JARISLOWSKY FRASER Ltd Has $40.64 Million Position in ASML Holding (NASDAQ:ASML)

JARISLOWSKY FRASER Ltd raised its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 104.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 58,643 shares of the semiconductor company's stock after purchasing an additional 29,912 shares during the quarter. JARISLOWSKY FRASER Ltd's holdings in ASML were worth $40,644,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of ASML. Kennebec Savings Bank raised its position in ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 25 shares during the period. Wellington Shields & Co. LLC increased its position in shares of ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in ASML in the fourth quarter valued at $31,000. Albion Financial Group UT lifted its holdings in ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock worth $39,000 after buying an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC acquired a new stake in ASML during the 4th quarter worth $39,000. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Price Performance

Shares of NASDAQ ASML traded up $5.29 during trading on Tuesday, hitting $755.49. The company had a trading volume of 383,623 shares, compared to its average volume of 1,646,524. The business's 50-day moving average is $679.40 and its 200 day moving average is $701.99. The company has a market cap of $297.23 billion, a P/E ratio of 36.37, a PEG ratio of 1.62 and a beta of 1.75. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

ASML (NASDAQ:ASML - Get Free Report) last issued 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. ASML had a return on equity of 47.73% and a net margin of 26.78%. The firm had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. Equities research analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on ASML. Wells Fargo & Company dropped their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research 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, Susquehanna decreased their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a 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 stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $906.00.

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.