Wealth Enhancement Advisory Services LLC Takes $420,000 Position in STMicroelectronics N.V. $STM

Key Points

• Wealth Enhancement Advisory Services LLC invested approximately $420,000 in STMicroelectronics N.V. by acquiring 13,002 shares during the second quarter.
• Multiple institutional investors have significantly increased their stakes in STMicroelectronics, including GAMMA Investing LLC, which raised its holdings by 1,758.2%.
• STMicroelectronics reported a net margin of 5.49% and missed EPS estimates, posting $0.06 for the quarter compared to the expected $0.10.

Wealth Enhancement Advisory Services LLC purchased a new stake in shares of STMicroelectronics N.V. (NYSE:STM - Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 13,002 shares of the semiconductor producer's stock, valued at approximately $420,000.

A number of other institutional investors have also added to or reduced their stakes in STM. GAMMA Investing LLC raised its holdings in shares of STMicroelectronics by 1,758.2% during the 1st quarter. GAMMA Investing LLC now owns 21,982 shares of the semiconductor producer's stock valued at $483,000 after buying an additional 20,799 shares in the last quarter. Farther Finance Advisors LLC grew its position in 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 acquiring an additional 1,085 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of STMicroelectronics by 426.0% in the 1st quarter. SG Americas Securities LLC now owns 233,565 shares of the semiconductor producer's stock worth $5,129,000 after acquiring an additional 189,160 shares during the last quarter. Azzad Asset Management Inc. ADV purchased a new stake in shares of STMicroelectronics in the 1st quarter valued at $3,599,000. Finally, QRG Capital Management Inc. raised its position in STMicroelectronics by 11.5% in the 1st quarter. QRG Capital Management Inc. now owns 76,930 shares of the semiconductor producer's stock worth $1,689,000 after purchasing an additional 7,913 shares during the period. 5.05% of the stock is currently owned by institutional investors.

STMicroelectronics Price Performance

Shares of NYSE STM opened at $28.93 on Tuesday. The company has a 50 day moving average of $26.77 and a 200 day moving average of $26.24. 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 N.V. has a twelve month low of $17.25 and a twelve month high of $33.47. The firm has a market cap of $25.98 billion, a P/E ratio of 41.93, a PEG ratio of 5.90 and a beta of 1.66.

STMicroelectronics (NYSE:STM - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The semiconductor producer reported $0.06 EPS 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 business 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. As a group, research analysts expect that STMicroelectronics N.V. will post 0.85 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on STM. BNP Paribas upgraded STMicroelectronics from a "hold" rating to an "outperform" rating in a report on Thursday, September 4th. The Goldman Sachs Group set a $26.50 price target on shares of STMicroelectronics and gave the company a "neutral" rating in a research report on Friday, July 25th. Barclays restated an "underweight" rating on shares of STMicroelectronics in a research report on Tuesday, September 16th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of STMicroelectronics in a report on Friday, July 25th. Finally, BNP Paribas Exane upgraded STMicroelectronics from a "neutral" rating to an "outperform" rating and set a $31.00 price target on the stock in a report on Thursday, September 4th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, STMicroelectronics currently has an average rating of "Hold" and a consensus target price of $32.06.

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.

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