Corient Private Wealth LLC Buys 13,309 Shares of ASML Holding (NASDAQ:ASML)

Corient Private Wealth LLC increased its stake in shares of ASML Holding (NASDAQ:ASML) by 6.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 216,898 shares of the semiconductor company’s stock after acquiring an additional 13,309 shares during the quarter. Corient Private Wealth LLC owned approximately 0.06% of ASML worth $150,328,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Greenwich Wealth Management LLC boosted its stake in ASML by 23.6% during the fourth quarter. Greenwich Wealth Management LLC now owns 816 shares of the semiconductor company’s stock worth $565,000 after acquiring an additional 156 shares in the last quarter. Centurion Wealth Management LLC raised its holdings in shares of ASML by 15.7% in the fourth quarter. Centurion Wealth Management LLC now owns 435 shares of the semiconductor company’s stock valued at $302,000 after purchasing an additional 59 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of ASML by 5.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 12,754 shares of the semiconductor company’s stock valued at $8,840,000 after purchasing an additional 643 shares during the last quarter. Ironsides Asset Advisors LLC bought a new stake in ASML in the fourth quarter worth about $211,000. Finally, Avalon Trust Co raised its position in ASML by 1.5% in the fourth quarter. Avalon Trust Co now owns 14,324 shares of the semiconductor company’s stock worth $9,928,000 after acquiring an additional 214 shares during the period. 26.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have commented on the stock. JPMorgan Chase & Co. lowered their price objective 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. BNP Paribas started coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. 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. Sanford C. Bernstein lowered their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Finally, DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research 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 given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Price Performance

Shares of NASDAQ:ASML opened at $714.00 on Friday. The company has a 50 day moving average of $733.01 and a 200 day moving average of $739.83. The stock has a market cap of $280.90 billion, a P/E ratio of 34.33, a P/E/G ratio of 1.62 and a beta of 1.54. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 EPS 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 47.73%. As a group, sell-side analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

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

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.