Wealth Alliance Has $1.42 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

Wealth Alliance trimmed its holdings in ASML Holding (NASDAQ:ASML) by 9.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,053 shares of the semiconductor company’s stock after selling 208 shares during the quarter. Wealth Alliance’s holdings in ASML were worth $1,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in ASML. Allspring Global Investments Holdings LLC lifted its stake in shares of ASML by 34.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,823 shares of the semiconductor company’s stock valued at $4,852,000 after purchasing an additional 1,503 shares during the period. Trilogy Capital Inc. acquired a new position in ASML during the 3rd quarter worth approximately $215,000. Eastern Bank raised its stake in ASML by 4.9% during the 3rd quarter. Eastern Bank now owns 648 shares of the semiconductor company’s stock worth $540,000 after buying an additional 30 shares during the period. Leo Wealth LLC raised its stake in ASML by 19.4% during the 3rd quarter. Leo Wealth LLC now owns 430 shares of the semiconductor company’s stock worth $358,000 after buying an additional 70 shares during the period. Finally, Waldron Private Wealth LLC raised its stake in ASML by 26.7% during the 3rd quarter. Waldron Private Wealth LLC now owns 536 shares of the semiconductor company’s stock worth $447,000 after buying an additional 113 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on ASML shares. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. JPMorgan Chase & Co. dropped their price target on 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, Wells Fargo & Company increased their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Stock Performance

Shares of ASML stock opened at $744.80 on Thursday. The company has a market cap of $293.02 billion, a PE ratio of 35.81, a price-to-earnings-growth ratio of 1.65 and a beta of 1.47. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The business has a 50 day moving average price of $731.65 and a 200-day moving average price of $760.09. 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 (NASDAQ:ASML) last released its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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%. Equities analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

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

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.