M&T Bank Corp lifted its holdings in shares of ASML Holding NV (NASDAQ:ASML) by 352.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,234 shares of the semiconductor company’s stock after acquiring an additional 16,546 shares during the period. M&T Bank Corp’s holdings in ASML were worth $3,305,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Dubuque Bank & Trust Co. grew its stake in ASML by 1.3% during the 4th quarter. Dubuque Bank & Trust Co. now owns 8,573 shares of the semiconductor company’s stock worth $1,334,000 after buying an additional 106 shares during the last quarter. Parsons Capital Management Inc. RI grew its stake in shares of ASML by 4.0% in the 4th quarter. Parsons Capital Management Inc. RI now owns 3,900 shares of the semiconductor company’s stock valued at $607,000 after purchasing an additional 150 shares during the last quarter. Legacy Financial Advisors Inc. grew its stake in shares of ASML by 259.6% in the 4th quarter. Legacy Financial Advisors Inc. now owns 320 shares of the semiconductor company’s stock valued at $50,000 after purchasing an additional 231 shares during the last quarter. IFP Advisors Inc grew its stake in shares of ASML by 15.0% in the 4th quarter. IFP Advisors Inc now owns 1,842 shares of the semiconductor company’s stock valued at $286,000 after purchasing an additional 240 shares during the last quarter. Finally, Griffin Asset Management Inc. grew its stake in shares of ASML by 4.3% in the 3rd quarter. Griffin Asset Management Inc. now owns 6,380 shares of the semiconductor company’s stock valued at $1,200,000 after purchasing an additional 265 shares during the last quarter. 15.64% of the stock is currently owned by institutional investors and hedge funds.
ASML has been the topic of several analyst reports. Santander upgraded ASML from a “hold” rating to a “buy” rating in a research note on Wednesday, October 31st. Zacks Investment Research raised ASML from a “hold” rating to a “buy” rating and set a $179.00 price target for the company in a report on Wednesday, January 23rd. Liberum Capital raised ASML from a “hold” rating to a “buy” rating in a report on Monday, February 4th. BidaskClub raised ASML from a “sell” rating to a “hold” rating in a report on Thursday, October 18th. Finally, Susquehanna Bancshares reissued a “neutral” rating and issued a $200.00 price target (down from $240.00) on shares of ASML in a report on Tuesday, October 23rd. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company’s stock. ASML currently has a consensus rating of “Hold” and a consensus price target of $204.80.
ASML opened at $181.07 on Monday. The company has a quick ratio of 1.87, a current ratio of 2.78 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $77.24 billion, a PE ratio of 25.22, a price-to-earnings-growth ratio of 1.27 and a beta of 1.12. ASML Holding NV has a 12 month low of $144.50 and a 12 month high of $221.66.
ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 23rd. The semiconductor company reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.08. The firm had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $2.99 billion. ASML had a return on equity of 22.92% and a net margin of 23.66%. ASML’s revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.50 earnings per share. As a group, research analysts forecast that ASML Holding NV will post 7.04 EPS for the current fiscal year.
The company also recently disclosed an annual dividend, which will be paid on Wednesday, May 8th. Investors of record on Monday, April 29th will be issued a dividend of $2.3856 per share. The ex-dividend date is Friday, April 26th. This is a boost from ASML’s previous annual dividend of $1.72. This represents a yield of 1%. ASML’s payout ratio is currently 20.06%.
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ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells three categories of products, including DUV lithography, EUV lithography, and Holistic lithography solutions.
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