CogentBlue Wealth Advisors LLC Makes New Investment in ASML Holding (NASDAQ:ASML)

CogentBlue Wealth Advisors LLC purchased a new stake in shares of ASML Holding (NASDAQ:ASML) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 354 shares of the semiconductor company’s stock, valued at approximately $245,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Steigerwald Gordon & Koch Inc. raised its position in shares of ASML by 4.8% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 14 shares during the period. Cyndeo Wealth Partners LLC raised its holdings in ASML by 0.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after acquiring an additional 14 shares during the period. Trust Point Inc. lifted its position in ASML by 2.4% during the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after acquiring an additional 14 shares during the last quarter. Fortitude Family Office LLC boosted its holdings in ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 15 shares during the period. Finally, Farther Finance Advisors LLC grew its position in shares of ASML by 1.7% in the third quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company’s stock valued at $768,000 after purchasing an additional 15 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the topic of several recent analyst reports. BNP Paribas assumed coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. Sanford C. Bernstein cut their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Wells Fargo & Company upped their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. decreased their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Three 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $937.00.

ASML Stock Performance

NASDAQ:ASML opened at $744.80 on Thursday. The firm has a market capitalization of $293.02 billion, a PE ratio of 35.81, a price-to-earnings-growth ratio of 1.65 and a beta of 1.47. 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 12-month low of $645.45 and a 12-month high of $1,110.09. The firm has a 50-day moving average price of $731.65 and a 200 day moving average price of $760.09.

ASML (NASDAQ:ASML) last issued 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%. Research analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued a $1.5855 dividend. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio is presently 25.67%.

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.