Financial & Tax Architects LLC Increases Investment in ASML Holding (NASDAQ:ASML)

Financial & Tax Architects LLC significantly expanded its investment in ASML Holding (NASDAQ:ASML) during the fourth quarter, raising its stake by 48.2% according to its latest filing with the Securities and Exchange Commission. The firm now holds 2,114 shares in the semiconductor company, having acquired an additional 688 shares during this period. The total value of Financial & Tax Architects LLC's holdings in ASML is approximately $1,465,000 as of the most recent reporting date.

Institutional Investors Activity

Other institutional investors and hedge funds have also altered their stakes in ASML recently. For instance, Central Pacific Bank Trust Division entered a new position in ASML, valued at $1,174,000, during the fourth quarter. Additionally, Taurus Asset Management LLC made a considerable new investment in ASML during the third quarter, amounting to around $16,994,000. State Street Corp raised its holdings in ASML by 5.2% in the third quarter, acquiring an extra 7,010 shares, increasing its total ownership to 140,802 shares worth $117,323,000. Similarly, Stockman Wealth Management Inc. enhanced its ASML position by 7.2% in the third quarter, now owning 15,361 shares valued at $12,800,000 after purchasing 1,032 additional shares. US Bancorp DE has also increased its holdings by 7.5% during the third quarter, owning 47,601 shares worth approximately $39,664,000 after acquiring 3,321 additional shares. Overall, hedge funds and institutional investors collectively control about 26.07% of ASML's stock.

Stock Performance Overview

On a recent trading day, ASML shares increased by $6.05, reaching a price of $756.33. The trading volume was significant, with 1,932,491 shares exchanged, exceeding the average volume of 1,230,726. ASML maintains a 50-day moving average of $704.98 and a 200-day moving average of $800.97. The company holds a quick ratio of 0.84 and a current ratio of 1.55, with a debt-to-equity ratio of 0.29. As for market metrics, ASML boasts a market capitalization of $297.56 billion with a price-to-earnings (PE) ratio of 39.60 and a price/earnings to growth (PEG) ratio of 2.30. During the past year, ASML’s stock has seen a low of $645.45 and a high of $1,110.09.

Financial Performance and Analysts Ratings

ASML Holding published its quarterly earnings on October 15th, reporting earnings per share (EPS) of $5.80, which exceeded the consensus estimate of $5.24 by $0.56. The company recorded revenues of $8.21 billion, surpassing the expected $7.66 billion. In addition, ASML reported a return on equity of 47.61% with a net margin of 26.40%. Analysts forecast that ASML will achieve earnings of $20.57 per share for the current fiscal year.

Analysts Update on Price Targets

Company Overview

ASML Holding N.V. specializes in the development, production, marketing, sales, and servicing of advanced semiconductor equipment systems focused on chipmakers. The company's product offerings include state-of-the-art semiconductor equipment systems such as lithography, metrology, and inspection systems. ASML is renowned for providing extreme ultraviolet (EUV) lithography systems, alongside deep ultraviolet (DUV) lithography systems, which encompass both immersion and dry lithography solutions for the production of a wide range of semiconductor nodes and technologies.

investment, semiconductor, stocks