Integrated Advisors Network LLC Boosts Stake in ASML Holding (NASDAQ:ASML) – Defense World
Posted by Defense World Staff on Jun 18th, 2024 
Integrated Advisors Network LLC raised its position in shares of ASML Holding (NASDAQ:ASML – Free Report) by 16.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 753 shares of the semiconductor company’s stock after purchasing an additional 108 shares during the period. Integrated Advisors Network LLC’s holdings in ASML were worth $570,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp increased its holdings 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 purchasing an additional 13 shares during the period. Slow Capital Inc. grew 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 period. Alera Investment Advisors LLC boosted its stake in ASML by 2.9% during the fourth quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock worth $372,000 after acquiring an additional 14 shares in the last quarter. Marcum Wealth LLC grew its holdings 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 purchasing an additional 15 shares during the period. Finally, Allred Capital Management LLC increased its stake in shares of ASML by 1.4% during the fourth quarter. Allred Capital Management LLC now owns 1,080 shares of the semiconductor company’s stock valued at $817,000 after purchasing an additional 15 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.
NASDAQ ASML opened at $1,052.47 on Tuesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. The business’s fifty day moving average is $948.47 and its 200 day moving average is $888.12. The company has a market capitalization of $415.29 billion, a PE ratio of 53.75, a price-to-earnings-growth ratio of 2.17 and a beta of 1.49. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week 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 (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%. Sell-side analysts predict that ASML Holding will post 20.12 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 given a $1.343 dividend. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a dividend yield of 0.51%. ASML’s payout ratio is 32.53%.
A number of research analysts recently weighed in on the company. Sanford C. Bernstein reduced their price objective 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. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Wells Fargo & Company upped their target price 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. HSBC started coverage on shares of ASML in a research report on Thursday, February 22nd. They set a “buy” rating for the company. Finally, Evercore ISI began coverage on ASML in a research note on Tuesday, April 16th. They set an “outperform” rating on the stock. Three 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 stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,043.00.
Check Out Our Latest Report 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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