ASML Holding (NASDAQ:ASML – Get Free Report)’s share price fell 0.2% on Tuesday . The company traded as low as $747.00 and last traded at $750.26. 557,346 shares were traded during mid-day trading, a decline of 69% from the average session volume of 1,800,667 shares. The stock had previously closed at $751.55.
Analysts Set New Price Targets
Several equities analysts have issued reports on the stock. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Sanford C. Bernstein cut their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Wells Fargo & Company boosted their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. 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. Finally, JPMorgan Chase & Co. reduced 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 report on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.
Read Our Latest Research Report on ASML
ASML Stock Down 0.2 %
ASML (NASDAQ:ASML – Get Free Report) last released its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.
ASML Increases Dividend
The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were issued a $1.5855 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is currently 25.67%.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the stock. Fairway Wealth LLC purchased a new position in ASML during the third quarter valued at $25,000. Kennebec Savings Bank grew its position in shares of ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares in the last quarter. Milestone Investment Advisors LLC acquired a new stake in shares of ASML in the third quarter valued at approximately $28,000. Wellington Shields & Co. LLC lifted its position in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after buying an additional 37 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in ASML during the fourth quarter worth $31,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
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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