Commerce Bank Boosts Holdings in ASML Holding (NASDAQ:ASML)

Commerce Bank increased its position in ASML Holding (NASDAQ:ASML) by 16.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,183 shares of the semiconductor company’s stock after purchasing an additional 594 shares during the quarter. Commerce Bank’s holdings in ASML were worth $2,899,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Kennebec Savings Bank grew its stake in shares of ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 25 shares in the last quarter. Wellington Shields & Co. LLC boosted its holdings in ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in ASML during the 4th quarter valued at approximately $31,000. Albion Financial Group UT increased its holdings in ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC acquired a new position in shares of ASML in the 4th quarter valued at approximately $39,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

ASML Price Performance

ASML opened at $640.16 on Monday. The firm has a market cap of $251.85 billion, a price-to-earnings ratio of 30.78, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. The company’s 50-day moving average price is $697.51 and its 200 day moving average price is $711.81. ASML Holding has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping the consensus estimate of $6.12 by $0.19. The firm had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, sell-side analysts expect that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be issued a $1.5855 dividend. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date is Monday, April 28th. ASML’s dividend payout ratio is 27.48%.

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.