Marietta Wealth Management LLC Has $6.43 Million Stake in ASML Holding (NASDAQ:ASML)

Marietta Wealth Management LLC lifted its holdings in shares of ASML Holding (NASDAQ:ASML) by 9.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,280 shares of the semiconductor company’s stock after acquiring an additional 801 shares during the quarter. Marietta Wealth Management LLC’s holdings in ASML were worth $6,432,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC increased its holdings in shares of ASML by 1.0% in the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after purchasing an additional 31,879 shares during the last quarter. Edgewood Management LLC boosted its holdings in shares of ASML by 3.3% during the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after buying an additional 70,776 shares during the period. Van ECK Associates Corp grew its stake 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 valued at $1,464,061,000 after buying an additional 474,653 shares during the last quarter. Windacre Partnership LLC raised its holdings in ASML by 4.0% in the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock valued at $553,361,000 after acquiring an additional 25,600 shares during the period. Finally, International Assets Investment Management LLC lifted its position in ASML by 94,079.7% during the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after acquiring an additional 491,096 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the topic of several research reports. Wells Fargo & Company upped their target price on 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 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. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday. Susquehanna decreased their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. Finally, BNP Paribas assumed coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Trading Up 0.3 %

Shares of ASML stock opened at $739.31 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The company 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 firm’s 50-day moving average price is $719.37 and its two-hundred day moving average price is $775.53.

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

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be issued a dividend of $1.6414 per share. The ex-dividend date 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 payout ratio is 26.83%.

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.