ASML Holding (NASDAQ:ASML) Stock Position Lifted by Stokes Family Office LLC

Stokes Family Office LLC lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 4.5% during the first quarter, Holdings Channel.com reports. The firm owned 372 shares of the semiconductor company’s stock after acquiring an additional 16 shares during the period. Stokes Family Office LLC’s holdings in ASML were worth $361,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. First PREMIER Bank raised its position in shares of ASML by 4.2% during the 1st quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock worth $265,000 after buying an additional 11 shares in the last quarter. Investment Partners LTD. raised its holdings in shares of ASML by 1.2% during the first quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock valued at $871,000 after acquiring an additional 11 shares during the period. Toth Financial Advisory Corp boosted its stake in ASML by 11.5% in the 4th quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after purchasing an additional 13 shares during the period. Slow Capital Inc. grew its holdings in shares of ASML by 0.3% during the fourth quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock valued at $3,336,000 after buying an additional 13 shares in the last quarter. Finally, Miracle Mile Advisors LLC increased its holdings in shares of ASML by 4.7% in the 1st quarter. Miracle Mile Advisors LLC now owns 287 shares of the semiconductor company’s stock valued at $279,000 after purchasing an additional 13 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the topic of a number of research reports. Wells Fargo & Company upped their target price on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. Evercore ISI initiated coverage on ASML in a research report on Tuesday, April 16th. They set an “outperform” rating for the company. Susquehanna increased their price objective on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday. Finally, Sanford C. Bernstein reduced their price objective 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 investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,083.00.

ASML Stock Up 2.1 %

Shares of NASDAQ:ASML traded up $22.76 during trading on Friday, hitting $1,085.26. 1,053,255 shares of the company’s stock traded hands, compared to its average volume of 1,120,328. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,110.09. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The company has a market cap of $428.23 billion, a price-to-earnings ratio of 55.43, a price-to-earnings-growth ratio of 2.32 and a beta of 1.49. The company has a 50-day moving average price of $1,000.17 and a 200-day moving average price of $929.05.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.54. ASML had a return on equity of 56.99% and a net margin of 27.23%. The business had revenue of $5.74 billion for the quarter, compared to analysts’ expectations of $5.73 billion. As a group, research analysts forecast that ASML Holding will post 20.12 EPS 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 given a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a dividend yield of 0.49%. The ex-dividend date was Friday, April 26th. ASML’s dividend payout ratio (DPR) is 32.53%.

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.