Prudent Investors Network Inc. Makes New $284,000 Investment in ASML Holding (NASDAQ:ASML)

Prudent Investors Network Inc. acquired a new position in ASML Holding (NASDAQ:ASML) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 410 shares of the semiconductor company’s stock, valued at approximately $284,000.

Several other institutional investors and hedge funds have also bought and sold shares of ASML. Armstrong Advisory Group Inc. raised its stake in shares of ASML by 24.5% in the third quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 12 shares during the last quarter. Bruce G. Allen Investments LLC raised its stake in shares of ASML by 21.2% in the third quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock worth $67,000 after purchasing an additional 14 shares during the last quarter. Steigerwald Gordon & Koch Inc. raised its stake in shares of ASML by 4.8% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after purchasing an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC raised its stake in shares of ASML by 0.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after purchasing an additional 14 shares during the last quarter. Finally, Fortitude Family Office LLC raised its stake in shares of ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ:ASML opened at $739.31 on Monday. The stock has a 50-day simple moving average of $719.37 and a two-hundred day simple moving average of $772.37. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The firm has a market capitalization of $290.86 billion, a PE ratio of 35.54, 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 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%. Analysts forecast that ASML Holding will post 25.31 EPS for the current year.

ASML Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be paid a $1.6414 dividend. This represents a $6.57 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend is Monday, April 28th. ASML’s dividend payout ratio (DPR) is 26.83%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ASML. JPMorgan Chase & Co. decreased their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday. BNP Paribas assumed coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday. Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.