Kovack Advisors Inc. Acquires 182 Shares of ASML Holding (NASDAQ:ASML)

Kovack Advisors Inc. grew its holdings in ASML Holding (NASDAQ:ASML) by 39.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 649 shares of the semiconductor company’s stock after purchasing an additional 182 shares during the period. Kovack Advisors Inc.’s holdings in ASML were worth $450,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Steigerwald Gordon & Koch Inc. grew its position in ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after acquiring an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC grew 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 acquiring an additional 14 shares during the last quarter. Trust Point Inc. grew its position in ASML by 2.4% during the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after acquiring an additional 14 shares during the last quarter. Sunpointe LLC grew its position in ASML by 1.3% during the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock worth $772,000 after acquiring an additional 14 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its position in ASML by 1.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company’s stock worth $768,000 after acquiring an additional 15 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company boosted their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Sanford C. Bernstein reduced their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. 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. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. cut their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report 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 issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Up 1.6 %

Shares of NASDAQ:ASML opened at $708.71 on Friday. The company has a market capitalization of $278.82 billion, a price-to-earnings ratio of 34.07, a P/E/G ratio of 1.62 and a beta of 1.47. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The business’s 50-day moving average is $733.15 and its 200-day moving average is $754.88. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data 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 net margin of 26.78% and a return on equity of 47.73%. Equities research analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

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

ASML 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.