Empirical Financial Services LLC d.b.a. Empirical Wealth Management Makes New $313,000 Investment in ASML Holding (NASDAQ:ASML)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in shares of ASML Holding (NASDAQ:ASML) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 414 shares of the semiconductor company’s stock, valued at approximately $313,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Carmel Capital Partners LLC boosted its stake in shares of ASML by 200.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 30 shares in the last quarter. Addison Advisors LLC grew its holdings in ASML by 220.0% during the third quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 33 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of ASML by 48.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after buying an additional 15 shares during the last quarter. Catalyst Capital Advisors LLC boosted its holdings in shares of ASML by 35.4% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock worth $38,000 after buying an additional 17 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. acquired a new position in ASML in the 4th quarter valued at $44,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Evercore ISI initiated coverage on ASML in a report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Sanford C. Bernstein reduced their price objective on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Cantor Fitzgerald assumed coverage on shares of ASML in a research report on Tuesday, January 23rd. They set an “overweight” rating on the stock. Finally, Wells Fargo & Company increased their price target on shares of ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.

ASML Trading Up 0.2 %

Shares of ASML stock opened at $913.54 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The company’s fifty day moving average price is $949.28 and its two-hundred day moving average price is $822.42. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,056.34. The firm has a market capitalization of $360.47 billion, a PE ratio of 46.66, a price-to-earnings-growth ratio of 2.25 and a beta of 1.49.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.54. The firm had revenue of $5.74 billion during the quarter, compared to analyst estimates of $5.73 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. On average, analysts expect that ASML Holding will post 20.04 EPS for the current year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were given a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date of this dividend was Friday, April 26th. ASML’s dividend payout ratio (DPR) is 32.53%.

ASML 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.