ASML Holding (NASDAQ:ASML) Shares Sold by D.B. Root & Company LLC – Defense World
Posted by Defense World Staff on Jul 1st, 2024 
D.B. Root & Company LLC cut its holdings in shares of ASML Holding (NASDAQ:ASML – Free Report) by 32.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 525 shares of the semiconductor company’s stock after selling 257 shares during the period. D.B. Root & Company LLC’s holdings in ASML were worth $509,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. First PREMIER Bank increased its position in shares of ASML by 4.2% in the 1st quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock worth $265,000 after purchasing an additional 11 shares during the last quarter. Investment Partners LTD. raised its stake in ASML by 1.2% during the first quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock valued at $871,000 after buying an additional 11 shares in the last quarter. Toth Financial Advisory Corp lifted its stake in ASML by 11.5% during 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 last quarter. Slow Capital Inc. lifted its position in shares of ASML by 0.3% in the 4th quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock worth $3,336,000 after buying an additional 13 shares during the last quarter. Finally, Alera Investment Advisors LLC boosted its holdings in shares of ASML by 2.9% in the 4th quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock valued at $372,000 after buying an additional 14 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.
Shares of ASML stock opened at $1,022.73 on Monday. The business has a 50 day simple moving average of $964.40 and a 200 day simple moving average of $909.05. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The firm has a market capitalization of $403.56 billion, a price-to-earnings ratio of 52.23, a price-to-earnings-growth ratio of 2.16 and a beta of 1.49. 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 quarterly earnings results 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. 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 analysts’ expectations of $5.73 billion. On average, equities research analysts anticipate that ASML Holding will post 20.12 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were given a dividend of $1.343 per share. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.53%. ASML’s dividend payout ratio (DPR) is 32.53%.
Several equities research analysts recently weighed in on the stock. Wells Fargo & Company increased their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research note on Monday, June 17th. Sanford C. Bernstein cut their price target 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. Finally, Evercore ISI initiated coverage on ASML in a research report on Tuesday, April 16th. They set an “outperform” rating for the company. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,043.00.
Check Out Our Latest Report on ASML
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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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