Guggenheim Capital LLC Cuts Holdings in ASML Holding (NASDAQ:ASML)

Guggenheim Capital LLC lessened its stake in ASML Holding (NASDAQ:ASML) by 6.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 26,847 shares of the semiconductor company’s stock after selling 1,947 shares during the quarter. Guggenheim Capital LLC’s holdings in ASML were worth $18,607,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. XTX Topco Ltd acquired a new position in ASML during the 4th quarter worth approximately $1,081,000. Harber Asset Management LLC acquired a new position in shares of ASML during the fourth quarter worth $9,047,000. Belpointe Asset Management LLC increased its holdings in ASML by 4.1% in the fourth quarter. Belpointe Asset Management LLC now owns 1,164 shares of the semiconductor company’s stock valued at $807,000 after buying an additional 46 shares during the last quarter. CreativeOne Wealth LLC raised its stake in ASML by 10.7% in the fourth quarter. CreativeOne Wealth LLC now owns 1,517 shares of the semiconductor company’s stock valued at $1,052,000 after buying an additional 147 shares in the last quarter. Finally, Mariner LLC boosted its position in shares of ASML by 5.6% during the 4th quarter. Mariner LLC now owns 28,721 shares of the semiconductor company’s stock worth $19,907,000 after acquiring an additional 1,512 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ASML has been the topic of a number of research analyst reports. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. 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. Finally, JPMorgan Chase & Co. cut their target price on 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. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Price Performance

Shares of ASML opened at $683.16 on Wednesday. The company has a market capitalization of $268.77 billion, a price-to-earnings ratio of 32.84, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. ASML Holding has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The firm has a 50-day simple moving average of $703.70 and a 200-day simple moving average of $716.63. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

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

ASML Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be issued a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date is Monday, April 28th. ASML’s payout ratio is presently 31.35%.

About ASML

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.