Avantra Family Wealth Inc. Acquires Shares of 17,406 STMicroelectronics N.V. $STM

Avantra Family Wealth Inc. acquired a new stake in shares of STMicroelectronics N.V. (NYSE:STM) during the 2nd quarter, HoldingsChannel reports. The firm acquired 17,406 shares of the semiconductor producer’s stock, valued at approximately $529,000.

Several other large investors have also bought and sold shares of the stock. PNC Financial Services Group Inc. raised its stake in shares of STMicroelectronics by 5.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 12,930 shares of the semiconductor producer’s stock worth $284,000 after purchasing an additional 650 shares during the period. Gallacher Capital Management LLC raised its stake in shares of STMicroelectronics by 5.0% during the 1st quarter. Gallacher Capital Management LLC now owns 14,746 shares of the semiconductor producer’s stock worth $324,000 after purchasing an additional 702 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of STMicroelectronics by 63.1% during the 1st quarter. Smartleaf Asset Management LLC now owns 2,167 shares of the semiconductor producer’s stock worth $48,000 after purchasing an additional 838 shares during the period. Farther Finance Advisors LLC raised its stake in shares of STMicroelectronics by 139.6% during the 1st quarter. Farther Finance Advisors LLC now owns 1,862 shares of the semiconductor producer’s stock worth $41,000 after purchasing an additional 1,085 shares during the period. Finally, Earnest Partners LLC raised its stake in shares of STMicroelectronics by 7.4% during the 1st quarter. Earnest Partners LLC now owns 15,944 shares of the semiconductor producer’s stock worth $350,000 after purchasing an additional 1,100 shares during the period. 5.05% of the stock is currently owned by institutional investors.

STMicroelectronics Stock Up 0.5%

STM stock opened at $28.93 on Tuesday. 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 firm has a market capitalization of $25.98 billion, a PE ratio of 41.93, a PEG ratio of 5.90 and a beta of 1.66. STMicroelectronics N.V. has a twelve month low of $17.25 and a twelve month high of $33.47. The stock has a 50-day simple moving average of $26.77 and a two-hundred day simple moving average of $26.24.

STMicroelectronics (NYSE:STM) last posted its earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.04). The company had revenue of $2.77 billion for the quarter, compared to analysts’ expectations of $2.71 billion. STMicroelectronics had a net margin of 5.49% and a return on equity of 4.55%. STMicroelectronics has set its Q3 2025 guidance at EPS. On average, equities analysts predict that STMicroelectronics N.V. will post 0.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on STM. Oddo Bhf upgraded STMicroelectronics to an “outperform” rating in a research note on Wednesday, July 2nd. Craig Hallum lowered 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. Robert W. Baird raised STMicroelectronics from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $23.00 to $50.00 in a report on Tuesday, July 22nd. Weiss Ratings reissued a “hold (c-)” rating on shares of STMicroelectronics in a report on Saturday, September 27th. Finally, TD Cowen decreased their price objective on STMicroelectronics from $34.00 to $27.00 and set a “hold” rating for the company in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, STMicroelectronics currently has an average rating of “Hold” and an average 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.