volume of 10,752,614 shares, compared to its average volume of 7,498,787. The stock has a market cap of $23.17 billion, a price-to-earnings ratio of 37.39, a price-to-earnings-growth ratio of 4.24 and a beta of 1.62. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.74 and a quick ratio of 1.96. STMicroelectronics N.V. has a one year low of $17.25 and a one year high of $33.47. The company's fifty day simple moving average is $28.47 and its 200-day simple moving average is $25.88.

STMicroelectronics (NYSE:STM - Get Free Report) last released its quarterly earnings data 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, sell-side analysts anticipate that STMicroelectronics N.V. will post 0.85 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Susquehanna boosted their target price on shares of STMicroelectronics from $30.00 to $40.00 and gave the stock a "positive" rating in a research report on Tuesday, July 22nd. The Goldman Sachs Group set a $26.50 price target on shares of STMicroelectronics and gave the company a "neutral" rating in a report on Friday, July 25th. Baird R W upgraded shares of STMicroelectronics from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 22nd. Robert W. Baird upgraded shares of STMicroelectronics from a "neutral" rating to an "outperform" rating and increased their target price for the stock from $23.00 to $50.00 in a research report on Tuesday, July 22nd. Finally, TD Cowen dropped their target price on shares of STMicroelectronics from $34.00 to $27.00 and set a "hold" rating for the company in a research report on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $32.21.

STMicroelectronics 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.