FDx Advisors Inc. Boosts Holdings in ASML Holding (NASDAQ:ASML)

FDx Advisors Inc. raised its position in ASML Holding (NASDAQ:ASML) by 5.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 816 shares of the semiconductor company’s stock after acquiring an additional 45 shares during the quarter. FDx Advisors Inc.’s holdings in ASML were worth $566,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Fairway Wealth LLC purchased a new position in ASML in the third quarter worth approximately $25,000. Milestone Investment Advisors LLC purchased a new position in ASML in the third quarter worth approximately $28,000. Kennebec Savings Bank lifted its stake in ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 25 shares during the last quarter. Fortitude Family Office LLC lifted its stake in ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 15 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new position in ASML in the third quarter worth approximately $43,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ASML. JPMorgan Chase & Co. decreased their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. BNP Paribas assumed coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Wells Fargo & Company boosted 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. Sanford C. Bernstein reduced their price objective 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. Finally, DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Two 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. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Stock Performance

Shares of ASML stock opened at $743.09 on Friday. The firm’s fifty day simple moving average is $732.25 and its 200-day simple moving average is $759.97. The stock has a market capitalization of $292.35 billion, a price-to-earnings ratio of 35.73, a PEG ratio of 1.64 and a beta of 1.47. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

ASML (NASDAQ:ASML) last announced its 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 net margin of 26.78% and a return on equity of 47.73%. As a group, equities analysts forecast that ASML Holding will post 25.17 earnings per share for the current 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. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s payout ratio is presently 25.67%.

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.