Family Capital Management Inc. Has $682,000 Stake in ASML Holding (NASDAQ:ASML)

Family Capital Management Inc. increased its stake in ASML Holding (NASDAQ:ASML) by 8.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 984 shares of the semiconductor company’s stock after purchasing an additional 75 shares during the period. Family Capital Management Inc.’s holdings in ASML were worth $682,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Fairway Wealth LLC bought a new stake in shares of ASML in the third quarter worth $25,000. Milestone Investment Advisors LLC acquired a new stake in ASML in the 3rd quarter valued at $28,000. Kennebec Savings Bank lifted its position in ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after buying an additional 25 shares in the last quarter. Fortitude Family Office LLC boosted its stake in shares of ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after buying an additional 15 shares during the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of ASML in the 3rd quarter valued at about $43,000. Institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Wells Fargo & Company boosted their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Sanford C. Bernstein decreased their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. JPMorgan Chase & Co. decreased their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report 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. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Up 2.8 %

ASML opened at $776.99 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock has a fifty day moving average of $727.20 and a 200-day moving average of $764.22. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The company has a market capitalization of $305.68 billion, a P/E ratio of 37.36, a P/E/G ratio of 1.63 and a beta of 1.47.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, equities analysts expect that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be issued a $1.5855 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s payout ratio is currently 26.83%.

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.