Sunbelt Securities Inc. Has $211000 Holdings in ASML Holding (NASDAQ:ASML) – Defense World
Posted by Defense World Staff on Jun 29th, 2024 
Sunbelt Securities Inc. trimmed its stake in shares of ASML Holding (NASDAQ:ASML – Free Report) by 16.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 217 shares of the semiconductor company’s stock after selling 42 shares during the period. Sunbelt Securities Inc.’s holdings in ASML were worth $211,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of ASML. International Assets Investment Management LLC boosted its stake in shares of ASML by 48,040.7% in the 4th quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock valued at $186,202,000 after purchasing an additional 245,488 shares during the last quarter. Wellington Management Group LLP boosted its stake in ASML by 35.6% in the fourth quarter. Wellington Management Group LLP now owns 776,768 shares of the semiconductor company’s stock valued at $587,951,000 after acquiring an additional 203,860 shares during the last quarter. Kodai Capital Management LP acquired a new stake in ASML during the 4th quarter worth $150,318,000. Jennison Associates LLC raised its position in shares of ASML by 15.3% during the 4th quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock valued at $867,549,000 after acquiring an additional 151,844 shares during the last quarter. Finally, Sands Capital Management LLC lifted its stake in shares of ASML by 8.1% in the 4th quarter. Sands Capital Management LLC now owns 1,617,083 shares of the semiconductor company’s stock valued at $1,224,002,000 after purchasing an additional 121,847 shares during the period. 26.07% of the stock is owned by institutional investors.
ASML has been the subject of a number of analyst reports. Wells Fargo & Company lifted their price objective on 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 lowered their price target on 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. Finally, Evercore ISI began coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Three research 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 company’s stock. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average target price of $1,043.00.
Check Out Our Latest Report on ASML
Shares of ASML opened at $1,022.73 on Friday. 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 firm has a market capitalization of $403.56 billion, a PE ratio of 52.23, a P/E/G ratio of 2.15 and a beta of 1.49. The stock has a 50 day simple moving average of $964.40 and a 200 day simple moving average of $906.53. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,077.22.
ASML (NASDAQ:ASML – Get Free Report) last issued its quarterly earnings data 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 the consensus estimate 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 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were issued a $1.343 dividend. The ex-dividend date 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%.
(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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