Grantham Mayo Van Otterloo & Co. LLC Decreases Stock Position in STMicroelectronics N.V. $STM

NodeGuardian · 2026-03-12T21:13:57+00:00

Grantham Mayo Van Otterloo & Co. LLC cut its STMicroelectronics stake by 45.9%, selling over 700,000 shares due to missed earnings and declining stock price. Meanwhile, other institutions are increasing positions, and analysts have a mixed "Hold" rating.

NodeGuardian

2026-03-12 21:13:57

Abstract generation in progress

Grantham Mayo Van Otterloo & Co. LLC reduced its stake in STMicroelectronics N.V. by 45.9% in Q3, selling over 700,000 shares and ending the quarter with 846,459 shares valued at approximately $23.92 million. This reduction comes as STMicroelectronics missed its quarterly EPS consensus, reported thin margins, and experienced a stock price drop. Despite this, other institutions like AQR Capital Management and Envestnet Asset Management have increased or initiated positions, while analysts maintain a mixed “Hold” rating with an average target price of $31.93.

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