Banque Transatlantique SA Takes Position in ASML Holding (NASDAQ:ASML)

Banque Transatlantique SA acquired a new position in ASML Holding (NASDAQ:ASML) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 449 shares of the semiconductor company’s stock, valued at approximately $311,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Steigerwald Gordon & Koch Inc. lifted 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 acquiring an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC raised its holdings in shares of ASML by 0.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock valued at $2,223,000 after purchasing an additional 14 shares during the last quarter. Trust Point Inc. lifted its position in shares of ASML by 2.4% in 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 in the last quarter. Sunpointe LLC boosted its holdings in ASML by 1.3% during the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock worth $772,000 after purchasing an additional 14 shares during the last quarter. Finally, Wealth Quarterback LLC grew its position in ASML by 1.1% in the fourth 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. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ASML. JPMorgan Chase & Co. cut 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. Susquehanna dropped their target price on ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a report on Thursday, April 17th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Finally, Wells Fargo & Company dropped their price objective on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $906.00.

ASML Price Performance

NASDAQ:ASML opened at $690.33 on Friday. ASML Holding has a 12-month low of $578.51 and a 12-month high of $1,110.09. The firm has a market capitalization of $271.59 billion, a price-to-earnings ratio of 33.19, a P/E/G ratio of 1.62 and a beta of 1.67. The stock’s 50 day moving average price is $680.84 and its two-hundred day moving average price is $702.40. 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 announced its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The business had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. On average, analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.

ASML Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be issued a $1.6414 dividend. The ex-dividend date of this dividend is Monday, April 28th. This represents a $6.57 annualized dividend and a yield of 0.95%. ASML’s dividend payout ratio is currently 27.48%.

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.