American International Group Inc. Grows Position in ASML Holding (NASDAQ:ASML) – Defense World
Posted by Defense World Staff on Jun 23rd, 2024 
American International Group Inc. boosted its stake in shares of ASML Holding (NASDAQ:ASML – Free Report) by 3.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,100 shares of the semiconductor company’s stock after purchasing an additional 192 shares during the period. American International Group Inc.’s holdings in ASML were worth $4,617,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the stock. Toth Financial Advisory Corp lifted its stake in ASML by 11.5% during the 4th quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock valued at $95,000 after acquiring an additional 13 shares during the period. Slow Capital Inc. lifted its stake in ASML by 0.3% during the 4th quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock valued at $3,336,000 after acquiring an additional 13 shares during the period. Alera Investment Advisors LLC lifted its stake in ASML by 2.9% during the 4th quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock valued at $372,000 after acquiring an additional 14 shares during the period. Marcum Wealth LLC lifted its stake in ASML by 3.2% during the 4th quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock valued at $362,000 after acquiring an additional 15 shares during the period. Finally, Allred Capital Management LLC lifted its stake in ASML by 1.4% during the 4th quarter. Allred Capital Management LLC now owns 1,080 shares of the semiconductor company’s stock valued at $817,000 after acquiring an additional 15 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.
Several analysts have commented on ASML shares. Sanford C. Bernstein decreased their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research note on Friday, April 12th. Wells Fargo & Company boosted their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Finally, Evercore ISI initiated coverage on shares of ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating for the company. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,043.00.
View Our Latest Report on ASML
Shares of NASDAQ ASML opened at $1,036.60 on Friday. The firm has a market cap of $409.03 billion, a PE ratio of 52.94, a PEG ratio of 2.22 and a beta of 1.49. The firm has a fifty day moving average of $954.31 and a 200 day moving average of $896.83. 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 Holding has a one year low of $563.99 and a one year high of $1,077.22.
ASML (NASDAQ:ASML – Get Free Report) last issued its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, topping the consensus estimate of $2.84 by $0.54. The company had revenue of $5.74 billion during the quarter, compared to analyst estimates of $5.73 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. As a group, research analysts predict 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. Stockholders 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 dividend yield of 0.52%. The ex-dividend date of this dividend was Friday, April 26th. ASML’s payout ratio 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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