BKM Wealth Management LLC Grows Stake in ASML Holding (NASDAQ:ASML)

BKM Wealth Management LLC lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 15.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,110 shares of the semiconductor company’s stock after purchasing an additional 150 shares during the period. BKM Wealth Management LLC’s holdings in ASML were worth $769,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Fairway Wealth LLC purchased a new stake in ASML during the 3rd quarter valued at about $25,000. Milestone Investment Advisors LLC acquired a new position in shares of ASML in the 3rd quarter worth approximately $28,000. Kennebec Savings Bank boosted its position in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 25 shares during the period. Fortitude Family Office LLC boosted 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 purchasing an additional 15 shares during the period. Finally, Brooklyn Investment Group purchased a new position in shares of ASML during the 3rd quarter worth approximately $43,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ:ASML opened at $751.55 on Tuesday. The firm has a 50 day simple moving average of $729.36 and a 200-day simple moving average of $761.58. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The firm has a market cap of $295.67 billion, a PE ratio of 36.13, a P/E/G ratio of 1.63 and a beta of 1.47. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last posted its quarterly earnings data 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 net margin of 26.78% and a return on equity of 47.73%. On average, equities analysts expect that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be given a dividend of $1.5855 per share. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date is Tuesday, February 11th. ASML’s dividend payout ratio is 26.83%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. BNP Paribas began 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 lifted their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Finally, Sanford C. Bernstein lowered their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Three investment 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 MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus 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.