Belpointe Asset Management LLC Grows Stock Position in ASML Holding (NASDAQ:ASML)

Belpointe Asset Management LLC increased its position in shares of ASML Holding (NASDAQ:ASML) by 4.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,164 shares of the semiconductor company’s stock after purchasing an additional 46 shares during the quarter. Belpointe Asset Management LLC’s holdings in ASML were worth $807,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Kennebec Savings Bank grew its position in shares of 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 purchasing an additional 25 shares in the last quarter. Wellington Shields & Co. LLC boosted its stake in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after buying an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in ASML in the 4th quarter valued at $31,000. Albion Financial Group UT increased its stake in shares of ASML by 133.3% in the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC purchased a new position in shares of ASML during the 4th quarter worth $39,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Performance

Shares of ASML stock opened at $683.16 on Wednesday. ASML Holding has a one year low of $578.51 and a one year high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The firm’s 50 day moving average price is $703.70 and its 200-day moving average price is $716.63. The firm has a market cap of $268.77 billion, a P/E ratio of 32.84, a P/E/G ratio of 1.62 and a beta of 1.67.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, equities research analysts predict that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be paid a dividend of $1.5855 per share. The ex-dividend date of this dividend is Monday, April 28th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is 31.35%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ASML. JPMorgan Chase & Co. dropped 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 report on Thursday, January 30th. Wells Fargo & Company increased their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Finally, DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Two equities research 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’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $937.00.

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.