ASML Holding (NASDAQ:ASML) Shares Bought by Stockman Wealth Management Inc.

Stockman Wealth Management Inc. lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 11.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,055 shares of the semiconductor company’s stock after buying an additional 1,694 shares during the quarter. ASML comprises about 1.9% of Stockman Wealth Management Inc.’s holdings, making the stock its 16th biggest holding. Stockman Wealth Management Inc.’s holdings in ASML were worth $11,820,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of ASML. Fairway Wealth LLC purchased a new stake in shares of ASML during the 3rd quarter worth approximately $25,000. Kennebec Savings Bank raised its position in ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the last quarter. Milestone Investment Advisors LLC purchased a new stake in ASML in the 3rd quarter valued at $28,000. Fortitude Family Office LLC raised its position in ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares during the last quarter. Finally, Albion Financial Group UT raised its position in ASML by 133.3% in the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 32 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

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

ASML Stock Performance

NASDAQ:ASML opened at $727.70 on Friday. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The stock has a market cap of $286.29 billion, a PE ratio of 34.99, a price-to-earnings-growth ratio of 1.63 and a beta of 1.47. The firm’s fifty day simple moving average is $725.13 and its 200-day simple moving average is $767.97.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. Analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be paid a $1.5855 dividend. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Tuesday, February 11th. ASML’s dividend payout ratio is presently 26.83%.

ASML 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.