FourThought Financial Partners LLC Raises Stock Holdings in ASML Holding (NASDAQ:ASML)

FourThought Financial Partners LLC raised its stake in ASML Holding (NASDAQ:ASML) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,293 shares of the semiconductor company’s stock after acquiring an additional 218 shares during the period. FourThought Financial Partners LLC’s holdings in ASML were worth $7,134,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Fairway Wealth LLC bought a new position in shares of ASML in the third quarter worth about $25,000. Kennebec Savings Bank increased its holdings in shares of ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 25 shares during the period. Milestone Investment Advisors LLC purchased a new position in ASML during the 3rd quarter worth $28,000. Fortitude Family Office LLC grew its stake in ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares during the last quarter. Finally, Albion Financial Group UT grew its stake in ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 32 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have commented on ASML. Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company raised their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. JPMorgan Chase & Co. cut their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Finally, BNP Paribas started coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $937.00.

ASML Stock Performance

Shares of NASDAQ ASML opened at $735.96 on Tuesday. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The firm’s 50-day moving average price is $732.89 and its two-hundred day moving average price is $757.27. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The stock has a market capitalization of $289.54 billion, a P/E ratio of 35.38, a P/E/G ratio of 1.62 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, sell-side analysts forecast that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were paid a dividend of $1.5855 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is 25.67%.

ASML 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.