ASML Holding (NASDAQ:ASML) Shares Purchased by SeaBridge Investment Advisors LLC

SeaBridge Investment Advisors LLC raised its position in ASML Holding (NASDAQ:ASML) by 50.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,156 shares of the semiconductor company’s stock after acquiring an additional 1,388 shares during the quarter. SeaBridge Investment Advisors LLC’s holdings in ASML were worth $2,880,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Fairway Wealth LLC purchased a new position in shares of ASML in the third quarter worth about $25,000. Kennebec Savings Bank raised its holdings in ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 25 shares during the last quarter. Milestone Investment Advisors LLC purchased a new position in ASML in the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC boosted its holdings in shares of ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares during the last quarter. Finally, Albion Financial Group UT grew its position in shares of ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 32 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Up 0.3 %

ASML stock opened at $739.31 on Friday. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The stock has a market cap of $290.86 billion, a PE ratio of 35.54, a P/E/G ratio of 2.25 and a beta of 1.47. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The stock’s fifty day moving average is $719.37 and its two-hundred day moving average is $775.53.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 50.53%. On average, sell-side analysts expect that ASML Holding will post 25.07 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be paid a dividend of $1.6414 per share. The ex-dividend date is Monday, April 28th. This represents a $6.57 dividend on an annualized basis and a yield of 0.89%. This is an increase from ASML’s previous quarterly dividend of $1.41. ASML’s dividend payout ratio (DPR) is currently 26.83%.

Analysts Set New Price Targets

ASML has been the topic of several recent research reports. Wells Fargo & Company boosted their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Susquehanna decreased their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Sanford C. Bernstein cut their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday. Finally, JPMorgan Chase & Co. reduced their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average target price of $937.00.

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.