Scientech Research LLC Buys New Stake in STMicroelectronics N.V. $STM

Scientech Research LLC bought a new stake in shares of STMicroelectronics N.V. (NYSE:STM - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 41,783 shares of the semiconductor producer's stock, valued at approximately $918,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in 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 STMicroelectronics during the first quarter valued at approximately $34,912,000. Junto Capital Management LP acquired a new stake in STMicroelectronics during the first quarter valued at approximately $30,565,000. Voloridge Investment Management LLC lifted its stake in 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 purchasing an additional 938,097 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in 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 purchasing an additional 918,263 shares during the last quarter. 5.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on STM shares. BNP Paribas Exane upgraded shares of STMicroelectronics from a "neutral" rating to an "outperform" rating and set a $31.00 price target for the company in a research report on Thursday, September 4th. Oddo Bhf upgraded shares of STMicroelectronics to an "outperform" rating in a research report on Wednesday, July 2nd. Susquehanna upped their price target on shares of STMicroelectronics from $30.00 to $40.00 and gave the company a "positive" rating in a research report on Tuesday, July 22nd. BNP Paribas upgraded shares of STMicroelectronics from a "hold" rating to an "outperform" rating in a research report on Thursday, September 4th. Finally, TD Cowen reduced their price target 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. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $32.06.

STMicroelectronics Stock Down 0.8%

STMicroelectronics stock traded down $0.21 during trading hours on Friday, hitting $25.94. The company had a trading volume of 4,819,157 shares, compared to its average volume of 5,821,844. The firm has a market capitalization of $23.30 billion, a P/E ratio of 37.59, a price-to-earnings-growth ratio of 4.11 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. The firm's fifty day moving average is $27.72 and its 200-day moving average is $25.87. STMicroelectronics N.V. has a fifty-two week low of $17.25 and a fifty-two week high of $33.47.

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 net margin of 5.49% and a return on equity of 4.55%. The company had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.71 billion. STMicroelectronics has set its Q3 2025 guidance at EPS. On average, research analysts forecast that STMicroelectronics N.V. will post 0.85 earnings per share for the current year.

STMicroelectronics Company 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.