Dearborn Partners LLC Acquires New Position in ASML Holding (NASDAQ:ASML)

Dearborn Partners LLC bought a new stake in ASML Holding (NASDAQ:ASML) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 332 shares of the semiconductor company’s stock, valued at approximately $230,000.

Several other institutional investors also recently made changes to their positions in ASML. Kennebec Savings Bank grew its position in ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 25 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in shares of ASML during the fourth quarter worth approximately $31,000. Albion Financial Group UT grew its holdings in ASML by 133.3% in the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after buying an additional 32 shares in the last quarter. Roxbury Financial LLC acquired a new stake in ASML in the 4th quarter valued at approximately $39,000. Finally, Caitlin John LLC raised its stake in ASML by 78.1% during the 4th quarter. Caitlin John LLC now owns 57 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 25 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Stock Up 1.0 %

NASDAQ ASML opened at $690.21 on Wednesday. The company has a market capitalization of $271.54 billion, a P/E ratio of 33.18, a PEG ratio of 1.62 and a beta of 1.54. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The company’s 50 day simple moving average is $732.93 and its 200 day simple moving average is $742.65.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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%. Equities research analysts expect 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. Investors of record on Tuesday, February 11th were given a $1.5855 dividend. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is 31.35%.

Wall Street Analysts Forecast Growth

ASML has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Wells Fargo & Company raised 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. Sanford C. Bernstein reduced their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Finally, BNP Paribas assumed coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus price target 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.