ASML Holding (NASDAQ:ASML) Holdings Boosted by GM Advisory Group LLC

GM Advisory Group LLC boosted its position in shares of ASML Holding (NASDAQ:ASML) by 197.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,647 shares of the semiconductor company’s stock after purchasing an additional 3,746 shares during the period. GM Advisory Group LLC’s holdings in ASML were worth $3,914,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ASML. Principal Financial Group Inc. grew its holdings in shares of ASML by 104.4% during the 3rd quarter. Principal Financial Group Inc. now owns 7,009 shares of the semiconductor company’s stock valued at $5,840,000 after acquiring an additional 3,580 shares in the last quarter. Thrivent Financial for Lutherans grew its holdings in shares of ASML by 34.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 3,108 shares of the semiconductor company’s stock valued at $2,589,000 after acquiring an additional 802 shares in the last quarter. Baron Wealth Management LLC grew its holdings in shares of ASML by 7.8% during the 3rd quarter. Baron Wealth Management LLC now owns 275 shares of the semiconductor company’s stock valued at $229,000 after acquiring an additional 20 shares in the last quarter. Pathstone Holdings LLC grew its holdings in shares of ASML by 4.7% during the 3rd quarter. Pathstone Holdings LLC now owns 28,785 shares of the semiconductor company’s stock valued at $23,985,000 after acquiring an additional 1,284 shares in the last quarter. Finally, West Family Investments Inc. grew its holdings in shares of ASML by 16.0% during the 3rd quarter. West Family Investments Inc. now owns 1,305 shares of the semiconductor company’s stock valued at $1,087,000 after acquiring an additional 180 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Up 0.1 %

ASML stock opened at $731.11 on Wednesday. The firm has a market cap of $287.63 billion, a price-to-earnings ratio of 35.15, a P/E/G ratio of 1.62 and a beta of 1.54. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The firm has a fifty day moving average price of $731.72 and a two-hundred day moving average price of $736.46.

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

ASML Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 19th. Stockholders 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 was Tuesday, February 11th. ASML’s payout ratio is presently 31.35%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ASML shares. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company boosted their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. BNP Paribas initiated coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Sanford C. Bernstein reduced their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Finally, 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. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

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.