ASML Holding (NASDAQ:ASML) Shares Acquired by Glenview Trust co

Glenview Trust co lifted its stake in ASML Holding (NASDAQ:ASML) by 94.5% in the 4th quarter, Holdings Channel reports. The firm owned 3,783 shares of the semiconductor company’s stock after purchasing an additional 1,838 shares during the quarter. Glenview Trust co’s holdings in ASML were worth $2,622,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ASML. Steigerwald Gordon & Koch Inc. grew its stake in ASML by 4.8% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after buying an additional 14 shares during the period. Cyndeo Wealth Partners LLC boosted its position in ASML by 0.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after purchasing an additional 14 shares during the period. Trust Point Inc. increased its holdings in ASML by 2.4% in the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock valued at $420,000 after purchasing an additional 14 shares in the last quarter. Sunpointe LLC raised its position in ASML by 1.3% in the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock valued at $772,000 after purchasing an additional 14 shares during the period. Finally, Family Capital Management Inc. lifted its stake in shares of ASML by 1.7% during the third quarter. Family Capital Management Inc. now owns 909 shares of the semiconductor company’s stock worth $757,000 after purchasing an additional 15 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $714.00 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock has a market capitalization of $280.90 billion, a price-to-earnings ratio of 34.33, a PEG ratio of 1.62 and a beta of 1.54. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company’s 50-day simple moving average is $733.01 and its 200-day simple moving average is $738.78.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. Equities analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s payout ratio is 31.35%.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. BNP Paribas assumed coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. JPMorgan Chase & Co. reduced their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Sanford C. Bernstein lowered 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. Wells Fargo & Company boosted their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.