Northwestern Mutual Wealth Management Co. Sells 2,032 Shares of STMicroelectronics N.V. $STM

Northwestern Mutual Wealth Management Co. trimmed its position in STMicroelectronics N.V. (NYSE:STM) by 25.4% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 5,970 shares of the semiconductor producer’s stock after selling 2,032 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in STMicroelectronics were worth $131,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Deutsche Bank AG boosted its position in STMicroelectronics by 14.5% in the 4th quarter. Deutsche Bank AG now owns 3,682 shares of the semiconductor producer’s stock valued at $92,000 after buying an additional 466 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of STMicroelectronics by 5.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 12,930 shares of the semiconductor producer’s stock valued at $284,000 after purchasing an additional 650 shares during the period. Gallacher Capital Management LLC lifted its stake in shares of STMicroelectronics by 5.0% in the 1st quarter. Gallacher Capital Management LLC now owns 14,746 shares of the semiconductor producer’s stock valued at $324,000 after purchasing an additional 702 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of STMicroelectronics by 139.6% in the 1st quarter. Farther Finance Advisors LLC now owns 1,862 shares of the semiconductor producer’s stock valued at $41,000 after purchasing an additional 1,085 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of STMicroelectronics by 13.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,323 shares of the semiconductor producer’s stock valued at $258,000 after purchasing an additional 1,184 shares during the period. 5.05% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

STM has been the topic of a number of analyst reports. Susquehanna increased their price target on STMicroelectronics from $30.00 to $40.00 and gave the company a “positive” rating in a research note on Tuesday, July 22nd. TD Cowen cut their price target on STMicroelectronics from $34.00 to $27.00 and set a “hold” rating on the stock in a research note on Friday, July 25th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of STMicroelectronics in a research note on Friday, July 25th. Robert W. Baird raised STMicroelectronics from a “neutral” rating to an “outperform” rating and increased their price target for the company from $23.00 to $50.00 in a research note on Tuesday, July 22nd. Finally, Craig Hallum downgraded STMicroelectronics from a “buy” rating to a “hold” rating and set a $28.00 price target on the stock. in a research note on Thursday, July 24th. Three analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, STMicroelectronics presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.06.

STMicroelectronics Stock Performance

Shares of STMicroelectronics stock opened at $26.82 on Friday. The stock’s fifty day simple moving average is $28.25 and its 200 day simple moving average is $25.91. The company has a market capitalization of $24.09 billion, a PE ratio of 38.87, a PEG ratio of 4.16 and a beta of 1.62. The company has a current ratio of 2.74, a quick ratio of 1.96 and a debt-to-equity ratio of 0.11. STMicroelectronics N.V. has a 12 month low of $17.25 and a 12 month high of $33.47.

STMicroelectronics (NYSE:STM) last released its earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.04). The firm had revenue of $2.77 billion for 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 predict that STMicroelectronics N.V. will post 0.85 EPS for the current year.

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.