Hardman Johnston Global Advisors released its Q3 2025 investor letter, reporting a 5.02% return compared to 7.62% for the MSCI AC World Net Index. The top five holdings include STMicroelectronics N.V. (NYSE:STM), a semiconductor company with a 13.30% one-month return and $26.24 per share closing price on December 26, 2025.

In the investor letter, Hardman Johnston highlighted their position in STMicroelectronics N.V. (NYSE:STM), citing the company’s potential for growth due to cyclical tailwinds and medium-term opportunities in emerging markets. STMicro is well-positioned to benefit from the restocking cycle and structural manufacturing optimizations, which could lead to significant margin leverage.

STMicroelectronics N.V. (NYSE:STM) reported revenues of $3.19 billion in Q3 2025, slightly above guidance. While 19 hedge funds held STM at the end of Q3, down from 30 in the previous quarter, the company’s potential as an investment is acknowledged. Some AI stocks may offer greater upside potential with less downside risk compared to STMicroelectronics N.V. (NYSE:STM).

Read more at Yahoo Finance: Hardman Johnston Global Equity Added STMicroelectronics N.V. (STM) in Q3