NEOS Investment Management LLC Grows Stock Holdings in ASML Holding (NASDAQ:ASML)

NEOS Investment Management LLC boosted its holdings in ASML Holding (NASDAQ:ASML) by 13.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,162 shares of the semiconductor company’s stock after purchasing an additional 592 shares during the quarter. NEOS Investment Management LLC’s holdings in ASML were worth $3,578,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Kennebec Savings Bank lifted its holdings in shares of ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after buying an additional 25 shares in the last quarter. Wellington Shields & Co. LLC boosted its holdings in shares of ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in shares of ASML during the fourth quarter valued at about $31,000. Albion Financial Group UT increased its holdings in shares of ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC purchased a new stake in shares of ASML in the fourth quarter worth about $39,000. 26.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ASML. Wells Fargo & Company raised their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Sanford C. Bernstein lowered their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. JPMorgan Chase & Co. reduced their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Finally, BNP Paribas initiated coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Performance

ASML stock opened at $674.58 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 firm has a market capitalization of $265.39 billion, a P/E ratio of 32.43, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The company’s 50-day moving average is $727.46 and its 200 day moving average is $732.14.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Research analysts forecast that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued a $1.5855 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio 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.