ASML Holding (NASDAQ:ASML) Shares Bought by West Oak Capital LLC

West Oak Capital LLC raised its stake in ASML Holding (NASDAQ:ASML) by 6.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,588 shares of the semiconductor company’s stock after acquiring an additional 90 shares during the period. West Oak Capital LLC’s holdings in ASML were worth $1,541,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Fisher Asset Management LLC boosted its position in shares of ASML by 2.2% during the fourth 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. Sands Capital Management LLC boosted its position in shares of ASML by 8.1% during the fourth quarter. Sands Capital Management LLC now owns 1,617,083 shares of the semiconductor company’s stock worth $1,224,002,000 after buying an additional 121,847 shares during the period. Clearbridge Investments LLC boosted its position in shares of ASML by 2.7% during the fourth quarter. Clearbridge Investments LLC now owns 1,247,197 shares of the semiconductor company’s stock worth $944,028,000 after buying an additional 32,623 shares during the period. Massachusetts Financial Services Co. MA boosted its position in shares of ASML by 2.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,173,324 shares of the semiconductor company’s stock worth $888,112,000 after buying an additional 24,368 shares during the period. Finally, Jennison Associates LLC boosted its position in shares of ASML by 15.3% during the fourth quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock worth $867,549,000 after buying an additional 151,844 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on ASML shares. Wells Fargo & Company boosted their price objective on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. Evercore ISI initiated coverage on ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating for the company. Finally, Sanford C. Bernstein cut their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Three equities 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,043.00.

ASML Price Performance

Shares of NASDAQ ASML traded up $14.40 during trading on Tuesday, hitting $1,047.89. The company had a trading volume of 747,939 shares, compared to its average volume of 1,130,090. The company has a market cap of $413.49 billion, a P/E ratio of 53.38, a PEG ratio of 2.16 and a beta of 1.49. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,077.22. The business’s 50-day moving average is $967.63 and its 200 day moving average is $911.02. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.54. The company had revenue of $5.74 billion for the quarter, compared to analysts’ expectations of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Equities research analysts predict that ASML Holding will post 20.12 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were issued a $1.343 dividend. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a dividend yield of 0.51%. ASML’s dividend payout ratio is currently 32.48%.

ASML Company 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.