ASML Holding (NASDAQ:ASML) Shares Acquired by Stockman Wealth Management Inc.

Stockman Wealth Management Inc. grew its stake in ASML Holding (NASDAQ:ASML) by 11.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,055 shares of the semiconductor company’s stock after purchasing an additional 1,694 shares during the quarter. ASML makes up 1.9% of Stockman Wealth Management Inc.’s holdings, making the stock its 16th biggest position. Stockman Wealth Management Inc.’s holdings in ASML were worth $11,820,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Rede Wealth LLC lifted its stake in shares of ASML by 74.3% in the fourth quarter. Rede Wealth LLC now owns 495 shares of the semiconductor company’s stock worth $343,000 after buying an additional 211 shares in the last quarter. Stephens Investment Management Group LLC lifted its stake in shares of ASML by 40.5% in the fourth quarter. Stephens Investment Management Group LLC now owns 361 shares of the semiconductor company’s stock worth $250,000 after buying an additional 104 shares in the last quarter. Howland Capital Management LLC lifted its stake in shares of ASML by 7.2% in the fourth quarter. Howland Capital Management LLC now owns 389 shares of the semiconductor company’s stock worth $270,000 after buying an additional 26 shares in the last quarter. Quotient Wealth Partners LLC purchased a new position in shares of ASML in the fourth quarter worth about $392,000. Finally, Entropy Technologies LP purchased a new position in shares of ASML in the fourth quarter worth about $2,634,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML opened at $727.70 on Friday. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The stock has a market cap of $286.29 billion, a PE ratio of 34.99, a P/E/G ratio of 1.63 and a beta of 1.47. The firm has a 50-day simple moving average of $725.13 and a two-hundred day simple moving average of $767.97. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. As a group, analysts forecast that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

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

Analyst Ratings Changes

ASML has been the topic of several research reports. JPMorgan Chase & Co. decreased their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Sanford C. Bernstein reduced their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. BNP Paribas initiated coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Wells Fargo & Company lifted their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Finally, DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. 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 stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $937.00.

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.