Sequoia Financial Advisors LLC Takes $341,000 Position in STMicroelectronics N.V. $STM

Sequoia Financial Advisors LLC purchased a new position in STMicroelectronics N.V. (NYSE:STM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,221 shares of the semiconductor producer’s stock, valued at approximately $341,000.

Several other large investors also recently added to or reduced their stakes in STM. ABC Arbitrage SA increased its stake in STMicroelectronics by 55.1% in 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 during the last quarter. Foresight Global Investors Inc. purchased a new position in shares of STMicroelectronics during the first quarter worth about $11,154,000. BNP Paribas Financial Markets increased its position in shares of STMicroelectronics by 59.9% in the first quarter. BNP Paribas Financial Markets now owns 2,451,052 shares of the semiconductor producer’s stock worth $53,825,000 after purchasing an additional 918,263 shares during the last quarter. Ridgewood Investments LLC increased its position in shares of STMicroelectronics by 325.1% in the first quarter. Ridgewood Investments LLC now owns 13,174 shares of the semiconductor producer’s stock worth $289,000 after purchasing an additional 10,075 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in STMicroelectronics by 40.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 62,873 shares of the semiconductor producer’s stock valued at $1,381,000 after purchasing an additional 18,030 shares in the last quarter. Institutional investors own 5.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on STM. BNP Paribas Exane upgraded shares of STMicroelectronics from a “neutral” rating to an “outperform” rating and set a $31.00 target price for the company in a research report on Thursday, September 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of STMicroelectronics in a report on Friday, July 25th. Baird R W raised STMicroelectronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 22nd. Weiss Ratings downgraded STMicroelectronics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, October 8th. Finally, Susquehanna increased their price objective on STMicroelectronics from $30.00 to $40.00 and gave the company a “positive” rating in a research report on Tuesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, STMicroelectronics has an average rating of “Hold” and a consensus price target of $32.06.

STMicroelectronics Trading Up 1.1%

NYSE STM opened at $30.53 on Wednesday. The firm has a market cap of $27.42 billion, a PE ratio of 44.25, a price-to-earnings-growth ratio of 6.22 and a beta of 1.66. STMicroelectronics N.V. has a 1-year low of $17.25 and a 1-year high of $33.47. The stock has a 50-day moving average of $27.55 and a 200-day moving average of $26.74. 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 (NYSE:STM) last announced its quarterly earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.04). STMicroelectronics had a return on equity of 4.55% and a net margin of 5.49%.The company 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. As a group, sell-side 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.