STMicroelectronics N.V. $STM Holdings Trimmed by Woodline Partners LP

Key Points

• Woodline Partners LP reduced its stake in STMicroelectronics by 1.8%, holding 2,991,530 shares valued at $65.69 million after selling 54,297 shares.
• STMicroelectronics reported a $0.06 earnings per share for the latest quarter, missing the consensus estimate of $0.10, while its revenue was $2.77 billion, above the expected $2.71 billion.
• Current analyst ratings for STMicroelectronics include 8 buy ratings, a "Moderate Buy" average, and a price target of $32.06, reflecting positive sentiment despite some recent sell-offs.

Woodline Partners LP lowered its holdings in STMicroelectronics N.V. (NYSE:STM - Free Report) by 1.8% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,991,530 shares of the semiconductor producer's stock after selling 54,297 shares during the period. Woodline Partners LP owned about 0.33% of STMicroelectronics worth $65,694,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Invesco Ltd. lifted its holdings in STMicroelectronics by 188.1% in the first quarter. Invesco Ltd. now owns 5,093,785 shares of the semiconductor producer's stock worth $111,860,000 after acquiring an additional 3,325,998 shares during the last quarter. 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 buying an additional 725,684 shares during the last quarter. 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 buying an additional 938,097 shares during the last quarter. 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 buying an additional 918,263 shares during the last quarter. Finally, Two Sigma Advisers LP raised its holdings in shares of STMicroelectronics by 35.1% during the fourth quarter. Two Sigma Advisers LP now owns 1,886,700 shares of the semiconductor producer's stock valued at $47,111,000 after buying an additional 490,000 shares during the last quarter. Institutional investors own 5.05% of the company's stock.

STMicroelectronics Price Performance

STMicroelectronics stock traded down $0.21 during mid-day trading on Friday, hitting $25.94. The company's stock had a trading volume of 4,819,157 shares, compared to its average volume of 5,821,844. 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 stock has a market capitalization of $23.30 billion, a P/E ratio of 37.59, a P/E/G ratio of 4.11 and a beta of 1.62. STMicroelectronics N.V. has a twelve month low of $17.25 and a twelve month high of $33.47. The stock's fifty day moving average price is $27.72 and its two-hundred day moving average price is $25.87.

STMicroelectronics (NYSE:STM - Get Free Report) last posted its quarterly 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 business had revenue of $2.77 billion during 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. Research analysts forecast that STMicroelectronics N.V. will post 0.85 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on STM. BNP Paribas raised STMicroelectronics from a "hold" rating to an "outperform" rating in a report on Thursday, September 4th. Robert W. Baird raised STMicroelectronics from a "neutral" rating to an "outperform" rating and lifted their price target for the company from $23.00 to $50.00 in a report on Tuesday, July 22nd. Citigroup reaffirmed a "buy" rating on shares of STMicroelectronics in a report on Thursday, September 4th. Baird R W upgraded shares of STMicroelectronics from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 22nd. Finally, BNP Paribas Exane upgraded shares of STMicroelectronics from a "neutral" rating to an "outperform" rating and set a $31.00 price objective on the stock in a research note on Thursday, September 4th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $32.06.

About STMicroelectronics

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.