Global Retirement Partners LLC Has $3.90 Million Holdings in ASML Holding (NASDAQ:ASML)

Global Retirement Partners LLC lessened its position in shares of ASML Holding (NASDAQ:ASML) by 19.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,627 shares of the semiconductor company’s stock after selling 1,320 shares during the period. Global Retirement Partners LLC’s holdings in ASML were worth $3,900,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in ASML. Allspring Global Investments Holdings LLC boosted its holdings in shares of ASML by 34.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 5,823 shares of the semiconductor company’s stock worth $4,852,000 after acquiring an additional 1,503 shares during the period. Trilogy Capital Inc. bought a new stake in shares of ASML in the third quarter valued at approximately $215,000. Eastern Bank boosted its stake in shares of ASML by 4.9% in the third quarter. Eastern Bank now owns 648 shares of the semiconductor company’s stock valued at $540,000 after buying an additional 30 shares during the period. Leo Wealth LLC boosted its stake in shares of ASML by 19.4% in the third quarter. Leo Wealth LLC now owns 430 shares of the semiconductor company’s stock valued at $358,000 after buying an additional 70 shares during the period. Finally, Waldron Private Wealth LLC boosted its stake in shares of ASML by 26.7% in the third quarter. Waldron Private Wealth LLC now owns 536 shares of the semiconductor company’s stock valued at $447,000 after buying an additional 113 shares during the period. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on ASML. BNP Paribas began coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Wells Fargo & Company boosted their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. cut their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Finally, Sanford C. Bernstein lowered their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Up 0.1 %

Shares of NASDAQ:ASML opened at $744.80 on Thursday. The company has a fifty day moving average of $731.65 and a 200-day moving average of $760.09. The company has a market capitalization of $293.02 billion, a PE ratio of 35.81, a price-to-earnings-growth ratio of 1.65 and a beta of 1.47. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09.

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

ASML Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio is presently 25.67%.

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.