SageView Advisory Group LLC Has $1.92 Million Position in ASML Holding (NASDAQ:ASML) – Defense World
Posted by Defense World Staff on Jun 18th, 2024 
SageView Advisory Group LLC increased its position in shares of ASML Holding (NASDAQ:ASML – Free Report) by 40.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,538 shares of the semiconductor company’s stock after acquiring an additional 731 shares during the quarter. SageView Advisory Group LLC’s holdings in ASML were worth $1,921,000 at the end of the most recent quarter.
Several other large investors have also made changes to their positions in ASML. Beaird Harris Wealth Management LLC acquired a new position in shares of ASML during the fourth quarter valued at $34,000. Creative Financial Designs Inc. ADV lifted its stake in shares of ASML by 48.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 15 shares during the period. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of ASML during the fourth quarter valued at $44,000. Bruce G. Allen Investments LLC acquired a new position in shares of ASML during the fourth quarter valued at $49,000. Finally, Orion Capital Management LLC acquired a new position in shares of ASML during the third quarter valued at $58,000. Institutional investors and hedge funds own 26.07% of the company’s stock.
A number of equities analysts have issued reports on the company. HSBC assumed coverage on ASML in a report on Thursday, February 22nd. They set a “buy” rating on the stock. Sanford C. Bernstein reduced their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Wells Fargo & Company raised their target price on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a report on Monday. Finally, Evercore ISI began coverage on ASML in a report on Tuesday, April 16th. They set an “outperform” rating on the stock. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,043.00.
View Our Latest Stock Analysis on ASML
NASDAQ ASML opened at $1,052.47 on Tuesday. The stock’s 50-day moving average is $948.47 and its 200-day moving average is $888.12. ASML Holding has a one year low of $563.99 and a one year high of $1,077.22. The firm has a market cap of $415.29 billion, a P/E ratio of 53.75, a P/E/G ratio of 2.17 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88.
ASML (NASDAQ:ASML – Get Free Report) last announced its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.54. ASML had a return on equity of 56.99% and a net margin of 27.23%. The business had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.73 billion. Sell-side analysts anticipate that ASML Holding will post 20.12 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were given a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date was Friday, April 26th. ASML’s dividend payout ratio is presently 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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