Abundance Wealth Counselors Purchases 73 Shares of ASML Holding (NASDAQ:ASML)

Abundance Wealth Counselors grew its holdings in shares of ASML Holding (NASDAQ:ASML) by 12.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 668 shares of the semiconductor company’s stock after buying an additional 73 shares during the quarter. Abundance Wealth Counselors’ holdings in ASML were worth $463,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fairway Wealth LLC purchased a new position in shares of ASML during the third quarter worth approximately $25,000. Kennebec Savings Bank grew its stake in ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 25 shares in the last quarter. Milestone Investment Advisors LLC purchased a new position in ASML during the 3rd quarter worth $28,000. Fortitude Family Office LLC raised its position in ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares in the last quarter. Finally, Albion Financial Group UT lifted its holdings in shares of ASML by 133.3% in the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after buying an additional 32 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Up 0.3 %

ASML stock opened at $739.31 on Friday. The business has a fifty day moving average price of $719.37 and a 200-day moving average price of $775.53. 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 $290.86 billion, a price-to-earnings ratio of 35.54, a PEG ratio of 2.25 and a beta of 1.47. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 50.53% and a net margin of 26.78%. Equities research analysts forecast that ASML Holding will post 25.07 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be issued a $1.6414 dividend. The ex-dividend date of this dividend is Monday, April 28th. This represents a $6.57 dividend on an annualized basis and a dividend yield of 0.89%. This is a boost from ASML’s previous quarterly dividend of $1.41. ASML’s dividend payout ratio (DPR) is currently 26.83%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ASML. Susquehanna decreased their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday. JPMorgan Chase & Co. dropped 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 note on Thursday. Wells Fargo & Company boosted their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Finally, Sanford C. Bernstein cut their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

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.