Apollon Wealth Management LLC Increases Stake in ASML Holding (NASDAQ:ASML)

Apollon Wealth Management LLC grew its holdings in shares of ASML Holding (NASDAQ:ASML) by 14.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,002 shares of the semiconductor company’s stock after acquiring an additional 1,034 shares during the period. Apollon Wealth Management LLC’s holdings in ASML were worth $5,546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Brookstone Capital Management increased its stake in shares of ASML by 2.8% in the third quarter. Brookstone Capital Management now owns 1,025 shares of the semiconductor company’s stock worth $854,000 after purchasing an additional 28 shares in the last quarter. CWM LLC increased its stake in ASML by 5.4% in the 3rd quarter. CWM LLC now owns 2,044 shares of the semiconductor company’s stock worth $1,703,000 after buying an additional 105 shares in the last quarter. JGP Wealth Management LLC raised its holdings in ASML by 4.7% during the third quarter. JGP Wealth Management LLC now owns 378 shares of the semiconductor company’s stock valued at $315,000 after acquiring an additional 17 shares during the period. MADDEN SECURITIES Corp lifted its position in shares of ASML by 6.5% in the third quarter. MADDEN SECURITIES Corp now owns 4,395 shares of the semiconductor company’s stock valued at $3,662,000 after acquiring an additional 270 shares in the last quarter. Finally, Valeo Financial Advisors LLC boosted its stake in shares of ASML by 14.5% in the third quarter. Valeo Financial Advisors LLC now owns 2,046 shares of the semiconductor company’s stock worth $1,705,000 after acquiring an additional 259 shares during the period. 26.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on ASML. Wells Fargo & Company raised their target price 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 started coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. JPMorgan Chase & Co. dropped 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, January 30th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Finally, Sanford C. Bernstein lowered their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Down 1.5 %

Shares of NASDAQ ASML opened at $727.70 on Friday. The stock has a 50 day moving average price of $725.13 and a 200 day moving average price of $767.97. The firm has a market capitalization of $286.29 billion, a price-to-earnings ratio of 34.99, a PEG ratio of 1.63 and a beta of 1.47. 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.

ASML (NASDAQ:ASML) last issued 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 return on equity of 47.73% and a net margin of 26.78%. Sell-side analysts expect that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be paid a dividend of $1.5855 per share. The ex-dividend date of this dividend is Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s 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.