STMicroelectronics N.V. $STM Stock Position Cut 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 stake in shares of STMicroelectronics N.V. (NYSE:STM - Free Report) by 1.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,991,530 shares of the semiconductor producer's stock after selling 54,297 shares during the quarter. Woodline Partners LP owned approximately 0.33% of STMicroelectronics worth $65,694,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. ABC Arbitrage SA grew its holdings in STMicroelectronics by 55.1% during the 1st quarter. ABC Arbitrage SA now owns 95,851 shares of the semiconductor producer's stock worth $2,105,000 after acquiring an additional 34,042 shares in the last quarter. Foresight Global Investors Inc. acquired a new position in STMicroelectronics in the first quarter worth about $11,154,000. BNP Paribas Financial Markets increased its holdings in STMicroelectronics by 59.9% in 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. Ridgewood Investments LLC raised its stake in STMicroelectronics by 325.1% during the first quarter. Ridgewood Investments LLC now owns 13,174 shares of the semiconductor producer's stock valued at $289,000 after buying an additional 10,075 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in STMicroelectronics by 40.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 62,873 shares of the semiconductor producer's stock worth $1,381,000 after buying an additional 18,030 shares during the last quarter. 5.05% of the stock is owned by institutional investors and hedge funds.

STMicroelectronics Stock Performance

NYSE:STM traded up $0.38 during mid-day trading on Thursday, hitting $26.17. The stock had a trading volume of 6,034,044 shares, compared to its average volume of 5,790,519. The company has a current ratio of 2.74, a quick ratio of 1.96 and a debt-to-equity ratio of 0.11. The company has a 50 day simple moving average of $27.85 and a 200-day simple moving average of $25.88. The stock has a market capitalization of $23.51 billion, a price-to-earnings ratio of 37.93, a P/E/G ratio of 4.05 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.

STMicroelectronics (NYSE:STM - Get Free Report) last posted its 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 firm had revenue of $2.77 billion during the quarter, compared to the consensus estimate 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, research analysts expect that STMicroelectronics N.V. will post 0.85 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on STM shares. The Goldman Sachs Group set a $26.50 price target on STMicroelectronics and gave the company a "neutral" rating in a research report on Friday, July 25th. TD Cowen dropped their target price on shares of STMicroelectronics from $34.00 to $27.00 and set a "hold" rating on the stock in a report on Friday, July 25th. Susquehanna raised their price target on shares of STMicroelectronics from $30.00 to $40.00 and gave the stock a "positive" rating in a research report on Tuesday, July 22nd. BNP Paribas Exane raised shares of STMicroelectronics from a "neutral" rating to an "outperform" rating and set a $31.00 price objective for the company in a research report on Thursday, September 4th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of STMicroelectronics in a research note on Friday, July 25th. One equities 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 issued a Sell rating to the company's stock. According to data from MarketBeat.com, STMicroelectronics has an average rating of "Moderate Buy" and a consensus price target 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.