Callahan Advisors LLC Boosts Stake in ASML Holding (NASDAQ:ASML)

Callahan Advisors LLC lifted its holdings in ASML Holding (NASDAQ:ASML) by 24.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,292 shares of the semiconductor company’s stock after buying an additional 1,434 shares during the period. Callahan Advisors LLC’s holdings in ASML were worth $5,054,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Steigerwald Gordon & Koch Inc. lifted its stake in shares of ASML by 4.8% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after buying an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC raised its stake in ASML by 0.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after purchasing an additional 14 shares during the period. Trust Point Inc. raised its stake in ASML by 2.4% during the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after purchasing an additional 14 shares during the period. Fortitude Family Office LLC raised its stake in ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares during the period. Finally, Farther Finance Advisors LLC raised its stake in ASML by 1.7% during the third quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company’s stock worth $768,000 after purchasing an additional 15 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

Shares of ASML opened at $751.55 on Tuesday. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The firm’s 50 day moving average price is $730.26 and its 200 day moving average price is $760.65. The company has a market cap of $295.67 billion, a P/E ratio of 36.13, a PEG ratio of 1.63 and a beta of 1.47. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

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

ASML Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be given a $1.5855 dividend. The ex-dividend date is Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is currently 26.83%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. BNP Paribas assumed coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Sanford C. Bernstein reduced their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. JPMorgan Chase & Co. reduced their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Wells Fargo & Company lifted their target price 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. Finally, DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $937.00.

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.