Northern Trust Corp Sells 103,124 Shares of STMicroelectronics N.V. $STM

Northern Trust Corp lowered its stake in shares of STMicroelectronics N.V. (NYSE:STM) by 16.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 513,676 shares of the semiconductor producer’s stock after selling 103,124 shares during the quarter. Northern Trust Corp owned 0.06% of STMicroelectronics worth $11,280,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Brooklyn Investment Group boosted its holdings in STMicroelectronics by 1,275.9% during the 1st quarter. Brooklyn Investment Group now owns 4,678 shares of the semiconductor producer’s stock valued at $103,000 after acquiring an additional 4,338 shares during the period. Summit Securities Group LLC acquired a new position in STMicroelectronics during the 1st quarter valued at about $3,259,000. American Century Companies Inc. increased its position in STMicroelectronics by 3.6% during the 1st quarter. American Century Companies Inc. now owns 537,317 shares of the semiconductor producer’s stock valued at $11,799,000 after buying an additional 18,906 shares in the last quarter. Fox Run Management L.L.C. acquired a new position in STMicroelectronics during the 1st quarter valued at about $245,000. Finally, Caitong International Asset Management Co. Ltd increased its holdings in shares of STMicroelectronics by 396.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 3,197 shares of the semiconductor producer’s stock valued at $70,000 after purchasing an additional 2,553 shares during the period. Institutional investors own 5.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on STM. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of STMicroelectronics in a report on Friday, July 25th. Robert W. Baird upgraded STMicroelectronics from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $23.00 to $50.00 in a research report on Tuesday, July 22nd. 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 price objective on STMicroelectronics and gave the stock a “neutral” rating in a research 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 objective on the stock in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $32.06.

STMicroelectronics Stock Up 2.5%

STMicroelectronics stock opened at $26.44 on Friday. STMicroelectronics N.V. has a fifty-two week low of $17.25 and a fifty-two week high of $33.47. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.96 and a current ratio of 2.74. The company has a market capitalization of $23.74 billion, a P/E ratio of 38.31, a PEG ratio of 4.05 and a beta of 1.62. The stock has a 50-day simple moving average of $28.31 and a 200-day simple moving average of $25.90.

STMicroelectronics (NYSE:STM) last posted its earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 earnings per share 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 firm had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.71 billion. STMicroelectronics has set its Q3 2025 guidance at EPS. Equities research analysts expect that STMicroelectronics N.V. will post 0.85 earnings per share 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.