Alaethes Wealth LLC Increases Stock Position in ASML Holding (NASDAQ:ASML)

Alaethes Wealth LLC grew its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 39.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,748 shares of the semiconductor company's stock after buying an additional 1,064 shares during the period. ASML makes up 0.9% of Alaethes Wealth LLC's portfolio, making the stock its 29th largest holding. Alaethes Wealth LLC's holdings in ASML were worth $2,598,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Edgewood Management LLC increased its position in ASML by 43.1% during the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after buying an additional 959,696 shares in the last quarter. Amundi increased its holdings in shares of ASML by 4,880.5% during the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company's stock valued at $247,019,000 after acquiring an additional 328,552 shares in the last quarter. Wellington Management Group LLP raised its position in shares of ASML by 53.4% in the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock valued at $559,494,000 after purchasing an additional 281,156 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in ASML in the 4th quarter worth approximately $175,257,000. Finally, Fisher Funds Management LTD purchased a new stake in ASML during the 4th quarter worth approximately $137,386,000. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Up 3.5 %

ASML stock traded up $23.61 during trading on Friday, hitting $690.33. 1,214,696 shares of the company's stock were exchanged, compared to its average volume of 1,642,546. The business has a 50-day moving average price of $680.84 and a two-hundred day moving average price of $702.41. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $271.59 billion, a price-to-earnings ratio of 33.19, a PEG ratio of 1.62 and a beta of 1.67. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. The firm had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, equities research analysts expect that ASML Holding will post 25.17 EPS for the current year.

ASML Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be given a dividend of $1.6414 per share. The ex-dividend date is Monday, April 28th. This represents a $6.57 dividend on an annualized basis and a yield of 0.95%. ASML's payout ratio is currently 27.48%.

Analysts Set New Price Targets

ASML has been the topic of a number of research reports. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. JPMorgan Chase & Co. decreased 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. Susquehanna cut their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Finally, Wells Fargo & Company decreased their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $906.00.

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.