Scarborough Advisors LLC Acquires Shares of 125 ASML Holding (NASDAQ:ASML) – Defense World
Posted by Defense World Staff on Jun 16th, 2024 
Scarborough Advisors LLC acquired a new stake in ASML Holding (NASDAQ:ASML – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 125 shares of the semiconductor company’s stock, valued at approximately $95,000.
A number of other hedge funds have also made changes to their positions in the stock. Toth Financial Advisory Corp boosted its holdings in ASML by 11.5% in the fourth quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after purchasing an additional 13 shares during the period. Slow Capital Inc. boosted its holdings in ASML by 0.3% in the fourth quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock worth $3,336,000 after purchasing an additional 13 shares during the period. Alera Investment Advisors LLC boosted its holdings in ASML by 2.9% in the fourth quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock worth $372,000 after purchasing an additional 14 shares during the period. Marcum Wealth LLC boosted its holdings in ASML by 3.2% in the fourth quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock worth $362,000 after purchasing an additional 15 shares during the period. Finally, Allred Capital Management LLC boosted its holdings in ASML by 1.4% in the fourth quarter. Allred Capital Management LLC now owns 1,080 shares of the semiconductor company’s stock worth $817,000 after purchasing an additional 15 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.
A number of equities research analysts have issued reports on the company. Evercore ISI assumed coverage on ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating on the stock. Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. HSBC assumed coverage on ASML in a research note on Thursday, February 22nd. They issued a “buy” rating on the stock. Sanford C. Bernstein cut their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research note on Friday, April 12th. Finally, Wells Fargo & Company lifted their price objective on shares of ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.
View Our Latest Research Report on ASML
Shares of NASDAQ ASML opened at $1,027.90 on Friday. The firm’s 50-day simple moving average is $947.08 and its 200 day simple moving average is $884.14. The stock has a market cap of $405.60 billion, a P/E ratio of 52.50, a P/E/G ratio of 2.23 and a beta of 1.49. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,077.22. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33.
ASML (NASDAQ:ASML – Get Free Report) last released its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.54. The firm had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Equities analysts expect that ASML Holding will post 20.12 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were issued 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 was Friday, April 26th. ASML’s payout ratio is currently 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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