Kennebec Savings Bank Boosts Stock Position in ASML Holding (NASDAQ:ASML)

Kennebec Savings Bank increased its position in ASML Holding (NASDAQ:ASML) by 227.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36 shares of the semiconductor company’s stock after acquiring an additional 25 shares during the quarter. Kennebec Savings Bank’s holdings in ASML were worth $26,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Fairway Wealth LLC purchased a new position in shares of ASML in the third quarter worth $25,000. Milestone Investment Advisors LLC purchased a new stake in ASML in the 3rd quarter worth $28,000. Fortitude Family Office LLC boosted its holdings 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 valued at $39,000 after purchasing an additional 15 shares during the last quarter. Albion Financial Group UT grew its position in shares of ASML by 133.3% during the fourth 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 in the last quarter. Finally, Sugar Maple Asset Management LLC bought a new stake in shares of ASML in the fourth quarter worth about $42,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Up 3.4 %

Shares of ASML stock opened at $736.99 on Friday. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The stock has a market cap of $289.95 billion, a price-to-earnings ratio of 35.43, a PEG ratio of 2.25 and a beta of 1.47. The firm’s 50-day moving average is $716.70 and its two-hundred day moving average is $778.07.

ASML (NASDAQ:ASML) last announced its quarterly earnings results 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 50.53%. As a group, research analysts expect that ASML Holding will post 25.07 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ASML shares. JPMorgan Chase & Co. lowered their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday. Sanford C. Bernstein lowered 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. Susquehanna reduced their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Wells Fargo & Company increased their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Finally, DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

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.