Addison Advisors LLC increased its holdings in ASML Holding (NASDAQ:ASML – Free Report) by 45.5% in the 4th quarter, Holdings Channel reports. The fund owned 211 shares of the semiconductor company’s stock after buying an additional 66 shares during the quarter. Addison Advisors LLC’s holdings in ASML were worth $146,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of ASML. Carnegie Investment Counsel lifted its holdings in shares of ASML by 68.9% during the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock valued at $1,475,000 after purchasing an additional 868 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in ASML during the 4th quarter valued at approximately $1,174,000. Taurus Asset Management LLC purchased a new position in ASML during the third quarter valued at $16,994,000. State Street Corp boosted its holdings in ASML by 5.2% in the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after acquiring an additional 7,010 shares in the last quarter. Finally, Stockman Wealth Management Inc. grew its stake in shares of ASML by 7.2% in the third quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock worth $12,800,000 after acquiring an additional 1,032 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.
ASML Stock Down 0.8 %
Shares of ASML stock opened at $730.19 on Wednesday. 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 Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The company has a market cap of $287.27 billion, a price-to-earnings ratio of 35.11, a price-to-earnings-growth ratio of 1.62 and a beta of 1.47. The company’s 50 day moving average is $732.79 and its 200 day moving average is $756.35.
ASML Increases Dividend
The firm also recently declared 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 a positive change from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is presently 31.35%.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. decreased their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Wells Fargo & Company increased their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Sanford C. Bernstein decreased their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Finally, BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average target price of $937.00.
Get Our Latest Research Report on ASML
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.
Featured Articles
- Five stocks we like better than ASML
- What Investors Need to Know to Beat the Market
- Nebius Slides Post-Earnings: A Long-Term Buy Opportunity?
- NYSE Stocks Give Investors a Variety of Quality Options
- NVIDIA Stock: A Market Barometer in Tech’s Turbulent Times
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Palantir Stock Nears Bear Market Territory – Why and What’s Next?
Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding (NASDAQ:ASML – Free Report).
Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.