389 Shares in ASML Holding (NASDAQ:ASML) Bought by Private Wealth Partners LLC

Private Wealth Partners LLC acquired a new position in shares of ASML Holding (NASDAQ:ASML) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 389 shares of the semiconductor company’s stock, valued at approximately $294,000.

Several other large investors have also recently added to or reduced their stakes in ASML. Private Trust Co. NA lifted its stake in ASML by 49.3% in the third quarter. Private Trust Co. NA now owns 515 shares of the semiconductor company’s stock valued at $303,000 after buying an additional 170 shares during the last quarter. Aaron Wealth Advisors LLC increased its holdings in shares of ASML by 12.9% during the third quarter. Aaron Wealth Advisors LLC now owns 690 shares of the semiconductor company’s stock valued at $406,000 after purchasing an additional 79 shares during the period. Ballentine Partners LLC increased its holdings in shares of ASML by 2.4% during the third quarter. Ballentine Partners LLC now owns 2,161 shares of the semiconductor company’s stock valued at $1,272,000 after purchasing an additional 50 shares during the period. Ropes Wealth Advisors LLC increased its holdings in shares of ASML by 3.4% during the third quarter. Ropes Wealth Advisors LLC now owns 1,143 shares of the semiconductor company’s stock valued at $673,000 after purchasing an additional 38 shares during the period. Finally, Solidarity Wealth LLC increased its holdings in shares of ASML by 114.9% during the third quarter. Solidarity Wealth LLC now owns 7,650 shares of the semiconductor company’s stock valued at $4,503,000 after purchasing an additional 4,090 shares during the period. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Kepler Capital Markets raised ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Evercore ISI assumed coverage on ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating on the stock. Sanford C. Bernstein dropped their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research note on Friday, April 12th. Susquehanna raised their price objective on ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a research report on Friday, January 26th. Finally, Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.

ASML Stock Performance

Shares of ASML stock traded up $18.32 during trading hours on Friday, reaching $918.97. 865,078 shares of the company’s stock were exchanged, compared to its average volume of 1,204,430. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The stock has a market capitalization of $362.62 billion, a P/E ratio of 46.93, a P/E/G ratio of 2.25 and a beta of 1.48. The business has a fifty day moving average price of $955.61 and a 200-day moving average price of $804.52. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, beating analysts’ consensus estimates of $5.12 by $0.48. The business had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.34 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Analysts predict that ASML Holding will post 20.04 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be issued a $1.343 dividend. This represents a $5.37 annualized dividend and a yield of 0.58%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio is 27.02%.

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.