Verdence Capital Advisors LLC Increases Stock Holdings in ASML Holding (NASDAQ:ASML)

Verdence Capital Advisors LLC increased its holdings in ASML Holding (NASDAQ:ASML) by 1.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,886 shares of the semiconductor company’s stock after acquiring an additional 42 shares during the quarter. Verdence Capital Advisors LLC’s holdings in ASML were worth $2,693,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its holdings in shares of ASML by 1.7% during the third quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company’s stock valued at $768,000 after acquiring an additional 15 shares in the last quarter. Quintet Private Bank Europe S.A. increased its holdings in ASML by 16.2% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 194 shares of the semiconductor company’s stock worth $162,000 after buying an additional 27 shares in the last quarter. Rational Advisors LLC increased its holdings in ASML by 4.9% in the 3rd quarter. Rational Advisors LLC now owns 382 shares of the semiconductor company’s stock worth $318,000 after buying an additional 18 shares in the last quarter. Alterna Wealth Management Inc. boosted its position in ASML by 8.5% in the third quarter. Alterna Wealth Management Inc. now owns 254 shares of the semiconductor company’s stock worth $212,000 after purchasing an additional 20 shares during the last quarter. Finally, FSM Wealth Advisors LLC boosted its position in ASML by 31.0% in the third quarter. FSM Wealth Advisors LLC now owns 524 shares of the semiconductor company’s stock worth $437,000 after purchasing an additional 124 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Up 1.2 %

NASDAQ ASML opened at $708.22 on Wednesday. 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 Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The stock’s 50 day moving average is $732.50 and its 200 day moving average is $750.10. The stock has a market cap of $278.63 billion, a PE ratio of 34.05, a P/E/G ratio of 1.62 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its quarterly earnings data 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%. Research analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were given a dividend of $1.5855 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s payout ratio is currently 31.35%.

Analyst Upgrades and Downgrades

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

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.