ASML Holding (NASDAQ:ASML) Shares Bought by Cromwell Holdings LLC

Cromwell Holdings LLC raised its holdings in ASML Holding (NASDAQ:ASML) by 11.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 800 shares of the semiconductor company’s stock after acquiring an additional 82 shares during the period. Cromwell Holdings LLC’s holdings in ASML were worth $554,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in ASML. Fairway Wealth LLC acquired a new stake in ASML during the third quarter worth about $25,000. Milestone Investment Advisors LLC acquired a new position in ASML in the 3rd quarter worth $28,000. 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. Fortitude Family Office LLC grew its stake in ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group bought a new stake in shares of ASML in the third quarter worth $43,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

ASML opened at $743.09 on Friday. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The stock has a market cap of $292.35 billion, a PE ratio of 35.73, a price-to-earnings-growth ratio of 1.64 and a beta of 1.47. The business’s 50 day moving average is $732.25 and its 200-day moving average is $759.97. 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 quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were given a dividend of $1.5855 per share. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s payout ratio is 25.67%.

Analyst Ratings Changes

ASML has been the topic of several research reports. JPMorgan Chase & Co. cut their price objective 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. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Sanford C. Bernstein lowered their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Wells Fargo & Company raised their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, BNP Paribas started coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Two research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

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.