Perennial Investment Advisors LLC Boosts Stock Holdings in ASML Holding (NASDAQ:ASML)

Perennial Investment Advisors LLC lifted its position in ASML Holding (NASDAQ:ASML) by 10.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 874 shares of the semiconductor company’s stock after purchasing an additional 81 shares during the period. Perennial Investment Advisors LLC’s holdings in ASML were worth $606,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Kennebec Savings Bank increased 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 buying an additional 25 shares in the last quarter. Wellington Shields & Co. LLC increased its holdings in ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in ASML during the fourth quarter worth $31,000. Albion Financial Group UT lifted its holdings in ASML by 133.3% during the fourth 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 in the last quarter. Finally, Roxbury Financial LLC acquired a new stake in shares of ASML in the fourth quarter valued at about $39,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

ASML stock opened at $605.55 on Friday. ASML Holding has a 1 year low of $597.69 and a 1 year 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 firm has a market capitalization of $238.24 billion, a PE ratio of 29.11, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. The business has a 50 day simple moving average of $716.73 and a 200-day simple moving average of $726.43.

ASML (NASDAQ:ASML) last issued its 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 anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on ASML shares. Wells Fargo & Company upped their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. lowered their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price 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.