ASML Holding (NASDAQ:ASML) Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its holdings in shares of ASML Holding (NASDAQ:ASML) by 0.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 239,491 shares of the semiconductor company’s stock after buying an additional 319 shares during the period. Bank of New York Mellon Corp’s holdings in ASML were worth $165,986,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Fairway Wealth LLC purchased a new stake in shares of ASML during the third quarter worth about $25,000. Kennebec Savings Bank boosted its stake in ASML by 227.3% in the 4th 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 stake in ASML during the 3rd quarter worth approximately $28,000. Albion Financial Group UT increased its stake in ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 32 shares in the last quarter. Finally, Roxbury Financial LLC purchased a new position in shares of ASML in the fourth quarter worth $39,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on ASML shares. 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. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective on the stock. Sanford C. Bernstein decreased their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. reduced their price target on shares of 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. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Price Performance

Shares of ASML stock opened at $697.70 on Friday. The firm has a market cap of $274.49 billion, a PE ratio of 33.54, a P/E/G ratio of 1.62 and a beta of 1.47. The business has a 50-day moving average price of $733.09 and a 200 day moving average price of $755.88. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09.

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 net margin of 26.78% and a return on equity of 47.73%. Sell-side analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 31.35%.

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.