Heritage Investors Management Corp Buys Shares of 1,737 ASML Holding (NASDAQ:ASML)

Heritage Investors Management Corp purchased a new position in shares of ASML Holding (NASDAQ:ASML) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,737 shares of the semiconductor company’s stock, valued at approximately $1,315,000.

Several other institutional investors have also added to or reduced their stakes in ASML. Toth Financial Advisory Corp raised its position in ASML by 11.5% in the 4th quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after buying an additional 13 shares during the last quarter. Slow Capital Inc. boosted its holdings in ASML by 0.3% in the fourth quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock worth $3,336,000 after purchasing an additional 13 shares during the last quarter. Alera Investment Advisors LLC grew its position in ASML by 2.9% in the 4th quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock worth $372,000 after purchasing an additional 14 shares during the period. Marcum Wealth LLC raised its stake in ASML by 3.2% during the 4th quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock valued at $362,000 after buying an additional 15 shares during the last quarter. Finally, Allred Capital Management LLC lifted its holdings in shares of ASML by 1.4% during the 4th quarter. Allred Capital Management LLC now owns 1,080 shares of the semiconductor company’s stock valued at $817,000 after buying an additional 15 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Up 0.2 %

NASDAQ:ASML traded up $2.07 during midday trading on Thursday, reaching $913.54. 755,533 shares of the stock traded hands, compared to its average volume of 1,199,610. The business has a 50-day moving average of $949.28 and a two-hundred day moving average of $822.42. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,056.34. The stock 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 issued its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.54. The business had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. On average, equities analysts forecast that ASML Holding will post 20.04 earnings per share for the current fiscal year.

ASML Cuts Dividend

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

Analysts Set New Price Targets

ASML has been the subject of several recent research reports. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Raymond James boosted their price objective on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research report on Thursday, January 25th. Wells Fargo & Company increased their target price on ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Cantor Fitzgerald assumed coverage on ASML in a report on Tuesday, January 23rd. They issued an “overweight” rating on the stock. Finally, Susquehanna increased their price objective on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a report on Friday, January 26th. Four research 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 company has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.

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.