AAFMAA Wealth Management & Trust LLC Has $959,000 Stock Position in ASML Holding (NASDAQ:ASML)

AAFMAA Wealth Management & Trust LLC grew its holdings in ASML Holding (NASDAQ:ASML) by 30.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,383 shares of the semiconductor company’s stock after purchasing an additional 323 shares during the period. AAFMAA Wealth Management & Trust LLC’s holdings in ASML were worth $959,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fairway Wealth LLC acquired a new position in ASML during the third quarter worth $25,000. Resources Management Corp CT ADV bought a new stake in shares of ASML in the 2nd quarter valued at about $26,000. Milestone Investment Advisors LLC acquired a new stake in ASML in the 3rd quarter valued at about $28,000. Fortitude Family Office LLC grew its holdings in ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares during the period. Finally, Brooklyn Investment Group acquired a new position in ASML during the third quarter worth approximately $43,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

Shares of ASML stock opened at $727.41 on Tuesday. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The business has a fifty day simple moving average of $701.02 and a 200 day simple moving average of $803.87. The company has a market cap of $286.18 billion, a P/E ratio of 38.08, a P/E/G ratio of 2.07 and a beta of 1.47.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.24 by $0.56. The company had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, sell-side analysts forecast that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were issued a $1.407 dividend. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a yield of 0.77%. ASML’s payout ratio is presently 29.21%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on ASML shares. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. BNP Paribas started coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Sanford C. Bernstein dropped their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Susquehanna decreased their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Finally, Wells Fargo & Company lifted their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $955.50.

About ASML

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.