Russell Investments Group Ltd. Raises Stock Holdings in STMicroelectronics N.V. $STM

Russell Investments Group Ltd. raised its position in shares of STMicroelectronics N.V. (NYSE:STM) by 312.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,882 shares of the semiconductor producer’s stock after acquiring an additional 15,813 shares during the period. Russell Investments Group Ltd.’s holdings in STMicroelectronics were worth $461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. ABC Arbitrage SA raised its holdings in shares of 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. bought a new position in shares of STMicroelectronics during the 1st quarter valued at approximately $11,154,000. Ridgewood Investments LLC increased its position in shares of STMicroelectronics by 325.1% during the 1st quarter. Ridgewood Investments LLC now owns 13,174 shares of the semiconductor producer’s stock valued at $289,000 after purchasing an additional 10,075 shares during the last quarter. Oppenheimer Asset Management Inc. increased its position in shares of STMicroelectronics by 146.1% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 25,585 shares of the semiconductor producer’s stock valued at $562,000 after purchasing an additional 15,190 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of STMicroelectronics by 188.1% during the 1st 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. 5.05% of the stock is owned by hedge funds and other institutional investors.

STMicroelectronics Stock Performance

Shares of STMicroelectronics stock opened at $27.02 on Monday. The stock’s fifty day moving average is $28.59 and its two-hundred day moving average is $25.86. The company has a market capitalization of $24.27 billion, a PE ratio of 39.16, a price-to-earnings-growth ratio of 4.24 and a beta of 1.62. 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 52 week low of $17.25 and a 52 week high of $33.47.

STMicroelectronics (NYSE:STM) last announced 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). The business had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.71 billion. STMicroelectronics had a net margin of 5.49% and a return on equity of 4.55%. STMicroelectronics has set its Q3 2025 guidance at EPS. As a group, analysts expect that STMicroelectronics N.V. will post 0.85 earnings per share for the current year.

Analyst Upgrades and Downgrades

STM has been the topic of several analyst reports. Craig Hallum downgraded STMicroelectronics from a “buy” rating to a “hold” rating and set a $28.00 target price on the stock. in a research report on Thursday, July 24th. The Goldman Sachs Group set a $26.50 target price on STMicroelectronics and gave the company a “neutral” rating in a research report on Friday, July 25th. TD Cowen cut their target price on STMicroelectronics from $34.00 to $27.00 and set a “hold” rating on the stock in a research report on Friday, July 25th. Baird R W raised STMicroelectronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 22nd. Finally, Oddo Bhf raised STMicroelectronics to an “outperform” rating in a research report on Wednesday, July 2nd. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, STMicroelectronics currently has an average rating of “Hold” and a consensus target price of $32.21.

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.