Rep. Marjorie Taylor Greene Purchases Shares of ASML Holding (NASDAQ:ASML)

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of ASML Holding (NASDAQ:ASML). In a filing disclosed on November 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in ASML stock on November 25th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of GSK (NYSE:GSK) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of Nestlé (OTCMKTS:NSRGY) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 11/25/2024.

ASML Price Performance

ASML stock opened at $670.48 on Friday. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The stock has a market cap of $263.78 billion, a P/E ratio of 35.10, a PEG ratio of 1.95 and a beta of 1.51. The company has a 50-day moving average price of $734.37 and a 200 day moving average price of $867.34. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The firm had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.66 billion. Sell-side analysts anticipate that ASML Holding will post 20.68 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were paid a $1.407 dividend. This represents a $5.63 annualized dividend and a dividend yield of 0.84%. The ex-dividend date was Tuesday, October 29th. ASML’s dividend payout ratio is currently 29.21%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on ASML shares. Susquehanna cut their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Morgan Stanley cut shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Finally, Wells Fargo & Company dropped their price target on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $961.00.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Peapack Gladstone Financial Corp grew its holdings in shares of ASML by 89.9% in the third quarter. Peapack Gladstone Financial Corp now owns 7,551 shares of the semiconductor company’s stock valued at $6,291,000 after purchasing an additional 3,575 shares in the last quarter. Synovus Financial Corp grew its holdings in shares of ASML by 4.9% in the third quarter. Synovus Financial Corp now owns 475 shares of the semiconductor company’s stock valued at $396,000 after purchasing an additional 22 shares in the last quarter. Destination Wealth Management grew its holdings in shares of ASML by 0.5% in the third quarter. Destination Wealth Management now owns 27,599 shares of the semiconductor company’s stock valued at $22,996,000 after purchasing an additional 137 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of ASML in the third quarter valued at approximately $1,438,000. Finally, Stock Yards Bank & Trust Co. grew its holdings in shares of ASML by 9.7% in the third quarter. Stock Yards Bank & Trust Co. now owns 21,599 shares of the semiconductor company’s stock valued at $17,997,000 after purchasing an additional 1,914 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2025. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2024 election. Marjorie Taylor Greene earned a bachelor’s degree in business administration from the University of Georgia. Greene’s career experience includes co-owning construction company Taylor Commercial and founding and owning a CrossFit gym.

ASML Company 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.