Martin Capital Partners LLC Makes New Investment in ASML Holding (NASDAQ:ASML)

Martin Capital Partners LLC purchased a new position in shares of ASML Holding (NASDAQ:ASML) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,297 shares of the semiconductor company’s stock, valued at approximately $1,592,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Fairway Wealth LLC bought a new position in ASML during the 3rd quarter worth approximately $25,000. Kennebec Savings Bank lifted its holdings in 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 buying an additional 25 shares during the period. Milestone Investment Advisors LLC bought a new stake in ASML during the third quarter valued at $28,000. Fortitude Family Office LLC raised its position in shares of ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 15 shares in the last quarter. Finally, Albion Financial Group UT lifted its stake in shares of ASML by 133.3% in 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 period. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Up 0.0 %

Shares of ASML stock opened at $731.41 on Wednesday. The company has a market capitalization of $287.75 billion, a P/E ratio of 35.16, a price-to-earnings-growth ratio of 1.62 and a beta of 1.47. The stock has a fifty day simple moving average of $721.49 and a 200 day simple moving average of $769.85. ASML Holding has a 12-month low of $645.45 and a 12-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.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 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%. On average, sell-side analysts anticipate that ASML Holding will post 25.31 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be given a dividend of $1.5855 per share. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date is Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 26.83%.

Wall Street Analysts Forecast Growth

ASML has been the topic of several recent analyst reports. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company lifted their price target 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. JPMorgan Chase & Co. cut their price objective 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. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Finally, Sanford C. Bernstein cut their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

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.