Northern Trust Corp Has $11.28 Million Holdings in STMicroelectronics N.V. $STM

Key Points

• Northern Trust Corp reduced its stake in STMicroelectronics by 16.7%, selling 103,124 shares, and now holds 513,676 shares valued at approximately $11.28 million.
• Analysts have a generally positive outlook on STMicroelectronics, with a Moderate Buy average rating and a price target of $32.06, although the stock missed its earnings estimate in the last quarter.
• In the first quarter, several institutional investors increased their positions in STMicroelectronics, with Brooklyn Investment Group boosting their holdings by an impressive 1,275.9%.

Northern Trust Corp lessened its holdings in STMicroelectronics N.V. (NYSE:STM - Free Report) by 16.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 513,676 shares of the semiconductor producer's stock after selling 103,124 shares during the period. Northern Trust Corp owned 0.06% of STMicroelectronics worth $11,280,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in STM. Invesco Ltd. raised its stake in STMicroelectronics by 188.1% in the 1st quarter. Invesco Ltd. now owns 5,093,785 shares of the semiconductor producer's stock valued at $111,860,000 after acquiring an additional 3,325,998 shares during the period. Voloridge Investment Management LLC raised its stake in STMicroelectronics by 39.2% in the 4th 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. Two Sigma Investments LP raised its stake in STMicroelectronics by 19.4% in the 4th 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. Foresight Global Investors Inc. bought a new stake in STMicroelectronics in the 1st quarter valued at $11,154,000. Finally, Two Sigma Advisers LP raised its stake in STMicroelectronics by 35.1% in the 4th 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 period. Institutional investors own 5.05% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on STM. The Goldman Sachs Group set a $26.50 price target on STMicroelectronics and gave the company a "neutral" rating in a research note on Friday, July 25th. Susquehanna increased their price objective on STMicroelectronics from $30.00 to $40.00 and gave the stock a "positive" rating in a research report on Tuesday, July 22nd. Oddo Bhf upgraded STMicroelectronics to an "outperform" rating in a research report on Wednesday, July 2nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of STMicroelectronics in a research report on Friday, July 25th. Finally, Robert W. Baird upgraded STMicroelectronics from a "neutral" rating to an "outperform" rating and increased their price objective for the stock from $23.00 to $50.00 in a research report on Tuesday, July 22nd. Three research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $32.06.

STMicroelectronics Price Performance

Shares of STM traded up $0.37 during trading hours on Friday, hitting $26.82. 5,470,785 shares of the company were exchanged, compared to its average volume of 5,996,361. The company has a market cap of $24.09 billion, a price-to-earnings ratio of 38.87, a P/E/G ratio of 4.22 and a beta of 1.62. STMicroelectronics N.V. has a fifty-two week low of $17.25 and a fifty-two week high of $33.47. The company has a quick ratio of 1.96, a current ratio of 2.74 and a debt-to-equity ratio of 0.11. The firm's fifty day moving average is $28.25 and its 200 day moving average is $25.91.

STMicroelectronics (NYSE:STM - Get Free Report) last released its earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.04). The company had revenue of $2.77 billion for 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. On average, equities analysts anticipate that STMicroelectronics N.V. will post 0.85 earnings per share for the current fiscal year.

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.