SeaBridge Investment Advisors LLC Raises Stock Position in ASML Holding (NASDAQ:ASML)

SeaBridge Investment Advisors LLC grew its holdings in ASML Holding (NASDAQ:ASML) by 50.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,156 shares of the semiconductor company’s stock after acquiring an additional 1,388 shares during the period. SeaBridge Investment Advisors LLC’s holdings in ASML were worth $2,880,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Dohj LLC boosted its position in shares of ASML by 30.8% during the fourth quarter. Dohj LLC now owns 1,474 shares of the semiconductor company’s stock worth $1,021,000 after acquiring an additional 347 shares during the last quarter. Marietta Wealth Management LLC lifted its stake in ASML by 9.4% in the 4th quarter. Marietta Wealth Management LLC now owns 9,280 shares of the semiconductor company’s stock worth $6,432,000 after purchasing an additional 801 shares in the last quarter. Concord Wealth Partners boosted its holdings in shares of ASML by 5,783.3% during the 4th quarter. Concord Wealth Partners now owns 353 shares of the semiconductor company’s stock valued at $245,000 after purchasing an additional 347 shares during the last quarter. Concord Asset Management LLC VA purchased a new position in shares of ASML during the fourth quarter valued at about $242,000. Finally, Clear Creek Financial Management LLC increased its holdings in shares of ASML by 150.2% in the fourth quarter. Clear Creek Financial Management LLC now owns 1,041 shares of the semiconductor company’s stock worth $721,000 after purchasing an additional 625 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML opened at $739.31 on Friday. The company has a 50 day moving average of $719.37 and a two-hundred day moving average of $775.53. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The company has a market cap of $290.86 billion, a price-to-earnings ratio of 35.54, a price-to-earnings-growth ratio of 2.25 and a beta of 1.47.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) 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 50.53%. As a group, analysts predict that ASML Holding will post 25.07 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be issued a dividend of $1.6414 per share. This represents a $6.57 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend is Monday, April 28th. This is a boost from ASML’s previous quarterly dividend of $1.41. ASML’s dividend payout ratio (DPR) is 26.83%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on ASML shares. JPMorgan Chase & Co. lowered their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday. BNP Paribas assumed coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Thursday. Wells Fargo & Company raised their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Finally, Susquehanna cut their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

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.