Osborne Partners Capital Management LLC Acquires New Holdings in ASML Holding (NASDAQ:ASML)

Osborne Partners Capital Management LLC bought a new position in ASML Holding (NASDAQ:ASML) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 7,041 shares of the semiconductor company’s stock, valued at approximately $4,880,000.

Several other large investors have also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its stake in ASML by 94,079.7% during the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after buying an additional 491,096 shares during the period. Van ECK Associates Corp raised its holdings in shares of ASML by 37.0% in the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after acquiring an additional 474,653 shares in the last quarter. Mediolanum International Funds Ltd bought a new stake in shares of ASML during the 3rd quarter valued at about $125,952,000. SG Americas Securities LLC grew its holdings in shares of ASML by 281.3% during the fourth quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock worth $108,601,000 after purchasing an additional 115,603 shares in the last quarter. Finally, Pathway Financial Advisers LLC increased its position in shares of ASML by 97,001.7% in the third quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock worth $94,665,000 after purchasing an additional 113,492 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on ASML. Wells Fargo & Company lifted their target price 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. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Sanford C. Bernstein reduced their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, Susquehanna cut their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Stock Up 0.3 %

Shares of NASDAQ:ASML opened at $739.31 on Friday. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The stock’s 50-day moving average price is $719.37 and its 200-day moving average price is $775.53. The stock has a market capitalization of $290.86 billion, a P/E ratio of 35.54, a price-to-earnings-growth ratio of 2.25 and a beta of 1.47.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 50.53% and a net margin of 26.78%. On average, equities analysts anticipate that ASML Holding will post 25.07 earnings per share for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be paid a $1.6414 dividend. This represents a $6.57 annualized dividend and a dividend yield of 0.89%. This is an increase from ASML’s previous quarterly dividend of $1.41. The ex-dividend date is Monday, April 28th. ASML’s payout ratio is presently 26.83%.

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.