Savant Capital LLC Boosts Stake in ASML Holding (NASDAQ:ASML)

Savant Capital LLC increased its holdings in shares of ASML Holding (NASDAQ:ASML) by 16.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 516 shares of the semiconductor company’s stock after purchasing an additional 74 shares during the quarter. Savant Capital LLC’s holdings in ASML were worth $390,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of ASML. Toth Financial Advisory Corp increased its position in shares of ASML by 11.5% during the fourth quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock valued at $95,000 after acquiring an additional 13 shares during the last quarter. Slow Capital Inc. increased its holdings in ASML by 0.3% in the 4th quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock valued at $3,336,000 after purchasing an additional 13 shares during the last quarter. Alera Investment Advisors LLC raised its position in ASML by 2.9% in the fourth quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock valued at $372,000 after purchasing an additional 14 shares during the period. Marcum Wealth LLC lifted its stake in ASML by 3.2% during the fourth quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock worth $362,000 after purchasing an additional 15 shares in the last quarter. Finally, Allred Capital Management LLC boosted its position in shares of ASML by 1.4% during the fourth quarter. Allred Capital Management LLC now owns 1,080 shares of the semiconductor company’s stock worth $817,000 after buying an additional 15 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on ASML. Kepler Capital Markets raised ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Raymond James raised their price objective on shares of ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 25th. Sanford C. Bernstein reduced their target price on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Cantor Fitzgerald began coverage on shares of ASML in a research report on Tuesday, January 23rd. They issued an “overweight” rating for the company. Finally, Wells Fargo & Company upped their price objective on ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $1,036.00.

ASML Price Performance

ASML stock opened at $901.63 on Monday. The stock has a market cap of $355.77 billion, a P/E ratio of 46.05, a price-to-earnings-growth ratio of 2.25 and a beta of 1.49. The company has a fifty day simple moving average of $951.12 and a 200-day simple moving average of $817.16. 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 Holding has a 12-month low of $563.99 and a 12-month high of $1,056.34.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.60%. ASML’s payout ratio is currently 32.53%.

About ASML

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.