Roberts Glore & Co. Inc. IL Makes New Investment in ASML Holding (NASDAQ:ASML)

Roberts Glore & Co. Inc. IL purchased a new position in ASML Holding (NASDAQ:ASML) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,020 shares of the semiconductor company’s stock, valued at approximately $707,000.

Several other institutional investors and hedge funds have also recently modified their holdings of ASML. Concurrent Investment Advisors LLC raised its stake in shares of ASML by 12.4% in the third quarter. Concurrent Investment Advisors LLC now owns 1,262 shares of the semiconductor company’s stock worth $1,051,000 after purchasing an additional 139 shares during the last quarter. Graypoint LLC raised its stake in shares of ASML by 54.8% in the third quarter. Graypoint LLC now owns 325 shares of the semiconductor company’s stock worth $270,000 after purchasing an additional 115 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of ASML by 104.4% in the third quarter. Principal Financial Group Inc. now owns 7,009 shares of the semiconductor company’s stock worth $5,840,000 after purchasing an additional 3,580 shares during the last quarter. Portside Wealth Group LLC raised its stake in shares of ASML by 14.0% in the third quarter. Portside Wealth Group LLC now owns 1,340 shares of the semiconductor company’s stock worth $1,117,000 after purchasing an additional 165 shares during the last quarter. Finally, Hollencrest Capital Management raised its stake in shares of ASML by 17.5% in the third quarter. Hollencrest Capital Management now owns 336 shares of the semiconductor company’s stock worth $280,000 after purchasing an additional 50 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

NASDAQ:ASML opened at $732.22 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The business has a fifty day simple moving average of $733.25 and a two-hundred day simple moving average of $747.14. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The company has a market capitalization of $288.07 billion, a P/E ratio of 35.20, a P/E/G ratio of 1.62 and a beta of 1.54.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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, analysts expect that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were given a $1.5855 dividend. 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 (DPR) is currently 31.35%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ASML. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company increased their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. JPMorgan Chase & Co. decreased their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Sanford C. Bernstein decreased their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Finally, BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target for the company. Two 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’s stock. According to data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

About ASML

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.