Strengthening Families & Communities LLC reduced its position in ASML Holding (NASDAQ:ASML – Free Report) by 7.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 200 shares of the semiconductor company’s stock after selling 16 shares during the quarter. Strengthening Families & Communities LLC’s holdings in ASML were worth $138,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the business. Armstrong Advisory Group Inc. increased its holdings in shares of ASML by 24.5% in the third quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 12 shares during the period. Steigerwald Gordon & Koch Inc. lifted its stake in shares of ASML by 4.8% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after acquiring an additional 14 shares during the period. Cyndeo Wealth Partners LLC increased its stake in shares of ASML by 0.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after acquiring an additional 14 shares during the period. Trust Point Inc. lifted its position in ASML by 2.4% in the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock valued at $420,000 after purchasing an additional 14 shares during the period. Finally, Fortitude Family Office LLC lifted its holdings in shares of ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 15 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.
ASML Stock Up 2.3 %
ASML opened at $744.08 on Tuesday. The firm has a market cap of $292.74 billion, a P/E ratio of 35.77, a PEG ratio of 1.63 and a beta of 1.47. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The business’s fifty day simple moving average is $725.13 and its 200 day simple moving average is $766.07. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09.
ASML Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th will be given a $1.5855 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s payout ratio is currently 26.83%.
Wall Street Analyst Weigh In
ASML has been the subject of several recent analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. Sanford C. Bernstein decreased their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Finally, Wells Fargo & Company raised their price target on 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 given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $937.00.
Read Our Latest Analysis on ASML
ASML 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.
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