6,742 Shares in STMicroelectronics N.V. $STM Purchased by MGO One Seven LLC

MGO One Seven LLC acquired a new position in STMicroelectronics N.V. (NYSE:STM) in the second quarter, HoldingsChannel reports. The fund acquired 6,742 shares of the semiconductor producer’s stock, valued at approximately $205,000.

A number of other hedge funds also recently added to or reduced their stakes in STM. Farther Finance Advisors LLC lifted its stake in STMicroelectronics by 139.6% in the first quarter. Farther Finance Advisors LLC now owns 1,862 shares of the semiconductor producer’s stock worth $41,000 after acquiring an additional 1,085 shares during the period. Blue Trust Inc. raised its holdings in STMicroelectronics by 49.9% in the first quarter. Blue Trust Inc. now owns 12,305 shares of the semiconductor producer’s stock worth $270,000 after purchasing an additional 4,095 shares in the last quarter. Shariaportfolio Inc. raised its holdings in STMicroelectronics by 37.4% in the first quarter. Shariaportfolio Inc. now owns 87,131 shares of the semiconductor producer’s stock worth $1,913,000 after purchasing an additional 23,713 shares in the last quarter. Oppenheimer Asset Management Inc. raised its holdings in STMicroelectronics by 146.1% in the first quarter. Oppenheimer Asset Management Inc. now owns 25,585 shares of the semiconductor producer’s stock worth $562,000 after purchasing an additional 15,190 shares in the last quarter. Finally, Diversified Trust Co raised its holdings in STMicroelectronics by 32.0% in the first quarter. Diversified Trust Co now owns 30,812 shares of the semiconductor producer’s stock worth $677,000 after purchasing an additional 7,471 shares in the last quarter. 5.05% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

STM has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of STMicroelectronics in a report on Friday, July 25th. Barclays reiterated an “underweight” rating on shares of STMicroelectronics in a report on Tuesday, September 16th. Craig Hallum downgraded shares of STMicroelectronics from a “buy” rating to a “hold” rating and set a $28.00 price objective on the stock. in a report on Thursday, July 24th. Citigroup restated a “buy” rating on shares of STMicroelectronics in a report on Thursday, September 4th. Finally, Baird R W upgraded shares of STMicroelectronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, STMicroelectronics has an average rating of “Hold” and an average price target of $32.06.

STMicroelectronics Stock Performance

STM opened at $30.21 on Tuesday. The firm’s 50-day moving average price is $27.47 and its 200-day moving average price is $26.72. The company has a market cap of $27.14 billion, a P/E ratio of 43.79, a price-to-earnings-growth ratio of 6.02 and a beta of 1.66. STMicroelectronics N.V. has a 52-week low of $17.25 and a 52-week high of $33.47. 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 (NYSE:STM) last issued its 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). The firm had revenue of $2.77 billion during the quarter, compared to analysts’ expectations 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, equities analysts anticipate that STMicroelectronics N.V. will post 0.85 EPS for the current fiscal 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.