ASML Holding N.V. (NASDAQ:ASML) Shares Acquired by SeaBridge Investment Advisors LLC

SeaBridge Investment Advisors LLC increased its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 9.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,534 shares of the semiconductor company's stock after buying an additional 378 shares during the quarter. SeaBridge Investment Advisors LLC's holdings in ASML were worth $3,004,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in ASML. Sfmg LLC lifted its holdings in shares of ASML by 3.0% in the 4th quarter. Sfmg LLC now owns 511 shares of the semiconductor company's stock valued at $354,000 after buying an additional 15 shares during the period. Norinchukin Bank The lifted its holdings in shares of ASML by 1.8% in the 4th quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock valued at $594,000 after buying an additional 15 shares during the period. Coppell Advisory Solutions LLC lifted its holdings in shares of ASML by 18.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock valued at $67,000 after buying an additional 15 shares during the period. Sage Mountain Advisors LLC lifted its holdings in shares of ASML by 2.6% in the 1st quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company's stock valued at $399,000 after buying an additional 15 shares during the period. Finally, Nilsine Partners LLC lifted its holdings in shares of ASML by 2.6% in the 1st quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock valued at $418,000 after buying an additional 16 shares during the period. Hedge funds and other institutional investors own 26.07% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on ASML shares. Wells Fargo & Company raised their price target on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Sanford C. Bernstein initiated coverage on ASML in a report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price target for the company. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Citigroup reaffirmed a "buy" rating on shares of ASML in a research note on Monday, May 19th. Finally, Susquehanna dropped their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $923.80.

ASML Price Performance

ASML stock traded down $7.88 during mid-day trading on Friday, hitting $737.03. 1,236,671 shares of the company were exchanged, compared to its average volume of 1,751,264. The company has a market capitalization of $289.96 billion, a P/E ratio of 30.81, a PEG ratio of 1.58 and a beta of 1.73. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $957.21. The business's 50 day simple moving average is $769.05 and its two-hundred day simple moving average is $727.48.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). ASML had a net margin of 26.95% and a return on equity of 50.31%. The business had revenue of $8.94 billion during the quarter, compared to analysts' expectations of $8.72 billion. During the same period in the prior year, the firm earned $4.01 EPS. ASML's revenue for the quarter was up 23.2% on a year-over-year basis. Analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th will be issued a $1.856 dividend. The ex-dividend date of this dividend is Tuesday, July 29th. This represents a $7.42 dividend on an annualized basis and a yield of 1.01%. This is a boost from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio (DPR) is presently 29.96%.

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.