Wealth Alliance Has $1.85 Million Position in ASML Holding (NASDAQ:ASML)

Wealth Alliance lifted its holdings in ASML Holding (NASDAQ:ASML) by 0.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,449 shares of the semiconductor company’s stock after buying an additional 15 shares during the period. Wealth Alliance’s holdings in ASML were worth $1,854,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. increased its position in ASML by 14.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 229,923 shares of the semiconductor company’s stock worth $153,573,000 after buying an additional 29,290 shares during the last quarter. Blair William & Co. IL raised its stake in shares of ASML by 5.5% in the 1st quarter. Blair William & Co. IL now owns 6,391 shares of the semiconductor company’s stock valued at $4,230,000 after acquiring an additional 336 shares in the last quarter. Cetera Investment Advisers lifted its holdings in ASML by 13.3% in the 1st quarter. Cetera Investment Advisers now owns 4,266 shares of the semiconductor company’s stock worth $2,849,000 after purchasing an additional 502 shares during the last quarter. Moors & Cabot Inc. acquired a new position in ASML during the first quarter valued at approximately $264,000. Finally, Dakota Wealth Management raised its position in shares of ASML by 35.2% in the first quarter. Dakota Wealth Management now owns 426 shares of the semiconductor company’s stock valued at $284,000 after purchasing an additional 111 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ASML shares. Sanford C. Bernstein lowered their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday. Evercore ISI began coverage on ASML in a report on Tuesday. They set an “outperform” rating for the company. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Susquehanna upped their target price on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research note on Friday, January 26th. Finally, Cantor Fitzgerald began coverage on shares of ASML in a report on Tuesday, January 23rd. They issued an “overweight” rating for the company. Five 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,036.00.

ASML Price Performance

Shares of ASML traded up $20.12 on Tuesday, hitting $974.94. The company’s stock had a trading volume of 887,408 shares, compared to its average volume of 1,187,813. The company has a market capitalization of $384.70 billion, a PE ratio of 45.32, a PEG ratio of 2.32 and a beta of 1.49. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The company has a 50 day moving average price of $959.51 and a 200 day moving average price of $787.55. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.96.

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

ASML Cuts Dividend

The business also recently disclosed 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 is Friday, April 26th. ASML’s payout ratio is presently 24.59%.

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.