Oppenheimer & Co. Inc. Boosts Position in ASML Holding (NASDAQ:ASML) – Defense World
Posted by Defense World Staff on Jun 9th, 2024 
Oppenheimer & Co. Inc. grew its holdings in shares of ASML Holding (NASDAQ:ASML – Free Report) by 9.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,508 shares of the semiconductor company’s stock after buying an additional 291 shares during the period. Oppenheimer & Co. Inc.’s holdings in ASML were worth $2,655,000 as of its most recent SEC filing.
Several other hedge funds have also recently made changes to their positions in ASML. Banque Cantonale Vaudoise purchased a new stake in ASML in the third quarter worth $69,000. D.A. Davidson & CO. grew its stake in ASML by 9.7% in the third quarter. D.A. Davidson & CO. now owns 3,422 shares of the semiconductor company’s stock worth $2,015,000 after purchasing an additional 304 shares during the period. Charles Schwab Investment Management Inc. grew its stake in ASML by 1.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,871 shares of the semiconductor company’s stock worth $18,761,000 after purchasing an additional 501 shares during the period. Blair William & Co. IL grew its stake in ASML by 2.7% in the third quarter. Blair William & Co. IL now owns 13,776 shares of the semiconductor company’s stock worth $8,110,000 after purchasing an additional 360 shares during the period. Finally, Commerzbank Aktiengesellschaft FI purchased a new stake in ASML in the third quarter worth $294,000. 26.07% of the stock is owned by hedge funds and other institutional investors.
Several equities research analysts recently weighed in on the company. Redburn Atlantic raised ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Evercore ISI initiated coverage on ASML in a report on Tuesday, April 16th. They issued an “outperform” rating on the stock. HSBC initiated coverage on ASML in a report on Thursday, February 22nd. They issued a “buy” rating on the stock. Wells Fargo & Company boosted their target price on ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Finally, Sanford C. Bernstein dropped their target price 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. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.
Get Our Latest Research Report on ASML
Shares of NASDAQ:ASML opened at $1,028.42 on Friday. The company has a market cap of $405.80 billion, a P/E ratio of 52.52, a PEG ratio of 2.61 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. ASML Holding has a 1 year low of $563.99 and a 1 year high of $1,056.34. The stock’s fifty day moving average price is $939.99 and its 200-day moving average price is $871.54.
ASML (NASDAQ:ASML – Get Free Report) last announced its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.54. The firm had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Sell-side analysts expect that ASML Holding will post 20.12 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were given a dividend of $1.343 per share. This represents a $5.37 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date was Friday, April 26th. ASML’s dividend payout ratio (DPR) is presently 32.48%.
(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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