ASML Holding (NASDAQ:ASML) Shares Acquired by SVB Wealth LLC

SVB Wealth LLC raised its stake in shares of ASML Holding (NASDAQ:ASML) by 6.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,009 shares of the semiconductor company’s stock after acquiring an additional 128 shares during the period. SVB Wealth LLC’s holdings in ASML were worth $1,521,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in ASML. Carmel Capital Partners LLC boosted its stake in shares of ASML by 200.0% in the third quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 30 shares during the period. Addison Advisors LLC boosted its stake in shares of ASML by 220.0% in the third quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 33 shares during the period. Creative Financial Designs Inc. ADV boosted its stake in shares of ASML by 48.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 15 shares during the period. Catalyst Capital Advisors LLC boosted its stake in shares of ASML by 35.4% in the third quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 17 shares during the period. Finally, Cornerstone Planning Group LLC purchased a new position in shares of ASML in the second quarter valued at approximately $39,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on ASML. Cantor Fitzgerald began coverage on shares of ASML in a research note on Tuesday, January 23rd. They issued an “overweight” rating for the company. Susquehanna lifted their price target on shares of ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a research note on Friday, January 26th. Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Wells Fargo & Company lifted their price target on shares of ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Finally, Evercore ISI started coverage on shares of ASML in a research note on Tuesday. They issued an “outperform” rating for the company. Five equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,036.00.

ASML Stock Down 2.0 %

Shares of NASDAQ:ASML opened at $889.03 on Friday. The company has a market capitalization of $350.80 billion, a PE ratio of 41.33, a P/E/G ratio of 2.36 and a beta of 1.48. The company has a current ratio of 1.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.34. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,056.34. The firm has a 50 day simple moving average of $959.98 and a 200-day simple moving average of $791.79.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, topping the consensus estimate of $5.12 by $0.48. The business had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.34 billion. ASML had a net margin of 28.44% and a return on equity of 68.32%. On average, equities analysts predict that ASML Holding will post 20.4 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be issued a $1.343 dividend. The ex-dividend date is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.60%. ASML’s payout ratio is 24.59%.

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.