Cabot Wealth Management Inc. Has $3.08 Million Holdings in ASML Holding (NASDAQ:ASML)

Cabot Wealth Management Inc. reduced its position in ASML Holding (NASDAQ:ASML) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,439 shares of the semiconductor company’s stock after selling 42 shares during the quarter. Cabot Wealth Management Inc.’s holdings in ASML were worth $3,077,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of ASML. Fairway Wealth LLC bought a new position in shares of ASML in the 3rd quarter worth about $25,000. Milestone Investment Advisors LLC bought a new stake in ASML in the third quarter worth approximately $28,000. Kennebec Savings Bank lifted its stake in ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares during the period. Fortitude Family Office LLC grew its position in shares of ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after buying an additional 15 shares during the period. Finally, Brooklyn Investment Group bought a new stake in shares of ASML in the 3rd quarter valued at $43,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently issued reports on ASML. BNP Paribas initiated coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Wells Fargo & Company boosted their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Sanford C. Bernstein cut their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. cut their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Trading Down 0.8 %

NASDAQ ASML opened at $737.01 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $289.95 billion, a P/E ratio of 35.43, a PEG ratio of 1.64 and a beta of 1.47. The business has a fifty day simple moving average of $732.62 and a 200 day simple moving average of $758.80. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is 25.67%.

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.