Asset Dedication LLC Has $395,000 Holdings in ASML Holding (NASDAQ:ASML)

Asset Dedication LLC decreased its position in ASML Holding (NASDAQ:ASML) by 24.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 570 shares of the semiconductor company’s stock after selling 187 shares during the period. Asset Dedication LLC’s holdings in ASML were worth $395,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of ASML. AQR Capital Management LLC boosted its position in shares of ASML by 41.1% during the 2nd quarter. AQR Capital Management LLC now owns 1,974 shares of the semiconductor company’s stock valued at $2,019,000 after purchasing an additional 575 shares in the last quarter. EP Wealth Advisors LLC boosted its holdings in shares of ASML by 17.0% during the 2nd quarter. EP Wealth Advisors LLC now owns 1,593 shares of the semiconductor company’s stock worth $1,629,000 after buying an additional 232 shares in the last quarter. Pathway Financial Advisers LLC grew its position in shares of ASML by 50.0% during the 2nd quarter. Pathway Financial Advisers LLC now owns 117 shares of the semiconductor company’s stock worth $114,000 after buying an additional 39 shares during the period. Truist Financial Corp increased its stake in shares of ASML by 5.4% in the 2nd quarter. Truist Financial Corp now owns 39,971 shares of the semiconductor company’s stock valued at $40,880,000 after acquiring an additional 2,052 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of ASML by 5.7% during the 2nd quarter. Cetera Investment Advisers now owns 24,692 shares of the semiconductor company’s stock valued at $25,254,000 after acquiring an additional 1,341 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of NASDAQ:ASML opened at $712.65 on Thursday. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The stock has a market cap of $280.37 billion, a PE ratio of 37.31, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. The stock’s fifty day simple moving average is $715.62 and its two-hundred day simple moving average is $778.53. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.61% and a net margin of 26.40%. As a group, analysts forecast that ASML Holding will post 20.54 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have weighed in on ASML. Susquehanna decreased their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. decreased their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Three analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average target price of $946.60.

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.