Johnson Investment Counsel Inc. grew its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 10.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,572 shares of the semiconductor company's stock after acquiring an additional 4,886 shares during the period. Johnson Investment Counsel Inc.'s holdings in ASML were worth $39,793,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of ASML. Dana Investment Advisors Inc. lifted its stake in ASML by 5.9% in the fourth quarter. Dana Investment Advisors Inc. now owns 695 shares of the semiconductor company's stock worth $526,000 after acquiring an additional 39 shares during the period. Cary Street Partners Investment Advisory LLC boosted its stake in shares of ASML by 17.8% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,111 shares of the semiconductor company's stock valued at $841,000 after purchasing an additional 168 shares in the last quarter. Rossmore Private Capital boosted its stake in shares of ASML by 28.5% during the 4th quarter. Rossmore Private Capital now owns 979 shares of the semiconductor company's stock valued at $741,000 after purchasing an additional 217 shares in the last quarter. Great Diamond Partners LLC increased its position in shares of ASML by 15.0% during the fourth quarter. Great Diamond Partners LLC now owns 590 shares of the semiconductor company's stock valued at $447,000 after buying an additional 77 shares during the period. Finally, Reynders McVeigh Capital Management LLC raised its stake in ASML by 28.4% in the fourth quarter. Reynders McVeigh Capital Management LLC now owns 11,180 shares of the semiconductor company's stock worth $8,462,000 after buying an additional 2,475 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
ASML Stock Up 1.8 %
NASDAQ:ASML traded up $16.75 on Friday, reaching $930.29. 814,077 shares of the stock traded hands, compared to its average volume of 1,211,522. The company's fifty day simple moving average is $947.30 and its 200 day simple moving average is $827.00. The company has a market capitalization of $367.08 billion, a price-to-earnings ratio of 47.51, a PEG ratio of 2.32 and a beta of 1.49. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,056.34. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33.
ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.54. ASML had a net margin of 27.23% and a return on equity of 56.99%. The company had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.73 billion. Equities analysts predict that ASML Holding will post 20.04 EPS for the current fiscal year.
ASML Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were paid a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a yield of 0.58%. The ex-dividend date was Friday, April 26th. ASML's dividend payout ratio is currently 32.53%.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on ASML. Redburn Atlantic upgraded ASML from a "sell" rating to a "neutral" rating in a report on Tuesday, February 20th. HSBC initiated coverage on ASML in a report on Thursday, February 22nd. They issued a "buy" rating for the company. Evercore ISI assumed coverage on shares of ASML in a report on Tuesday, April 16th. They set an "outperform" rating on the stock. Cantor Fitzgerald began coverage on shares of ASML in a research note on Tuesday, January 23rd. They issued an "overweight" rating for the company. Finally, Raymond James boosted their price objective on shares of ASML from $850.00 to $1,000.00 and gave the stock a "strong-buy" rating in a research note on Thursday, January 25th. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $1,036.00.
Read Our Latest Report on ASML
ASML Company Profile
(
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.
See Also
Before you consider ASML, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ASML wasn't on the list.
While ASML currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
