Jacobi Capital Management LLC boosted its holdings in shares of ASML Holding (NASDAQ:ASML – Free Report) by 57.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,711 shares of the semiconductor company’s stock after buying an additional 623 shares during the quarter. Jacobi Capital Management LLC’s holdings in ASML were worth $1,186,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in ASML. Fairway Wealth LLC purchased a new stake in ASML during the 3rd quarter valued at about $25,000. Kennebec Savings Bank grew its stake in ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the last quarter. Milestone Investment Advisors LLC purchased a new stake in ASML during the 3rd quarter valued at about $28,000. 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. Finally, Roxbury Financial LLC purchased a new stake in ASML during the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.
Wall Street Analysts Forecast Growth
ASML has been the topic of several research analyst reports. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. JPMorgan Chase & Co. lowered their target price on 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. BNP Paribas began coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. Wells Fargo & Company upped their target price on 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 upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $937.00.
ASML Stock Performance
NASDAQ ASML opened at $708.71 on Friday. The stock has a market capitalization of $278.82 billion, a price-to-earnings ratio of 34.07, a PEG ratio of 1.62 and a beta of 1.47. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. 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 50-day moving average of $733.15 and a 200 day moving average of $754.07.
ASML (NASDAQ:ASML – Get Free Report) last released its quarterly earnings results 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 return on equity of 47.73% and a net margin of 26.78%. Sell-side analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.
ASML Increases Dividend
The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a $1.5855 dividend. 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 presently 31.35%.
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.
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