West Tower Group LLC Makes New Investment in STMicroelectronics N.V. $STM

West Tower Group LLC purchased a new position in shares of STMicroelectronics N.V. (NYSE:STM) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,000 shares of the semiconductor producer’s stock, valued at approximately $243,000.

Other institutional investors have also recently bought and sold shares of the company. William Blair Investment Management LLC acquired a new stake in shares of STMicroelectronics in the 2nd quarter valued at $254,000. Ritholtz Wealth Management acquired a new stake in shares of STMicroelectronics in the 2nd quarter valued at $492,000. Sequoia Financial Advisors LLC acquired a new stake in shares of STMicroelectronics in the 2nd quarter valued at $341,000. Yousif Capital Management LLC acquired a new stake in shares of STMicroelectronics in the 2nd quarter valued at $316,000. Finally, MGO One Seven LLC acquired a new stake in shares of STMicroelectronics in the 2nd quarter valued at $205,000. Institutional investors and hedge funds own 5.05% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Susquehanna boosted their target price on shares of STMicroelectronics from $30.00 to $40.00 and gave the company a “positive” rating in a research note on Tuesday, July 22nd. Robert W. Baird upgraded shares of STMicroelectronics from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $23.00 to $50.00 in a research note on Tuesday, July 22nd. Oddo Bhf upgraded shares of STMicroelectronics to an “outperform” rating in a research note on Wednesday, July 2nd. BNP Paribas Exane raised STMicroelectronics from a “neutral” rating to an “outperform” rating and set a $31.00 price target for the company in a report on Thursday, September 4th. Finally, The Goldman Sachs Group set a $26.50 price target on STMicroelectronics and gave the company a “neutral” rating in a report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $32.06.

STMicroelectronics Stock Performance

STMicroelectronics stock opened at $29.26 on Monday. The stock has a market capitalization of $26.28 billion, a price-to-earnings ratio of 42.41, a P/E/G ratio of 6.02 and a beta of 1.66. STMicroelectronics N.V. has a 12-month low of $17.25 and a 12-month 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. The stock has a 50-day simple moving average of $27.36 and a 200 day simple moving average of $26.63.

STMicroelectronics (NYSE:STM) last announced 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). 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 anticipate that STMicroelectronics N.V. will post 0.85 earnings per share for the current fiscal 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.