Heirloom Wealth Management Has $18.01 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

Heirloom Wealth Management increased its position in ASML Holding (NASDAQ:ASML) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,795 shares of the semiconductor company’s stock after purchasing an additional 321 shares during the quarter. ASML makes up 6.9% of Heirloom Wealth Management’s portfolio, making the stock its 6th largest holding. Heirloom Wealth Management’s holdings in ASML were worth $18,011,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ASML. Toth Financial Advisory Corp grew its position in shares of ASML by 11.5% during the 4th quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after buying an additional 13 shares during the period. Slow Capital Inc. grew its position in shares of ASML by 0.3% during the 4th quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock worth $3,336,000 after buying an additional 13 shares during the period. Alera Investment Advisors LLC grew its position in shares of ASML by 2.9% during the 4th quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock worth $372,000 after buying an additional 14 shares during the period. Apollon Wealth Management LLC grew its position in shares of ASML by 0.4% in the 4th quarter. Apollon Wealth Management LLC now owns 3,634 shares of the semiconductor company’s stock valued at $1,986,000 after purchasing an additional 15 shares during the period. Finally, Marcum Wealth LLC grew its position in shares of ASML by 3.2% in the 4th quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock valued at $362,000 after purchasing an additional 15 shares during the period. 26.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ASML shares. Wells Fargo & Company boosted their price objective on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Sanford C. Bernstein decreased their price objective on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Raymond James boosted their price objective on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research report on Thursday, January 25th. Kepler Capital Markets upgraded ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Finally, Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Five investment 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’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.

ASML Stock Performance

NASDAQ ASML traded down $29.49 on Friday, reaching $859.54. The stock had a trading volume of 2,485,810 shares, compared to its average volume of 1,249,986. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.96. The firm has a fifty day moving average of $958.18 and a two-hundred day moving average of $793.71. ASML Holding has a 1-year low of $563.99 and a 1-year high of $1,056.34. The company has a market cap of $339.17 billion, a P/E ratio of 43.90, a price-to-earnings-growth ratio of 2.20 and a beta of 1.48.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, beating analysts’ consensus estimates of $5.12 by $0.48. ASML had a return on equity of 59.10% and a net margin of 27.23%. The firm had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.34 billion. On average, equities research analysts anticipate that ASML Holding will post 20.4 EPS for the current year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be issued a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Friday, April 26th. ASML’s dividend payout ratio (DPR) is currently 27.02%.

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.