332 Shares in ASML Holding (NASDAQ:ASML) Acquired by Dearborn Partners LLC

Dearborn Partners LLC bought a new stake in ASML Holding (NASDAQ:ASML) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 332 shares of the semiconductor company’s stock, valued at approximately $230,000.

Other hedge funds also recently modified their holdings of the company. Davis R M Inc. increased its position in ASML by 0.7% during the fourth quarter. Davis R M Inc. now owns 52,285 shares of the semiconductor company’s stock worth $36,238,000 after buying an additional 348 shares during the last quarter. Johnson Investment Counsel Inc. boosted its stake in shares of ASML by 26.3% during the 4th quarter. Johnson Investment Counsel Inc. now owns 82,646 shares of the semiconductor company’s stock worth $57,280,000 after acquiring an additional 17,187 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of ASML by 4.4% during the 4th quarter. Daiwa Securities Group Inc. now owns 6,839 shares of the semiconductor company’s stock valued at $4,740,000 after acquiring an additional 286 shares during the last quarter. Simplicity Wealth LLC bought a new position in shares of ASML in the 4th quarter valued at approximately $245,000. Finally, SLT Holdings LLC acquired a new stake in ASML in the 4th quarter worth approximately $1,105,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. JPMorgan Chase & Co. lowered their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. BNP Paribas assumed coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. Wells Fargo & Company boosted their target price 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 raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Finally, Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Stock Up 1.0 %

Shares of ASML opened at $690.21 on Wednesday. The firm has a market capitalization of $271.54 billion, a price-to-earnings ratio of 33.18, a PEG ratio of 1.62 and a beta of 1.54. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The business’s fifty day moving average price is $732.93 and its two-hundred day moving average price is $742.65.

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

ASML Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were paid a $1.5855 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is presently 31.35%.

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.