HM Payson & Co. Has $68.55 Million Holdings in ASML Holding (NASDAQ:ASML)

HM Payson & Co. lifted its holdings in shares of ASML Holding (NASDAQ:ASML) by 39.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,899 shares of the semiconductor company’s stock after buying an additional 28,179 shares during the quarter. ASML comprises approximately 1.2% of HM Payson & Co.’s investment portfolio, making the stock its 25th biggest holding. HM Payson & Co.’s holdings in ASML were worth $68,545,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Concurrent Investment Advisors LLC grew its holdings in ASML by 12.4% during the third quarter. Concurrent Investment Advisors LLC now owns 1,262 shares of the semiconductor company’s stock valued at $1,051,000 after purchasing an additional 139 shares during the period. Graypoint LLC lifted its stake in ASML by 54.8% in the third quarter. Graypoint LLC now owns 325 shares of the semiconductor company’s stock valued at $270,000 after buying an additional 115 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of ASML by 104.4% in the third quarter. Principal Financial Group Inc. now owns 7,009 shares of the semiconductor company’s stock worth $5,840,000 after purchasing an additional 3,580 shares in the last quarter. Western Pacific Wealth Management LP lifted its position in shares of ASML by 7.5% in the third quarter. Western Pacific Wealth Management LP now owns 331 shares of the semiconductor company’s stock worth $276,000 after purchasing an additional 23 shares in the last quarter. Finally, Portside Wealth Group LLC lifted its position in shares of ASML by 14.0% in the third quarter. Portside Wealth Group LLC now owns 1,340 shares of the semiconductor company’s stock worth $1,117,000 after purchasing an additional 165 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the topic of several analyst reports. Sanford C. Bernstein dropped their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. JPMorgan Chase & Co. decreased their price target 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. BNP Paribas started coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. Finally, Wells Fargo & Company upped their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Stock Up 2.4 %

ASML stock opened at $732.22 on Friday. The stock has a market capitalization of $288.07 billion, a P/E ratio of 35.20, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. 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. The firm has a 50-day moving average price of $733.25 and a 200-day moving average price of $748.39.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, equities research analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were given a dividend of $1.5855 per share. The ex-dividend date was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is currently 31.35%.

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.