Private Advisor Group LLC Acquires 96 Shares of ASML Holding (NASDAQ:ASML)

Private Advisor Group LLC grew its holdings in ASML Holding (NASDAQ:ASML) by 1.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,364 shares of the semiconductor company’s stock after acquiring an additional 96 shares during the quarter. Private Advisor Group LLC’s holdings in ASML were worth $4,060,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of ASML. Fisher Asset Management LLC raised its holdings in ASML by 2.2% during the 4th quarter. Fisher Asset Management LLC now owns 4,977,359 shares of the semiconductor company’s stock worth $3,767,464,000 after buying an additional 105,196 shares during the period. FMR LLC raised its holdings in shares of ASML by 3.6% during the third quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock worth $2,123,710,000 after acquiring an additional 126,413 shares during the period. Sands Capital Management LLC lifted its position in ASML by 7.6% in the 3rd quarter. Sands Capital Management LLC now owns 1,495,236 shares of the semiconductor company’s stock valued at $880,186,000 after acquiring an additional 105,339 shares in the last quarter. Clearbridge Investments LLC boosted its stake in ASML by 2.0% in the 3rd quarter. Clearbridge Investments LLC now owns 1,214,574 shares of the semiconductor company’s stock worth $714,971,000 after purchasing an additional 23,783 shares during the period. Finally, Jennison Associates LLC increased its holdings in ASML by 15.3% during the 4th quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock worth $867,549,000 after purchasing an additional 151,844 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Susquehanna increased their price objective on ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a report on Friday, January 26th. Evercore ISI assumed coverage on shares of ASML in a report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Cantor Fitzgerald assumed coverage on shares of ASML in a report on Tuesday, January 23rd. They set an “overweight” rating for the company. Wells Fargo & Company lifted their price target on shares of ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Finally, Sanford C. Bernstein cut their price target on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. Four research 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 company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,036.00.

ASML Stock Performance

NASDAQ ASML opened at $913.54 on Friday. The firm has a 50-day moving average of $949.28 and a 200-day moving average of $822.42. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. The stock has a market cap of $360.47 billion, a PE ratio of 46.66, a P/E/G ratio of 2.25 and a beta of 1.49. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,056.34.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.54. ASML had a return on equity of 56.99% and a net margin of 27.23%. The company had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.73 billion. On average, sell-side analysts anticipate that ASML Holding will post 20.04 EPS for the current year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were given a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date was Friday, April 26th. ASML’s payout ratio is currently 32.53%.

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.