Stocks

Thurston Springer Miller Herd & Titak Inc. Increases Stake in ASML Holding

Published January 16, 2025

Thurston Springer Miller Herd & Titak Inc. has increased its investment in ASML Holding (NASDAQ:ASML) by 43.8% during the fourth quarter, based on the firm's latest 13F filing with the SEC. Following the acquisition of an additional 367 shares during the quarter, the firm now holds a total of 1,205 shares in the semiconductor company. As per the most recent SEC filing, these shares are valued at approximately $835,000.

Institutional Investor Interest

A number of other institutional investors have also adjusted their positions in ASML. For instance, Park Avenue Securities LLC boosted its holdings by 7.9% in the fourth quarter, now owning 10,734 shares valued at $7,439,000 after buying an additional 788 shares. Pines Wealth Management LLC established a new position in ASML, valued at about $228,000. SeaCrest Wealth Management LLC increased its stake by 39.0%, bringing its total to 3,233 shares valued at $2,241,000 after adding 907 shares. Capstone Wealth Management Group LLC amplified its investments by 30.2%, owning 2,387 shares worth $1,654,000 after acquiring 553 shares. Moreover, Quad Cities Investment Group LLC raised its stake by 39.2%, owning 731 shares valued at $507,000 after purchasing 206 additional shares. Overall, hedge funds and other institutional investors currently hold 26.07% of ASML's stock.

ASML Stock Overview

On Thursday, NASDAQ:ASML opened at $726.30. The stock has fluctuated between a one-year low of $645.45 and a one-year high of $1,110.09. The company maintains a debt-to-equity ratio of 0.29, a current ratio of 1.55, and a quick ratio of 0.84. ASML's 50-day moving average is $702.22, while its 200-day moving average is $801.85. The company's market capitalization is $285.74 billion, with a price-to-earnings ratio of 38.03 and a PEG ratio of 2.07, along with a beta of 1.47.

Recent Earnings Report

ASML recently reported its quarterly earnings, showing earnings per share (EPS) of $5.80 for the quarter that ended on October 15th. This figure surpassed analysts' predictions of $5.24 by $0.56. The company recorded a net margin of 26.40% and a remarkable return on equity of 47.61%. During the quarter, ASML generated revenue of $8.21 billion, exceeding analysts' expectations of $7.66 billion. Analysts forecast an average EPS of 20.68 for ASML Holding in the current fiscal year.

Analyst Ratings and Forecasts

About ASML Holding N.V.

ASML Holding N.V. is known for developing, producing, marketing, selling, and servicing advanced semiconductor equipment systems tailored for chipmakers. The company's portfolio includes sophisticated semiconductor systems, such as lithography, metrology, and inspection systems. ASML is particularly recognized for its extreme ultraviolet lithography systems as well as deep ultraviolet lithography solutions, which span various semiconductor technologies.

investment, stocks, semiconductors