ASML Holding (NASDAQ:ASML) Shares Sold by Fulton Breakefield Broenniman LLC

Fulton Breakefield Broenniman LLC decreased its holdings in shares of ASML Holding (NASDAQ:ASML) by 4.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 561 shares of the semiconductor company’s stock after selling 27 shares during the quarter. Fulton Breakefield Broenniman LLC’s holdings in ASML were worth $425,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Private Trust Co. NA lifted its holdings in ASML by 49.3% in the 3rd quarter. Private Trust Co. NA now owns 515 shares of the semiconductor company’s stock worth $303,000 after buying an additional 170 shares in the last quarter. Aaron Wealth Advisors LLC raised its stake in shares of ASML by 12.9% in the 3rd quarter. Aaron Wealth Advisors LLC now owns 690 shares of the semiconductor company’s stock valued at $406,000 after purchasing an additional 79 shares in the last quarter. Ballentine Partners LLC raised its stake in shares of ASML by 2.4% in the 3rd quarter. Ballentine Partners LLC now owns 2,161 shares of the semiconductor company’s stock valued at $1,272,000 after purchasing an additional 50 shares in the last quarter. Ropes Wealth Advisors LLC raised its stake in shares of ASML by 3.4% in the 3rd quarter. Ropes Wealth Advisors LLC now owns 1,143 shares of the semiconductor company’s stock valued at $673,000 after purchasing an additional 38 shares in the last quarter. Finally, Solidarity Wealth LLC raised its stake in shares of ASML by 114.9% in the 3rd quarter. Solidarity Wealth LLC now owns 7,650 shares of the semiconductor company’s stock valued at $4,503,000 after purchasing an additional 4,090 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ASML. Wells Fargo & Company upped their target price on shares of ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Susquehanna boosted their price objective on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research report on Friday, January 26th. Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. Raymond James upped their target price on shares of ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 25th. Finally, Sanford C. Bernstein decreased their target price on shares of 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. Four 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 company’s stock. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average price target of $1,036.00.

ASML Stock Up 2.0 %

Shares of NASDAQ:ASML traded up $18.32 during trading on Friday, reaching $918.97. 865,078 shares of the company traded hands, compared to its average volume of 1,204,430. The firm has a fifty day simple moving average of $955.61 and a 200 day simple moving average of $804.52. The firm has a market cap of $362.62 billion, a P/E ratio of 46.93, a price-to-earnings-growth ratio of 2.25 and a beta of 1.48. 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 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.12 by $0.48. The company had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.34 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. Analysts anticipate that ASML Holding will post 20.04 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be issued a dividend of $1.343 per share. The ex-dividend date of this dividend is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.58%. ASML’s dividend payout ratio is currently 27.02%.

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.