Scientech Research LLC Invests $918,000 in STMicroelectronics N.V. $STM

Scientech Research LLC purchased a new position in STMicroelectronics N.V. (NYSE:STM - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 41,783 shares of the semiconductor producer's stock, valued at approximately $918,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC increased its stake 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 valued at $41,000 after purchasing an additional 1,085 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in STMicroelectronics by 63.1% in the first quarter. Smartleaf Asset Management LLC now owns 2,167 shares of the semiconductor producer's stock worth $48,000 after acquiring an additional 838 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of STMicroelectronics by 396.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 3,197 shares of the semiconductor producer's stock worth $70,000 after acquiring an additional 2,553 shares during the last quarter. SBI Securities Co. Ltd. grew its stake in shares of STMicroelectronics by 57.2% in the first quarter. SBI Securities Co. Ltd. now owns 3,322 shares of the semiconductor producer's stock worth $73,000 after acquiring an additional 1,209 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in shares of STMicroelectronics by 59.0% during the first quarter. Allworth Financial LP now owns 3,825 shares of the semiconductor producer's stock valued at $89,000 after acquiring an additional 1,420 shares in the last quarter. Hedge funds and other institutional investors own 5.05% of the company's stock.

STMicroelectronics Stock Performance

NYSE:STM traded up $0.38 on Thursday, hitting $26.17. The stock had a trading volume of 6,034,044 shares, compared to its average volume of 7,474,506. The business's 50-day simple moving average is $27.97 and its two-hundred day simple moving average is $25.89. The stock has a market cap of $23.51 billion, a price-to-earnings ratio of 37.93, a price-to-earnings-growth ratio of 4.08 and a beta of 1.62. STMicroelectronics N.V. has a 52-week low of $17.25 and a 52-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.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Craig Hallum cut shares of STMicroelectronics from a "buy" rating to a "hold" rating and set a $28.00 price target on the stock. in a research note on Thursday, July 24th. Baird R W upgraded shares of STMicroelectronics from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 22nd. BNP Paribas raised shares of STMicroelectronics from a "hold" rating to an "outperform" rating in a research report on Thursday, September 4th. TD Cowen lowered their price objective on STMicroelectronics from $34.00 to $27.00 and set a "hold" rating on the stock in a research report on Friday, July 25th. Finally, The Goldman Sachs Group set a $26.50 target price on STMicroelectronics and gave the company a "neutral" rating in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $32.06.

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.