STMicroelectronics (NYSE:STM) Stock Rating Reaffirmed by William Blair

William Blair reissued their market perform rating on shares of STMicroelectronics (NYSE:STM) in a research report released on Friday morning, RTT News reports. William Blair also issued estimates for STMicroelectronics’ Q1 2025 earnings at $0.69 EPS.

Several other equities research analysts have also recently issued reports on STM. Craig Hallum lowered their target price on shares of STMicroelectronics from $50.00 to $48.00 and set a buy rating on the stock in a research note on Thursday, January 25th. Berenberg Bank raised shares of STMicroelectronics from a hold rating to a buy rating in a research note on Tuesday, April 23rd. HSBC started coverage on shares of STMicroelectronics in a research note on Thursday, February 22nd. They issued a buy rating on the stock. Susquehanna restated a positive rating and issued a $55.00 price target on shares of STMicroelectronics in a research report on Monday, April 8th. Finally, StockNews.com downgraded STMicroelectronics from a strong-buy rating to a buy rating in a research report on Wednesday, January 31st. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, STMicroelectronics has a consensus rating of Moderate Buy and an average target price of $50.75.

STMicroelectronics Stock Down 0.4 %

STM opened at $41.17 on Friday. The company has a market cap of $37.17 billion, a PE ratio of 10.56, a price-to-earnings-growth ratio of 3.01 and a beta of 1.69. STMicroelectronics has a twelve month low of $37.21 and a twelve month high of $55.85. The company has a 50-day moving average price of $43.67 and a 200 day moving average price of $44.53. The company has a quick ratio of 2.58, a current ratio of 3.34 and a debt-to-equity ratio of 0.17.

STMicroelectronics (NYSE:STM) last announced its earnings results on Thursday, April 25th. The semiconductor producer reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.05). The firm had revenue of $3.47 billion for the quarter, compared to analyst estimates of $3.61 billion. STMicroelectronics had a net margin of 22.30% and a return on equity of 22.95%. STMicroelectronics’s revenue was down 18.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.10 EPS. Sell-side analysts expect that STMicroelectronics will post 2.74 earnings per share for the current fiscal year.

STMicroelectronics Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th will be issued a $0.09 dividend. This is a positive change from STMicroelectronics’s previous quarterly dividend of $0.06. This represents a $0.36 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend is Tuesday, June 25th. STMicroelectronics’s payout ratio is 5.13%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. SFE Investment Counsel lifted its holdings in shares of STMicroelectronics by 2.8% in the 4th quarter. SFE Investment Counsel now owns 9,551 shares of the semiconductor producer’s stock worth $479,000 after acquiring an additional 258 shares during the last quarter. M&T Bank Corp boosted its position in shares of STMicroelectronics by 3.7% during the third quarter. M&T Bank Corp now owns 7,579 shares of the semiconductor producer’s stock worth $327,000 after buying an additional 270 shares during the period. Blue Trust Inc. grew its stake in shares of STMicroelectronics by 11.2% in the fourth quarter. Blue Trust Inc. now owns 2,701 shares of the semiconductor producer’s stock valued at $135,000 after buying an additional 272 shares in the last quarter. Schechter Investment Advisors LLC lifted its stake in STMicroelectronics by 3.0% during the 3rd quarter. Schechter Investment Advisors LLC now owns 10,335 shares of the semiconductor producer’s stock worth $446,000 after acquiring an additional 298 shares in the last quarter. Finally, Gallacher Capital Management LLC boosted its holdings in STMicroelectronics by 3.8% during the 4th quarter. Gallacher Capital Management LLC now owns 8,905 shares of the semiconductor producer’s stock valued at $446,000 after acquiring an additional 327 shares during the period. Hedge funds and other institutional investors own 5.05% of the company’s stock.

STMicroelectronics Company 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.