Fayez Sarofim & Co increased its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 7.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 692,152 shares of the semiconductor company's stock after buying an additional 46,397 shares during the period. ASML comprises 1.2% of Fayez Sarofim & Co's portfolio, making the stock its 29th largest holding. Fayez Sarofim & Co owned 0.18% of ASML worth $479,717,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in ASML. Edgewood Management LLC increased its holdings 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 acquiring an additional 959,696 shares in the last quarter. Amundi grew its position in shares of ASML by 4,880.5% in the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company's stock valued at $247,019,000 after purchasing an additional 328,552 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of ASML by 53.4% during the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock worth $559,494,000 after purchasing an additional 281,156 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of ASML during the 4th quarter worth approximately $175,257,000. Finally, Fisher Funds Management LTD purchased a new stake in ASML in the 4th quarter valued at approximately $137,386,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on ASML shares. Susquehanna dropped their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Wells Fargo & Company cut their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. JPMorgan Chase & Co. decreased their price target on shares of 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. Finally, DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $906.00.
Get Our Latest Analysis on ASML
ASML Trading Up 0.4 %
Shares of ASML stock traded up $2.78 during trading hours on Friday, hitting $677.78. 896,752 shares of the company were exchanged, compared to its average volume of 1,634,707. ASML Holding has a 1 year low of $578.51 and a 1 year high of $1,110.09. The firm has a fifty day moving average of $688.72 and a 200 day moving average of $708.52. The firm has a market cap of $266.65 billion, a PE ratio of 32.60, a PEG ratio of 1.62 and a beta of 1.67. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.
ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. The company had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. Analysts expect that ASML Holding will post 25.17 earnings per share for the current year.
ASML Increases Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be issued a $1.5855 dividend. This is an increase from ASML's previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML's dividend payout ratio (DPR) is 27.48%.
About ASML
(
Free Report)
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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