ASML Holding (NASDAQ:ASML) Stock Holdings Decreased by Panagora Asset Management Inc. – Defense World
Posted by Defense World Staff on May 20th, 2024 
Panagora Asset Management Inc. lessened its position in ASML Holding (NASDAQ:ASML – Free Report) by 9.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,897 shares of the semiconductor company’s stock after selling 398 shares during the quarter. Panagora Asset Management Inc.’s holdings in ASML were worth $2,950,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ASML. Addison Advisors LLC boosted its position in shares of ASML by 220.0% in the third quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock worth $28,000 after buying an additional 33 shares during the period. Creative Financial Designs Inc. ADV grew its stake in ASML by 48.4% during the 4th 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 in the last quarter. Catalyst Capital Advisors LLC increased its holdings in shares of ASML by 35.4% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 17 shares during the period. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of ASML in the fourth quarter worth approximately $44,000. Finally, NBC Securities Inc. acquired a new stake in shares of ASML during the third quarter worth approximately $47,000. Institutional investors and hedge funds own 26.07% of the company’s stock.
Several research analysts have weighed in on ASML shares. Cantor Fitzgerald began coverage on shares of ASML in a research note on Tuesday, January 23rd. They issued an “overweight” rating on the stock. Sanford C. Bernstein cut 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. HSBC began coverage on ASML in a research note on Thursday, February 22nd. They issued a “buy” rating on the stock. Evercore ISI assumed coverage on ASML in a research note on Tuesday, April 16th. They set an “outperform” rating for the company. Finally, Raymond James boosted their price target on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 25th. Four investment 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. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,036.00.
View Our Latest Analysis on ASML
Shares of ASML stock opened at $924.97 on Monday. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,056.34. 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 stock has a 50 day moving average price of $939.34 and a two-hundred day moving average price of $840.26. The stock has a market capitalization of $364.98 billion, a P/E ratio of 47.24, a PEG ratio of 2.31 and a beta of 1.49.
ASML (NASDAQ:ASML – Get Free Report) last posted its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) 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 the consensus estimate of $5.73 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. Equities analysts expect that ASML Holding will post 20.04 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were paid a $1.343 dividend. The ex-dividend date was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.58%. ASML’s 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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