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Principal Financial Group Inc. Purchases 26,050 Shares of ASML Holding N.V. $ASML
Principal Financial Group Inc. significantly increased its stake in ASML Holding N.V. by 167.2% in the fourth quarter, acquiring 26,050 additional shares and bringing its total to 41,633 shares worth $44.5 million. This move highlights broad institutional interest in ASML, with other major investors also increasing their positions. Analysts remain largely positive on ASML, reiterating buy or overweight ratings, as the company benefits from strong AI-driven chip demand despite potential U.S. export restrictions to China.