ASML Holding (NASDAQ:ASML) Stock Holdings Increased by Sunpointe LLC

Sunpointe LLC increased its stake in shares of ASML Holding (NASDAQ:ASML) by 1.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,114 shares of the semiconductor company’s stock after buying an additional 14 shares during the quarter. Sunpointe LLC’s holdings in ASML were worth $772,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in ASML. Fairway Wealth LLC purchased a new stake in shares of ASML during the 3rd quarter worth about $25,000. Kennebec Savings Bank increased its holdings in ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after buying an additional 25 shares during the last quarter. Milestone Investment Advisors LLC bought a new position in ASML during the third quarter valued at approximately $28,000. Fortitude Family Office LLC lifted its stake in ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 15 shares during the last quarter. Finally, Albion Financial Group UT increased its stake in shares of ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 32 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

ASML opened at $744.80 on Thursday. The stock has a market cap of $293.02 billion, a PE ratio of 35.81, a P/E/G ratio of 1.65 and a beta of 1.47. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The stock’s 50 day simple moving average is $731.65 and its 200-day simple moving average is $760.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. Sell-side analysts forecast that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s payout ratio is presently 25.67%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on ASML shares. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. BNP Paribas began coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target for the company. JPMorgan Chase & Co. cut their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Sanford C. Bernstein decreased their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Finally, Wells Fargo & Company lifted their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $937.00.

About ASML

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.