PNC Financial Services Group Inc. Has $7.90 Million Stock Holdings in STMicroelectronics N.V. $STM

Posted by Geri Gentry on Jul 27th, 2026

PNC Financial Services Group Inc. grew its position in shares of STMicroelectronics N.V. (NYSE:STM – Free Report) by 65.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 228,674 shares of the semiconductor producer’s stock after buying an additional 90,330 shares during the period. PNC Financial Services Group Inc.’s holdings in STMicroelectronics were worth $7,901,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of STM. Portus Wealth Advisors LLC acquired a new position in shares of STMicroelectronics in the first quarter valued at about $32,000. CIBC Private Wealth Group LLC increased its position in STMicroelectronics by 3,746.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,000 shares of the semiconductor producer’s stock worth $26,000 after acquiring an additional 974 shares during the period. Advisory Services Network LLC acquired a new stake in STMicroelectronics in the 3rd quarter worth about $52,000. Brown Brothers Harriman & Co. raised its stake in STMicroelectronics by 350.4% in the 4th quarter. Brown Brothers Harriman & Co. now owns 2,680 shares of the semiconductor producer’s stock worth $70,000 after purchasing an additional 2,085 shares in the last quarter. Finally, Banque Cantonale Vaudoise bought a new stake in STMicroelectronics in the 4th quarter valued at about $74,000. Institutional investors and hedge funds own 5.05% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on STM. Mizuho decreased their target price on shares of STMicroelectronics from $84.00 to $80.00 and set an “outperform” rating on the stock in a research report on Friday. Morgan Stanley reiterated an “overweight” rating on shares of STMicroelectronics in a research report on Tuesday, June 30th. Wall Street Zen upgraded STMicroelectronics from a “hold” rating to a “buy” rating in a research note on Saturday. Bank of America raised STMicroelectronics from a “neutral” rating to a “buy” rating and set a $100.00 price target on the stock in a research report on Wednesday, June 10th. Finally, Susquehanna raised their price objective on STMicroelectronics from $60.00 to $75.00 and gave the stock a “positive” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $72.89.

View Our Latest Report on STMicroelectronics

STMicroelectronics Trading Down 0.3%

STM opened at $51.39 on Monday. The stock has a market capitalization of $46.16 billion, a price-to-earnings ratio of 100.76 and a beta of 1.93. The company has a quick ratio of 2.08, a current ratio of 2.78 and a debt-to-equity ratio of 0.16. STMicroelectronics N.V. has a twelve month low of $21.11 and a twelve month high of $81.42. The company has a 50-day simple moving average of $70.12 and a 200 day simple moving average of $48.59.

STMicroelectronics (NYSE:STM – Get Free Report) last released its earnings results on Thursday, July 23rd. The semiconductor producer reported $0.31 EPS for the quarter, beating the consensus estimate of $0.26 by $0.05. The firm had revenue of $3.49 billion for the quarter, compared to analyst estimates of $3.46 billion. STMicroelectronics had a net margin of 3.56% and a return on equity of 4.30%. Analysts predict that STMicroelectronics N.V. will post 1.22 EPS for the current fiscal year.

More STMicroelectronics News

Here are the key news stories impacting STMicroelectronics this week:

Positive Sentiment: STMicroelectronics reported Q2 revenue of $3.49 billion and EPS of $0.31, both above analyst estimates, with results supported by stronger AI data-center and industrial demand. STMicroelectronics (STM) Q2 2026 Earnings Call Transcript
Positive Sentiment: Management raised its AI data-center revenue ambitions, saying demand, backlog, and product mix are improving and pointing to higher revenue expectations for 2026 and 2027. SpaceX Supplier STMicroelectronics Hikes AI Data-Center Sales Goal Again
Neutral Sentiment: Market commentary suggests investors are still weighing long-term AI upside against near-term execution issues and a recent pullback in the shares. STMicroelectronics (ENXTPA:STMPA) Stock May Be Below Fair Value On AI Revenue Ambitions
Negative Sentiment: The company’s Q3 revenue guidance midpoint came in slightly below market expectations, fueling concerns that near-term growth may not match the enthusiasm around AI spending. STMicro’s Q3 revenue view slightly lags estimates even as chip demand recovers
Negative Sentiment: Several reports noted that shares fell after the earnings release as investors focused on the softer outlook rather than the quarterly beat, with doubts also emerging about the durability of the AI spending boom. STMicroelectronics hit by doubts over AI spending boom

About STMicroelectronics

(Free Report)

STMicroelectronics is a global semiconductor company headquartered in Geneva, Switzerland, formed through the 1987 merger of SGS Microelettronica and Thomson Semiconducteurs. The company designs, develops and manufactures a broad range of semiconductor products and solutions that serve multiple end markets worldwide. ST’s offerings span from basic components to integrated systems, emphasizing energy-efficient and high-performance devices for modern electronics.

Product categories include microcontrollers (notably the widely used STM32 family), analog and mixed-signal ICs, power MOSFETs and power-management devices, MEMS and sensors, image sensors, and discrete semiconductors.