288 Shares in ASML Holding (NASDAQ:ASML) Bought by ICA Group Wealth Management LLC – Defense World
Posted by Defense World Staff on Jun 17th, 2024 
ICA Group Wealth Management LLC acquired a new stake in shares of ASML Holding (NASDAQ:ASML – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 288 shares of the semiconductor company’s stock, valued at approximately $218,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Fisher Asset Management LLC grew its position in ASML by 2.2% in the fourth quarter. Fisher Asset Management LLC now owns 4,977,359 shares of the semiconductor company’s stock worth $3,767,464,000 after acquiring an additional 105,196 shares in the last quarter. Sands Capital Management LLC boosted its holdings in shares of ASML by 8.1% in the 4th quarter. Sands Capital Management LLC now owns 1,617,083 shares of the semiconductor company’s stock worth $1,224,002,000 after purchasing an additional 121,847 shares during the period. Clearbridge Investments LLC increased its position in shares of ASML by 2.7% during the 4th quarter. Clearbridge Investments LLC now owns 1,247,197 shares of the semiconductor company’s stock valued at $944,028,000 after purchasing an additional 32,623 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in ASML by 2.1% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,173,324 shares of the semiconductor company’s stock valued at $888,112,000 after buying an additional 24,368 shares during the period. Finally, Jennison Associates LLC lifted its position in ASML by 15.3% in the fourth quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock worth $867,549,000 after buying an additional 151,844 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.
ASML has been the topic of several recent analyst reports. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Evercore ISI began coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating on the stock. HSBC began coverage on ASML in a research note on Thursday, February 22nd. They set a “buy” rating on the stock. Wells Fargo & Company raised their price target on ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Finally, Sanford C. Bernstein dropped their price objective on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a report on Friday, April 12th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,036.00.
Read Our Latest Analysis on ASML
Shares of NASDAQ ASML opened at $1,039.38 on Monday. The stock has a 50 day moving average price of $947.08 and a 200 day moving average price of $885.52. The firm has a market capitalization of $410.13 billion, a price-to-earnings ratio of 52.50, a PEG ratio of 2.17 and a beta of 1.49. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,077.22. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54.
ASML (NASDAQ:ASML – Get Free Report) last issued its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.54. The business had revenue of $5.74 billion during the quarter, compared to analysts’ expectations of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Sell-side analysts expect that ASML Holding will post 20.12 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were given a dividend of $1.343 per share. This represents a $5.37 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date of this dividend was Friday, April 26th. ASML’s dividend payout ratio (DPR) is 32.53%.
(Free Report)
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.
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