Louisbourg Investments Inc. Makes New $624,000 Investment in ASML Holding (NASDAQ:ASML)

Louisbourg Investments Inc. purchased a new position in shares of ASML Holding (NASDAQ:ASML) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 900 shares of the semiconductor company’s stock, valued at approximately $624,000.

A number of other institutional investors have also recently bought and sold shares of the business. Channing Global Advisors LLC boosted its stake in ASML by 1.8% during the fourth quarter. Channing Global Advisors LLC now owns 1,288 shares of the semiconductor company’s stock worth $893,000 after buying an additional 23 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of ASML by 22.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 7,102 shares of the semiconductor company’s stock valued at $4,974,000 after acquiring an additional 1,279 shares during the period. Avidian Wealth Enterprises LLC lifted its holdings in shares of ASML by 219.8% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 793 shares of the semiconductor company’s stock valued at $549,000 after acquiring an additional 545 shares during the period. Great Lakes Retirement Inc. lifted its holdings in shares of ASML by 8.9% during the fourth quarter. Great Lakes Retirement Inc. now owns 1,589 shares of the semiconductor company’s stock valued at $1,101,000 after acquiring an additional 130 shares during the period. Finally, Valley Brook Capital Group Inc. lifted its holdings in shares of ASML by 4.1% during the fourth quarter. Valley Brook Capital Group Inc. now owns 477 shares of the semiconductor company’s stock valued at $331,000 after acquiring an additional 19 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

ASML stock opened at $752.98 on Wednesday. The firm has a market capitalization of $296.24 billion, a P/E ratio of 36.20, a PEG ratio of 1.63 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 business has a 50-day moving average of $726.48 and a 200-day moving average of $764.28. 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 posted its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, equities analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Investors 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 a positive change from ASML’s previous dividend of $1.08. ASML’s payout ratio is currently 25.91%.

Wall Street Analyst Weigh In

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