Acadian Asset Management LLC Buys 3,375,428 Shares of STMicroelectronics N.V. $STM

Acadian Asset Management LLC lifted its stake in shares of STMicroelectronics N.V. (NYSE:STM) by 148.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,650,244 shares of the semiconductor producer’s stock after purchasing an additional 3,375,428 shares during the quarter. Acadian Asset Management LLC’s holdings in STMicroelectronics were worth $124,055,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. 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 in the 1st quarter worth about $11,154,000. BNP Paribas Financial Markets boosted its holdings in shares of STMicroelectronics by 59.9% in the 1st 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 in the last quarter. Ridgewood Investments LLC boosted its holdings in shares of STMicroelectronics by 325.1% in the 1st 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of STMicroelectronics by 40.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 62,873 shares of the semiconductor producer’s stock worth $1,381,000 after purchasing an additional 18,030 shares in the last quarter. 5.05% of the stock is currently owned by institutional investors.

STMicroelectronics Trading Up 1.3%

NYSE STM opened at $26.29 on Wednesday. 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 stock has a 50 day simple moving average of $28.08 and a two-hundred day simple moving average of $25.89. The stock has a market cap of $23.61 billion, a P/E ratio of 37.80, a price-to-earnings-growth ratio of 4.18 and a beta of 1.62.

STMicroelectronics (NYSE:STM) last released its quarterly earnings data 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 return on equity of 4.55% and a net margin of 5.49%.The business 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. On average, analysts forecast that STMicroelectronics N.V. will post 0.85 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently issued reports on STM. Susquehanna upped their price objective on STMicroelectronics from $30.00 to $40.00 and gave the stock a “positive” rating in a report on Tuesday, July 22nd. The Goldman Sachs Group set a $26.50 price objective on STMicroelectronics and gave the stock a “neutral” rating in a report on Friday, July 25th. BNP Paribas Exane upgraded STMicroelectronics from a “neutral” rating to an “outperform” rating and set a $31.00 price objective for the company in a report on Thursday, September 4th. Craig Hallum cut STMicroelectronics from a “buy” rating to a “hold” rating and set a $28.00 price objective for the company. in a report on Thursday, July 24th. Finally, Citigroup reiterated a “buy” rating on shares of STMicroelectronics in a report on Thursday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $32.06.

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.