Hennessy Advisors Inc. Invests $152,000 in STMicroelectronics N.V. $STM

Hennessy Advisors Inc. purchased a new position in shares of STMicroelectronics N.V. (NYSE:STM) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,996 shares of the semiconductor producer’s stock, valued at approximately $152,000.

Several other institutional investors also recently bought and sold shares of the company. ABC Arbitrage SA lifted its position in shares of STMicroelectronics by 55.1% in the first quarter. ABC Arbitrage SA now owns 95,851 shares of the semiconductor producer’s stock valued at $2,105,000 after acquiring an additional 34,042 shares in the last quarter. Foresight Global Investors Inc. acquired a new position in STMicroelectronics in the 1st quarter valued at $11,154,000. BNP Paribas Financial Markets lifted its holdings in STMicroelectronics by 59.9% in the 1st quarter. BNP Paribas Financial Markets now owns 2,451,052 shares of the semiconductor producer’s stock valued at $53,825,000 after purchasing an additional 918,263 shares in the last quarter. Ridgewood Investments LLC boosted its stake in STMicroelectronics by 325.1% during 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 during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of STMicroelectronics by 40.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 62,873 shares of the semiconductor producer’s stock worth $1,381,000 after buying an additional 18,030 shares in the last quarter. 5.05% of the stock is currently owned by institutional investors and hedge funds.

STMicroelectronics Trading Down 0.3%

STM opened at $28.80 on Monday. The stock has a market capitalization of $25.86 billion, a PE ratio of 41.73, a P/E/G ratio of 5.90 and a beta of 1.66. STMicroelectronics N.V. has a one year low of $17.25 and a one year 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 business’s 50 day moving average price is $26.72 and its 200 day moving average price is $26.21.

STMicroelectronics (NYSE:STM) last posted its earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $2.71 billion. STMicroelectronics has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that STMicroelectronics N.V. will post 0.85 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently weighed in on STM. The Goldman Sachs Group set a $26.50 price target on shares of STMicroelectronics and gave the stock a “neutral” rating in a research note on Friday, July 25th. Baird R W raised shares of STMicroelectronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 22nd. BNP Paribas upgraded STMicroelectronics from a “hold” rating to an “outperform” rating in a research report on Thursday, September 4th. Weiss Ratings reiterated a “hold (c-)” rating on shares of STMicroelectronics in a research report on Saturday, September 27th. Finally, BNP Paribas Exane raised STMicroelectronics from a “neutral” rating to an “outperform” rating and set a $31.00 price objective on the stock in a research note on Thursday, September 4th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, STMicroelectronics currently has a consensus rating of “Hold” and a consensus target price 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.