OLD Mission Capital LLC Acquires New Shares in STMicroelectronics N.V. $STM

Key Points

• OLD Mission Capital LLC has acquired 198,457 shares of STMicroelectronics N.V. (NYSE:STM), valued at approximately $4.36 million, indicating growing institutional interest in the semiconductor company.
• STMicroelectronics reported a Q2 earnings miss with an EPS of $0.06, falling short of the expected $0.10, although revenue of $2.77 billion exceeded expectations.
• Analysts have varied sentiments on STMicroelectronics, with two giving a Strong Buy rating, while a consensus rating remains a Hold with an average price target of $32.21.

OLD Mission Capital LLC bought a new stake in STMicroelectronics N.V. (NYSE:STM - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 198,457 shares of the semiconductor producer's stock, valued at approximately $4,358,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC raised 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 worth $41,000 after purchasing an additional 1,085 shares during the period. Smartleaf Asset Management LLC raised its holdings in STMicroelectronics by 63.1% in the 1st quarter. Smartleaf Asset Management LLC now owns 2,167 shares of the semiconductor producer's stock valued at $48,000 after acquiring an additional 838 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake in shares of STMicroelectronics by 396.4% in the 1st 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 last quarter. SBI Securities Co. Ltd. increased its stake in shares of STMicroelectronics by 57.2% in the 1st quarter. SBI Securities Co. Ltd. now owns 3,322 shares of the semiconductor producer's stock valued at $73,000 after purchasing an additional 1,209 shares during the last quarter. Finally, Allworth Financial LP grew its position in STMicroelectronics by 59.0% during the 1st quarter. Allworth Financial LP now owns 3,825 shares of the semiconductor producer's stock worth $89,000 after acquiring an additional 1,420 shares during the last quarter. Institutional investors and hedge funds own 5.05% of the company's stock.

STMicroelectronics Price Performance

Shares of STM stock traded up $0.05 on Thursday, reaching $25.85. The company's stock had a trading volume of 4,864,250 shares, compared to its average volume of 7,483,766. The company has a quick ratio of 1.96, a current ratio of 2.74 and a debt-to-equity ratio of 0.11. STMicroelectronics N.V. has a 12-month low of $17.25 and a 12-month high of $33.47. The company has a market capitalization of $23.21 billion, a P/E ratio of 37.48, a PEG ratio of 4.24 and a beta of 1.62. The stock's 50 day simple moving average is $28.39 and its 200-day simple moving average is $25.88.

STMicroelectronics (NYSE:STM - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by ($0.04). STMicroelectronics had a net margin of 5.49% and a return on equity of 4.55%. The firm had revenue of $2.77 billion for the quarter, compared to analysts' expectations of $2.71 billion. STMicroelectronics has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that STMicroelectronics N.V. will post 0.85 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on STM. Robert W. Baird upgraded STMicroelectronics from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $23.00 to $50.00 in a research report on Tuesday, July 22nd. Oddo Bhf raised STMicroelectronics to an "outperform" rating in a research note on Wednesday, July 2nd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of STMicroelectronics in a research note on Friday, July 25th. Baird R W raised STMicroelectronics from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 22nd. Finally, The Goldman Sachs Group set a $26.50 price objective on STMicroelectronics and gave the stock a "neutral" rating in a research note on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price 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.