Oppenheimer Asset Management Inc. Raises Stock Holdings in ASML Holding (NASDAQ:ASML)

Oppenheimer Asset Management Inc. raised its stake in shares of ASML Holding (NASDAQ:ASML) by 30.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,654 shares of the semiconductor company’s stock after purchasing an additional 8,313 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in ASML were worth $24,711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Van ECK Associates Corp lifted its position in ASML by 37.0% in the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after buying an additional 474,653 shares during the last quarter. Fisher Funds Management LTD bought a new stake in shares of ASML in the 4th quarter worth approximately $137,386,000. SG Americas Securities LLC boosted its stake in shares of ASML by 281.3% in the 4th quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock valued at $108,601,000 after purchasing an additional 115,603 shares in the last quarter. Westfield Capital Management Co. LP grew its holdings in shares of ASML by 126.4% during the 3rd quarter. Westfield Capital Management Co. LP now owns 148,377 shares of the semiconductor company’s stock valued at $123,635,000 after purchasing an additional 82,836 shares during the last quarter. Finally, Empirical Asset Management LLC grew its holdings in shares of ASML by 2,825.3% during the 4th quarter. Empirical Asset Management LLC now owns 84,191 shares of the semiconductor company’s stock valued at $58,351,000 after purchasing an additional 81,313 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

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

ASML Stock Up 2.3 %

ASML stock opened at $746.93 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The stock has a market capitalization of $293.86 billion, a P/E ratio of 35.91, a P/E/G ratio of 1.62 and a beta of 1.47. The business has a fifty day moving average price of $733.34 and a 200-day moving average price of $756.28.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Equities analysts forecast 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. Shareholders of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is currently 31.35%.

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.