Augustine Asset Management Inc. Buys Shares of 2,536 ASML Holding (NASDAQ:ASML)

Augustine Asset Management Inc. purchased a new stake in ASML Holding (NASDAQ:ASML) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,536 shares of the semiconductor company’s stock, valued at approximately $1,758,000.

A number of other hedge funds also recently made changes to their positions in the business. Fairway Wealth LLC acquired a new stake in ASML in the 3rd quarter valued at approximately $25,000. Milestone Investment Advisors LLC bought a new position in shares of ASML in the third quarter worth $28,000. Kennebec Savings Bank increased its holdings in shares of ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the period. Fortitude Family Office LLC raised its stake in shares of ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new stake in ASML in the third quarter worth about $43,000. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on ASML. Sanford C. Bernstein lowered their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. JPMorgan Chase & Co. dropped their price objective 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. BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Finally, Wells Fargo & Company raised their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Three investment 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $937.00.

ASML Stock Up 1.2 %

ASML stock opened at $752.98 on Wednesday. The company’s 50 day simple moving average is $725.78 and its 200-day simple moving average is $765.23. 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 current ratio of 1.53 and a quick ratio of 0.99. The firm has a market capitalization of $296.24 billion, a P/E ratio of 36.20, a P/E/G ratio of 1.63 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its earnings results 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, equities research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th will be paid a $1.5855 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is 26.83%.

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.