SVB Wealth LLC Takes Position in ASML Holding (NASDAQ:ASML)

SVB Wealth LLC acquired a new position in shares of ASML Holding (NASDAQ:ASML) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,265 shares of the semiconductor company’s stock, valued at approximately $877,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its position in shares of ASML by 1.7% in 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. Chicago Partners Investment Group LLC raised its stake in ASML by 13.0% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 1,311 shares of the semiconductor company’s stock valued at $1,092,000 after purchasing an additional 151 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in ASML by 9.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 55,699 shares of the semiconductor company’s stock valued at $46,411,000 after purchasing an additional 4,903 shares in the last quarter. Blue Square Asset Management LLC boosted its stake in shares of ASML by 56.3% during the 3rd quarter. Blue Square Asset Management LLC now owns 2,891 shares of the semiconductor company’s stock worth $2,409,000 after purchasing an additional 1,041 shares during the last quarter. Finally, Forum Financial Management LP grew its holdings in shares of ASML by 1.2% during the third quarter. Forum Financial Management LP now owns 2,182 shares of the semiconductor company’s stock worth $1,818,000 after buying an additional 26 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML stock opened at $699.86 on Tuesday. The business’s fifty day moving average price is $732.73 and its 200 day moving average price is $751.58. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $275.34 billion, a P/E ratio of 33.65, a PEG 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 for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, research analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were given a $1.5855 dividend. 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%.

Analysts Set New Price Targets

ASML has been the topic of several recent analyst reports. Wells Fargo & Company upped their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Sanford C. Bernstein reduced 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. Finally, JPMorgan Chase & Co. decreased their price target 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. Two 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’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

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.