Bank of Stockton Has $1.25 Million Position in ASML Holding (NASDAQ:ASML)

Bank of Stockton grew its stake in shares of ASML Holding (NASDAQ:ASML) by 5.3% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,796 shares of the semiconductor company’s stock after buying an additional 91 shares during the period. Bank of Stockton’s holdings in ASML were worth $1,245,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Carnegie Investment Counsel raised its position in shares of ASML by 68.9% during the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock valued at $1,475,000 after buying an additional 868 shares during the last quarter. Central Pacific Bank Trust Division acquired a new position in shares of ASML during the fourth quarter valued at about $1,174,000. Taurus Asset Management LLC bought a new stake in ASML in the third quarter valued at about $16,994,000. State Street Corp increased its stake in ASML by 5.2% in the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock valued at $117,323,000 after acquiring an additional 7,010 shares during the period. Finally, Stockman Wealth Management Inc. increased its stake in ASML by 7.2% in the third quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock valued at $12,800,000 after acquiring an additional 1,032 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML stock opened at $743.09 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $292.35 billion, a price-to-earnings ratio of 35.73, a P/E/G ratio of 1.64 and a beta of 1.47. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The firm’s 50-day moving average price is $732.25 and its two-hundred day moving average price is $759.97.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate 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 predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business 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. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio is 25.67%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ASML. Sanford C. Bernstein lowered 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 began coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. JPMorgan Chase & Co. lowered their target price 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. Wells Fargo & Company upped their target price on shares of ASML from $790.00 to $860.00 and gave the company 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. Two investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

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.