Ritholtz Wealth Management Purchases 252 Shares of ASML Holding (NASDAQ:ASML)

Ritholtz Wealth Management boosted its position in ASML Holding (NASDAQ:ASML) by 5.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,970 shares of the semiconductor company’s stock after acquiring an additional 252 shares during the quarter. Ritholtz Wealth Management’s holdings in ASML were worth $3,762,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in ASML. Carmel Capital Partners LLC increased its stake in ASML by 200.0% in the third quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 30 shares during the last quarter. Addison Advisors LLC increased its stake in ASML by 220.0% in the third quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 33 shares during the last quarter. Creative Financial Designs Inc. ADV grew its stake in shares of ASML by 48.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 15 shares during the last quarter. Bollard Group LLC bought a new position in shares of ASML during the second quarter valued at about $36,000. Finally, First Financial Corp IN bought a new position in shares of ASML during the third quarter valued at about $36,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML opened at $970.47 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.96. ASML Holding has a one year low of $563.99 and a one year high of $1,056.34. The company has a 50-day simple moving average of $924.75 and a two-hundred day simple moving average of $751.81. The firm has a market capitalization of $382.94 billion, a PE ratio of 45.12, a price-to-earnings-growth ratio of 2.34 and a beta of 1.49.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, topping the consensus estimate of $5.12 by $0.48. ASML had a net margin of 28.44% and a return on equity of 68.32%. The business had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.34 billion. On average, analysts anticipate that ASML Holding will post 20.48 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be issued a $1.343 dividend. The ex-dividend date is Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.55%. ASML’s dividend payout ratio (DPR) is presently 24.59%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ASML. Cantor Fitzgerald began coverage on ASML in a research note on Tuesday, January 23rd. They set an “overweight” rating on the stock. HSBC began coverage on ASML in a research note on Thursday, February 22nd. They set a “buy” rating on the stock. Sanford C. Bernstein raised ASML from a “market perform” rating to an “outperform” rating in a research note on Monday, January 22nd. Raymond James raised their target price on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research note on Thursday, January 25th. Finally, Redburn Atlantic raised ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $962.60.

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.