Sumitomo Mitsui Trust Group Inc. Has $8.79 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

Sumitomo Mitsui Trust Group Inc. trimmed its stake in shares of ASML Holding (NASDAQ:ASML) by 1.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 12,681 shares of the semiconductor company’s stock after selling 225 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in ASML were worth $8,789,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ASML. Steigerwald Gordon & Koch Inc. grew its stake in ASML by 4.8% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after acquiring an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC boosted its stake 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 valued at $2,223,000 after purchasing an additional 14 shares in the last quarter. Trust Point Inc. boosted its stake in shares of ASML by 2.4% in the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock valued at $420,000 after purchasing an additional 14 shares in the last quarter. Fortitude Family Office LLC boosted its stake in shares of ASML by 46.9% in the 3rd 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, Farther Finance Advisors LLC raised its holdings in ASML by 1.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company’s stock valued at $768,000 after buying an additional 15 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Trading Up 0.4 %

ASML stock opened at $756.17 on Thursday. The stock has a market cap of $297.49 billion, a P/E ratio of 36.35, a PEG ratio of 1.63 and a beta of 1.47. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The firm’s 50 day moving average price is $726.48 and its 200-day moving average price is $764.28.

ASML (NASDAQ:ASML) last posted its earnings results 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 net margin of 26.78% and a return on equity of 47.73%. On average, equities analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be paid a dividend of $1.5855 per share. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date is Tuesday, February 11th. ASML’s payout ratio is presently 26.83%.

Analyst Ratings Changes

Several research analysts have commented on the stock. BNP Paribas assumed coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Wells Fargo & Company increased 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. JPMorgan Chase & Co. dropped their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Sanford C. Bernstein dropped their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Finally, DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Three 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’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.