Private Wealth Partners LLC Invests $294,000 in ASML Holding (NASDAQ:ASML)

Private Wealth Partners LLC purchased a new position in ASML Holding (NASDAQ:ASML) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 389 shares of the semiconductor company’s stock, valued at approximately $294,000.

Other large investors have also recently made changes to their positions in the company. FMR LLC raised its position in ASML by 3.6% during the third quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock valued at $2,123,710,000 after purchasing an additional 126,413 shares in the last quarter. Sands Capital Management LLC raised its position in ASML by 7.6% during the third quarter. Sands Capital Management LLC now owns 1,495,236 shares of the semiconductor company’s stock valued at $880,186,000 after purchasing an additional 105,339 shares in the last quarter. Clearbridge Investments LLC raised its position in ASML by 2.0% during the third quarter. Clearbridge Investments LLC now owns 1,214,574 shares of the semiconductor company’s stock valued at $714,971,000 after purchasing an additional 23,783 shares in the last quarter. Jennison Associates LLC raised its position in ASML by 15.3% during the fourth quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock valued at $867,549,000 after purchasing an additional 151,844 shares in the last quarter. Finally, Van ECK Associates Corp raised its position in ASML by 34.6% during the third quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company’s stock valued at $628,344,000 after purchasing an additional 274,562 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Trading Up 2.0 %

ASML stock traded up $18.32 during midday trading on Friday, reaching $918.97. 865,078 shares of the stock traded hands, compared to its average volume of 1,204,430. The company has a 50-day simple moving average of $955.61 and a two-hundred day simple moving average of $804.52. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,056.34. The firm has a market cap of $362.62 billion, a PE ratio of 46.93, a price-to-earnings-growth ratio of 2.25 and a beta of 1.48. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33.

ASML (NASDAQ:ASML) last announced its earnings results 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 56.99% and a net margin of 27.23%. The company had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.34 billion. Research analysts expect that ASML Holding will post 20.04 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be paid a $1.343 dividend. This represents a $5.37 annualized dividend and a dividend yield of 0.58%. The ex-dividend date is Friday, April 26th. ASML’s payout ratio is presently 27.02%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on ASML shares. Raymond James lifted their price objective on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a report on Thursday, January 25th. Evercore ISI started coverage on ASML in a report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Cantor Fitzgerald started coverage on ASML in a report on Tuesday, January 23rd. They issued an “overweight” rating on the stock. Finally, Wells Fargo & Company lifted their price objective on ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,036.00.

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.