Heritage Investors Management Corp Has $855,000 Stock Holdings in ASML Holding (NASDAQ:ASML)

Heritage Investors Management Corp lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 2.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,233 shares of the semiconductor company’s stock after buying an additional 25 shares during the quarter. Heritage Investors Management Corp’s holdings in ASML were worth $855,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Carnegie Investment Counsel lifted its stake in shares of ASML by 68.9% during the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after buying an additional 868 shares during the last quarter. Central Pacific Bank Trust Division acquired a new stake in shares of ASML during the 4th quarter worth about $1,174,000. Taurus Asset Management LLC acquired a new stake in shares of ASML during the 3rd quarter worth about $16,994,000. State Street Corp lifted its stake in shares of ASML by 5.2% during the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after buying an additional 7,010 shares during the last quarter. Finally, Stockman Wealth Management Inc. lifted its stake in shares of ASML by 7.2% during the 3rd quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock worth $12,800,000 after buying an additional 1,032 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. JPMorgan Chase & Co. dropped 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 research note on Thursday, January 30th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. BNP Paribas assumed coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Finally, Sanford C. Bernstein dropped their price objective 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. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Price Performance

Shares of NASDAQ:ASML opened at $697.70 on Friday. The firm has a 50 day moving average of $733.09 and a 200-day moving average of $755.88. The stock has a market capitalization of $274.49 billion, a PE ratio of 33.54, a PEG ratio of 1.62 and a beta of 1.47. The company has a current ratio of 1.53, a quick ratio of 0.99 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.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, equities research analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. The ex-dividend date was Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s payout ratio is 31.35%.

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.