SlateStone Wealth LLC Has $6.14 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

SlateStone Wealth LLC boosted its stake in ASML Holding (NASDAQ:ASML) by 10.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,858 shares of the semiconductor company’s stock after purchasing an additional 854 shares during the quarter. SlateStone Wealth LLC’s holdings in ASML were worth $6,139,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Kennebec Savings Bank raised its position 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 period. Wellington Shields & Co. LLC boosted its stake in shares of ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of ASML in the 4th quarter worth about $31,000. Brooklyn Investment Group purchased a new stake in shares of ASML in the 3rd quarter worth about $43,000. Finally, Itau Unibanco Holding S.A. bought a new position in shares of ASML in the 3rd quarter worth about $43,000. 26.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on ASML shares. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company raised their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. BNP Paribas assumed coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective on the stock. 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 report on Thursday, January 30th. Finally, Sanford C. Bernstein lowered their price target 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. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Price Performance

Shares of NASDAQ:ASML opened at $714.00 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The company’s 50 day moving average is $733.01 and its 200 day moving average is $739.83. The company has a market cap of $280.90 billion, a PE ratio of 34.33, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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%. On average, sell-side analysts forecast that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. 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 dividend payout ratio (DPR) is 31.35%.

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.