Global Trust Asset Management LLC Has $148000 Stake in ASML Holding (NASDAQ:ASML) – Defense World
Posted by Defense World Staff on Jun 25th, 2024 
Global Trust Asset Management LLC reduced its holdings in shares of ASML Holding (NASDAQ:ASML – Free Report) by 76.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 153 shares of the semiconductor company’s stock after selling 500 shares during the quarter. Global Trust Asset Management LLC’s holdings in ASML were worth $148,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in ASML. Fisher Asset Management LLC lifted its position in shares of ASML by 2.2% during the fourth quarter. Fisher Asset Management LLC now owns 4,977,359 shares of the semiconductor company’s stock valued at $3,767,464,000 after purchasing an additional 105,196 shares in the last quarter. Sands Capital Management LLC lifted its position in shares of ASML by 8.1% during 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 buying an additional 121,847 shares in the last quarter. Clearbridge Investments LLC grew its holdings in shares of ASML by 2.7% in the fourth quarter. Clearbridge Investments LLC now owns 1,247,197 shares of the semiconductor company’s stock valued at $944,028,000 after acquiring an additional 32,623 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in ASML by 2.1% in 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 acquiring an additional 24,368 shares during the period. Finally, Jennison Associates LLC lifted its holdings in ASML by 15.3% during the fourth quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock valued at $867,549,000 after purchasing an additional 151,844 shares during the last quarter. 26.07% of the stock is owned by institutional investors.
Shares of ASML stock opened at $1,002.01 on Tuesday. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. The firm has a market cap of $395.38 billion, a P/E ratio of 51.18, a price-to-earnings-growth ratio of 2.22 and a beta of 1.49. The business has a 50-day moving average price of $955.25 and a two-hundred day moving average price of $900.40. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,077.22.
ASML (NASDAQ:ASML – Get Free Report) last released its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, topping 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 company had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.73 billion. Equities analysts anticipate that ASML Holding will post 20.12 EPS for the current fiscal year.
The firm 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 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend was Friday, April 26th. ASML’s dividend payout ratio is currently 32.53%.
Several analysts have recently issued reports on the stock. Wells Fargo & Company boosted their price target on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research report on Monday, June 17th. Sanford C. Bernstein lowered their target price on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Finally, Evercore ISI started coverage on ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating for the company. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,043.00.
View Our Latest Stock Analysis on ASML
(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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