FineMark National Bank & Trust Grows Holdings in ASML Holding (NASDAQ:ASML)

FineMark National Bank & Trust increased its stake in shares of ASML Holding (NASDAQ:ASML) by 3.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,689 shares of the semiconductor company’s stock after buying an additional 291 shares during the quarter. FineMark National Bank & Trust’s holdings in ASML were worth $6,022,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Modern Wealth Management LLC purchased a new position in ASML in the 4th quarter valued at $1,768,000. Dillon & Associates Inc. boosted its holdings in shares of ASML by 12.2% in the fourth quarter. Dillon & Associates Inc. now owns 1,682 shares of the semiconductor company’s stock valued at $1,166,000 after acquiring an additional 183 shares in the last quarter. Emerald Advisers LLC acquired a new position in shares of ASML during the fourth quarter worth about $383,000. LPL Financial LLC raised its holdings in ASML by 18.7% during the fourth quarter. LPL Financial LLC now owns 171,269 shares of the semiconductor company’s stock worth $119,094,000 after purchasing an additional 26,971 shares in the last quarter. Finally, Blueprint Investment Partners LLC acquired a new stake in ASML in the fourth quarter valued at about $241,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

ASML stock opened at $727.84 on Tuesday. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The firm has a market cap of $286.35 billion, a P/E ratio of 34.99, a PEG ratio of 1.62 and a beta of 1.54. The stock’s 50 day moving average price is $730.89 and its 200 day moving average price is $733.34. 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 (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 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%. On average, sell-side analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were paid a dividend of $1.5855 per share. 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 31.35%.

Wall Street Analyst Weigh In

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

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.