Crestwood Advisors Group LLC Acquires 136 Shares of ASML Holding (NASDAQ:ASML)

Crestwood Advisors Group LLC increased its holdings in ASML Holding (NASDAQ:ASML) by 23.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 727 shares of the semiconductor company’s stock after purchasing an additional 136 shares during the period. Crestwood Advisors Group LLC’s holdings in ASML were worth $504,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC increased its position in ASML by 34.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 5,823 shares of the semiconductor company’s stock valued at $4,852,000 after acquiring an additional 1,503 shares during the last quarter. J.W. Cole Advisors Inc. increased its position in ASML by 48.2% during the third quarter. J.W. Cole Advisors Inc. now owns 1,713 shares of the semiconductor company’s stock valued at $1,428,000 after acquiring an additional 557 shares during the last quarter. Inscription Capital LLC increased its position in ASML by 11.1% during the third quarter. Inscription Capital LLC now owns 439 shares of the semiconductor company’s stock valued at $366,000 after acquiring an additional 44 shares during the last quarter. Autumn Glory Partners LLC bought a new position in ASML during the third quarter valued at $339,000. Finally, Old Port Advisors increased its position in ASML by 5.4% during the third quarter. Old Port Advisors now owns 391 shares of the semiconductor company’s stock valued at $326,000 after acquiring an additional 20 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Sanford C. Bernstein cut their price objective 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. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note 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 target price for the company. JPMorgan Chase & Co. lowered their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Finally, Wells Fargo & Company boosted their target price on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned 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 Stock Down 0.8 %

NASDAQ:ASML opened at $730.19 on Wednesday. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The company has a 50-day moving average of $732.79 and a 200 day moving average of $756.35. The firm has a market cap of $287.27 billion, a PE ratio of 35.11, a price-to-earnings-growth 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.

ASML (NASDAQ:ASML) last released its quarterly earnings data 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 47.73% and a net margin of 26.78%. As a group, research analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were given a dividend of $1.5855 per share. This is a positive change 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%.

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.