Wambolt & Associates LLC Acquires Shares of 510 ASML Holding (NASDAQ:ASML)

Wambolt & Associates LLC bought a new position in ASML Holding (NASDAQ:ASML) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 510 shares of the semiconductor company’s stock, valued at approximately $353,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Steigerwald Gordon & Koch Inc. grew its stake in ASML by 4.8% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 14 shares during the period. Cyndeo Wealth Partners LLC boosted its holdings in shares of ASML by 0.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after buying an additional 14 shares during the last quarter. Trust Point Inc. grew its position in ASML by 2.4% during the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock valued at $420,000 after buying an additional 14 shares during the period. Sunpointe LLC increased its holdings in ASML by 1.3% during the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock worth $772,000 after buying an additional 14 shares during the last quarter. Finally, Wealth Quarterback LLC raised its position in ASML by 1.1% in the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock worth $923,000 after acquiring an additional 15 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Down 0.2 %

Shares of NASDAQ ASML opened at $726.74 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. The company has a market cap of $285.92 billion, a P/E ratio of 34.94, a P/E/G ratio of 1.62 and a beta of 1.54. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The business has a 50-day simple moving average of $730.70 and a two-hundred day simple moving average of $733.15.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. Research analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is presently 31.35%.

Analyst Upgrades and Downgrades

ASML has been the subject of several research analyst reports. Sanford C. Bernstein decreased their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. JPMorgan Chase & Co. decreased their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. BNP Paribas initiated coverage on ASML in a research report 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 report on Thursday, January 30th. Finally, 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 report on Monday, January 13th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the 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.

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.