ASML Holding (NASDAQ:ASML) Shares Acquired by GeoWealth Management LLC

GeoWealth Management LLC grew its holdings in shares of ASML Holding (NASDAQ:ASML) by 11.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,304 shares of the semiconductor company’s stock after purchasing an additional 136 shares during the period. GeoWealth Management LLC’s holdings in ASML were worth $904,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Steigerwald Gordon & Koch Inc. increased its stake in ASML by 4.8% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC grew its holdings in ASML by 0.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock valued at $2,223,000 after buying an additional 14 shares during the period. Trust Point Inc. increased its position in ASML by 2.4% during the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after purchasing an additional 14 shares during the last quarter. Sunpointe LLC raised its position in shares of ASML by 1.3% in the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock worth $772,000 after buying an additional 14 shares during the period. Finally, Wealth Quarterback LLC lifted its stake in shares of ASML by 1.1% in the 4th quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock valued at $923,000 after purchasing an additional 15 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on ASML shares. Susquehanna reduced their target price on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a report on Thursday. JPMorgan Chase & Co. decreased their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Wells Fargo & Company lowered their price objective on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $906.00.

ASML Stock Up 0.8 %

NASDAQ:ASML opened at $640.16 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a 50 day moving average of $697.51 and a 200-day moving average of $712.65. The firm has a market capitalization of $251.85 billion, a PE ratio of 30.78, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The firm had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. Analysts predict that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be paid a $1.5855 dividend. The ex-dividend date is Monday, April 28th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is presently 27.48%.

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.