OneAscent Financial Services LLC Makes New $230,000 Investment in ASML Holding (NASDAQ:ASML)

OneAscent Financial Services LLC acquired a new stake in ASML Holding (NASDAQ:ASML) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 332 shares of the semiconductor company’s stock, valued at approximately $230,000.

Other institutional investors also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in ASML by 56.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 565 shares of the semiconductor company’s stock valued at $471,000 after buying an additional 205 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in ASML by 36.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,799 shares of the semiconductor company’s stock valued at $5,665,000 after acquiring an additional 1,830 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in ASML by 6.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 2,332 shares of the semiconductor company’s stock valued at $1,943,000 after purchasing an additional 148 shares during the last quarter. IHT Wealth Management LLC boosted its position in ASML by 28.2% during the third quarter. IHT Wealth Management LLC now owns 1,373 shares of the semiconductor company’s stock worth $1,139,000 after purchasing an additional 302 shares during the period. Finally, Morse Asset Management Inc acquired a new position in shares of ASML in the third quarter valued at $52,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented 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 upped their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. dropped their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Trading Down 2.8 %

Shares of ASML stock opened at $605.55 on Friday. The stock has a market cap of $238.24 billion, a P/E ratio of 29.11, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. ASML Holding has a 1 year low of $597.69 and a 1 year high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a 50 day simple moving average of $716.73 and a 200 day simple moving average of $726.98.

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 return on equity of 47.73% and a net margin of 26.78%. On average, research analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be given a $1.5855 dividend. The ex-dividend date of this dividend is Monday, April 28th. This is a boost from ASML’s previous dividend of $1.08. ASML’s payout ratio is presently 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.