ASML Holding (NASDAQ:ASML) Stock Holdings Trimmed by Corebridge Financial Inc.

Corebridge Financial Inc. decreased its holdings in ASML Holding (NASDAQ:ASML) by 6.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,768 shares of the semiconductor company’s stock after selling 395 shares during the quarter. Corebridge Financial Inc.’s holdings in ASML were worth $3,998,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Kennebec Savings Bank grew its position in ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares in the last quarter. Wellington Shields & Co. LLC boosted its holdings in shares of ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in shares of ASML during the fourth quarter valued at approximately $31,000. Albion Financial Group UT raised its holdings in ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 32 shares in the last quarter. Finally, Roxbury Financial LLC acquired a new stake in ASML in the fourth quarter worth approximately $39,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Down 2.3 %

ASML stock opened at $674.58 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The firm has a market capitalization of $265.39 billion, a P/E ratio of 32.43, a P/E/G ratio of 1.62 and a beta of 1.54. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The company’s 50 day simple moving average is $727.46 and its 200-day simple moving average is $731.53.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, equities research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be issued a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date is Monday, April 28th. ASML’s dividend payout ratio is currently 31.35%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. BNP Paribas began coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. reduced their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Finally, Wells Fargo & Company boosted their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Profile

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.