ASML Holding (NASDAQ:ASML) Shares Acquired by Marietta Wealth Management LLC

Marietta Wealth Management LLC grew its position in ASML Holding (NASDAQ:ASML) by 1.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,662 shares of the semiconductor company’s stock after purchasing an additional 85 shares during the period. Marietta Wealth Management LLC’s holdings in ASML were worth $6,556,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ASML. Townsquare Capital LLC raised its position in shares of ASML by 11.5% in the 3rd quarter. Townsquare Capital LLC now owns 8,516 shares of the semiconductor company’s stock valued at $5,013,000 after purchasing an additional 881 shares in the last quarter. Savoie Capital LLC acquired a new position in shares of ASML in the 3rd quarter valued at approximately $14,658,000. International Assets Investment Management LLC raised its position in shares of ASML by 48,040.7% in the 4th quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock valued at $186,202,000 after purchasing an additional 245,488 shares in the last quarter. CenterBook Partners LP raised its position in shares of ASML by 69.2% in the 3rd quarter. CenterBook Partners LP now owns 11,529 shares of the semiconductor company’s stock valued at $6,787,000 after purchasing an additional 4,716 shares in the last quarter. Finally, Griffin Asset Management Inc. raised its position in shares of ASML by 9.3% in the 4th quarter. Griffin Asset Management Inc. now owns 19,608 shares of the semiconductor company’s stock valued at $14,842,000 after purchasing an additional 1,661 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Trading Up 2.3 %

Shares of NASDAQ ASML traded up $21.88 during mid-day trading on Tuesday, hitting $976.70. 627,654 shares of the company traded hands, compared to its average volume of 1,184,291. The stock has a market capitalization of $385.40 billion, a price-to-earnings ratio of 44.39, a PEG ratio of 2.32 and a beta of 1.49. ASML Holding has a 1 year low of $563.99 and a 1 year high of $1,056.34. The company has a quick ratio of 0.96, a current ratio of 1.50 and a debt-to-equity ratio of 0.34. The business has a 50 day moving average of $959.51 and a two-hundred day moving average of $787.55.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, beating the consensus estimate of $5.12 by $0.48. ASML had a return on equity of 68.32% and a net margin of 28.44%. The firm had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.34 billion. On average, sell-side analysts anticipate that ASML Holding will post 20.46 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be given a $1.343 dividend. This represents a $5.37 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s payout ratio is currently 24.59%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ASML. Sanford C. Bernstein lowered their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a report on Friday. Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Kepler Capital Markets upgraded ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Cantor Fitzgerald began coverage on ASML in a report on Tuesday, January 23rd. They issued an “overweight” rating for the company. Finally, HSBC assumed coverage on ASML in a report on Thursday, February 22nd. They issued a “buy” rating for the company. Five analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,036.00.

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.