Vident Advisory LLC Takes $284,000 Position in STMicroelectronics N.V. $STM

Key Points

• Vident Advisory LLC has acquired a new stake in STMicroelectronics, purchasing 12,925 shares valued at approximately $284,000.
• Analyst ratings for STMicroelectronics show a shift, with BNP Paribas upgrading the stock to "outperform," while TD Cowen lowered their price target from $34.00 to $27.00.
• STMicroelectronics reported a net income of $0.06 per share for the last quarter, missing expectations of $0.10, despite revenue exceeding forecasts at $2.77 billion.

Vident Advisory LLC purchased a new stake in shares of STMicroelectronics N.V. (NYSE:STM - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 12,925 shares of the semiconductor producer's stock, valued at approximately $284,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Invesco Ltd. boosted its position in shares of 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 buying an additional 3,325,998 shares during the last quarter. Two Sigma Investments LP boosted its position 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 boosted its position 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 boosted its position 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 boosted its position 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. 5.05% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. BNP Paribas raised STMicroelectronics from a "hold" rating to an "outperform" rating in a research report on Thursday, September 4th. TD Cowen dropped 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. Robert W. Baird raised STMicroelectronics from a "neutral" rating to an "outperform" rating and raised their target price for the stock from $23.00 to $50.00 in a research report on Tuesday, July 22nd. Citigroup reissued a "buy" rating on shares of STMicroelectronics in a research report on Thursday, September 4th. Finally, The Goldman Sachs Group set a $26.50 target price on STMicroelectronics and gave the stock a "neutral" rating in a research report 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 issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, STMicroelectronics has an average rating of "Moderate Buy" and a consensus price target of $32.06.

STMicroelectronics Stock Down 2.5%

STM stock opened at $25.94 on Wednesday. STMicroelectronics N.V. has a twelve month low of $17.25 and a twelve month 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. The stock has a market cap of $23.30 billion, a P/E ratio of 37.59, a PEG ratio of 4.18 and a beta of 1.62. The business's 50-day moving average price is $28.08 and its 200-day moving average price is $25.89.

STMicroelectronics (NYSE:STM - Get Free Report) last posted its quarterly earnings data 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 company 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. On average, equities research analysts forecast that STMicroelectronics N.V. will post 0.85 EPS for the current year.

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.

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