STMicroelectronics N.V. $STM Shares Bought by Hantz Financial Services Inc.

Hantz Financial Services Inc. raised its position in STMicroelectronics N.V. (NYSE:STM) by 7.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 93,800 shares of the semiconductor producer’s stock after acquiring an additional 6,886 shares during the period. Hantz Financial Services Inc.’s holdings in STMicroelectronics were worth $2,852,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC lifted its stake in shares of STMicroelectronics by 63.1% in the 1st quarter. Smartleaf Asset Management LLC now owns 2,167 shares of the semiconductor producer’s stock worth $48,000 after acquiring an additional 838 shares during the period. IFP Advisors Inc lifted its stake in shares of STMicroelectronics by 85.4% in the 2nd quarter. IFP Advisors Inc now owns 2,269 shares of the semiconductor producer’s stock worth $69,000 after acquiring an additional 1,045 shares during the period. CWM LLC lifted its stake in shares of STMicroelectronics by 27.5% in the second quarter. CWM LLC now owns 2,680 shares of the semiconductor producer’s stock valued at $82,000 after purchasing an additional 578 shares during the period. GAMMA Investing LLC lifted its stake in shares of STMicroelectronics by 184.5% in the second quarter. GAMMA Investing LLC now owns 2,848 shares of the semiconductor producer’s stock valued at $87,000 after purchasing an additional 1,847 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of STMicroelectronics by 396.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 3,197 shares of the semiconductor producer’s stock valued at $70,000 after purchasing an additional 2,553 shares during the period. Institutional investors and hedge funds own 5.05% of the company’s stock.

STMicroelectronics Stock Performance

Shares of STM opened at $24.48 on Friday. The company has a current ratio of 3.22, a quick ratio of 2.28 and a debt-to-equity ratio of 0.11. The stock has a market cap of $21.98 billion, a P/E ratio of 42.20, a PEG ratio of 4.59 and a beta of 1.66. The company has a 50-day moving average of $27.45 and a two-hundred day moving average of $27.07. STMicroelectronics N.V. has a 12-month low of $17.25 and a 12-month high of $33.47.

STMicroelectronics (NYSE:STM) last announced its earnings results on Thursday, October 23rd. The semiconductor producer reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.07. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.18 billion. STMicroelectronics had a net margin of 4.55% and a return on equity of 4.06%. STMicroelectronics has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, research analysts predict that STMicroelectronics N.V. will post 0.85 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on the stock. Weiss Ratings cut shares of STMicroelectronics from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, October 8th. TD Cowen reduced their price objective on shares of STMicroelectronics from $27.00 to $25.00 and set a “hold” rating for the company in a research note on Friday, October 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of STMicroelectronics in a research note on Friday, July 25th. Craig Hallum cut shares of STMicroelectronics from a “buy” rating to a “hold” rating and set a $28.00 price objective for the company. in a research note on Thursday, July 24th. Finally, Citigroup reiterated a “buy” rating on shares of STMicroelectronics in a research note on Thursday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, STMicroelectronics has a consensus rating of “Hold” and a consensus target price of $31.19.

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.