ASML Holding (NASDAQ:ASML – Get Free Report) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 2,440,000 shares, an increase of 26.4% from the March 31st total of 1,930,000 shares. Based on an average daily volume of 1,900,000 shares, the short-interest ratio is currently 1.3 days. Currently, 0.6% of the company’s shares are short sold.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. decreased their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company reduced their price objective on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Finally, Susquehanna lowered their target price on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a report on Thursday, April 17th. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $906.00.
Read Our Latest Stock Analysis on ASML
ASML Stock Down 0.2 %
ASML (NASDAQ:ASML – Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The firm had revenue of $8.77 billion during the quarter, compared to analysts’ expectations of $7.90 billion. On average, analysts forecast that ASML will post 25.17 earnings per share for the current fiscal year.
ASML Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be paid a dividend of $1.6414 per share. The ex-dividend date is Monday, April 28th. This represents a $6.57 annualized dividend and a dividend yield of 0.98%. ASML’s dividend payout ratio (DPR) is presently 27.48%.
Institutional Investors Weigh In On ASML
Institutional investors have recently bought and sold shares of the company. Cutter & CO Brokerage Inc. lifted its holdings in shares of ASML by 5.7% during the 1st quarter. Cutter & CO Brokerage Inc. now owns 368 shares of the semiconductor company’s stock valued at $244,000 after purchasing an additional 20 shares during the last quarter. Weatherly Asset Management L. P. increased its position in ASML by 6.4% during the 1st quarter. Weatherly Asset Management L. P. now owns 12,522 shares of the semiconductor company’s stock valued at $8,298,000 after buying an additional 748 shares in the last quarter. LRI Investments LLC raised its stake in ASML by 20.9% in the first quarter. LRI Investments LLC now owns 820 shares of the semiconductor company’s stock valued at $544,000 after buying an additional 142 shares during the last quarter. Marks Group Wealth Management Inc boosted its holdings in ASML by 5.1% in the first quarter. Marks Group Wealth Management Inc now owns 1,889 shares of the semiconductor company’s stock worth $1,252,000 after acquiring an additional 91 shares in the last quarter. Finally, CWM LLC grew its stake in shares of ASML by 9.3% during the first quarter. CWM LLC now owns 4,348 shares of the semiconductor company’s stock worth $2,881,000 after acquiring an additional 369 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.
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.
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