Commerce Bank Decreases Stock Holdings in ASML Holding (NASDAQ:ASML) – Defense World
Posted by Defense World Staff on May 28th, 2024 
Commerce Bank trimmed its holdings in shares of ASML Holding (NASDAQ:ASML – Free Report) by 2.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,939 shares of the semiconductor company’s stock after selling 95 shares during the quarter. Commerce Bank’s holdings in ASML were worth $2,982,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Toth Financial Advisory Corp increased its position in shares of ASML by 11.5% during the fourth 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 last quarter. Slow Capital Inc. increased its position 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 buying an additional 13 shares during the last quarter. Alera Investment Advisors LLC increased its position 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 buying an additional 14 shares during the last quarter. Marcum Wealth LLC increased its position 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 buying an additional 15 shares during the last quarter. Finally, Allred Capital Management LLC increased its position 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 buying an additional 15 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.
NASDAQ:ASML opened at $956.22 on Tuesday. The firm has a market capitalization of $377.31 billion, a price-to-earnings ratio of 48.84, a P/E/G ratio of 2.37 and a beta of 1.49. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,056.34. The stock has a fifty day moving average of $936.87 and a 200 day moving average of $853.03. 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 (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, beating 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 analyst estimates of $5.73 billion. On average, research analysts expect that ASML Holding will post 20.12 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were paid a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a yield of 0.56%. The ex-dividend date was Friday, April 26th. ASML’s dividend payout ratio (DPR) is currently 32.53%.
ASML has been the subject of a number of recent research reports. Redburn Atlantic raised ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Sanford C. Bernstein decreased their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. HSBC began coverage on ASML in a research report on Thursday, February 22nd. They issued a “buy” rating for the company. Wells Fargo & Company lifted their price target on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Finally, Evercore ISI began coverage on ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating for the company. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.
View Our Latest 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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