RWA Wealth Partners LLC Purchases 18,448 Shares of ASML Holding (NASDAQ:ASML)

RWA Wealth Partners LLC lifted its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 167.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 29,444 shares of the semiconductor company's stock after acquiring an additional 18,448 shares during the quarter. RWA Wealth Partners LLC's holdings in ASML were worth $20,407,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in ASML. Amundi grew its position in shares of ASML by 4,880.5% in the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after buying an additional 328,552 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of ASML in the 4th quarter worth approximately $175,257,000. Fisher Funds Management LTD bought a new position in ASML during the 4th quarter valued at approximately $137,386,000. SG Americas Securities LLC increased 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 valued at $108,601,000 after acquiring an additional 115,603 shares in the last quarter. Finally, Appaloosa LP raised its position in shares of ASML by 106.5% in the 4th quarter. Appaloosa LP now owns 160,000 shares of the semiconductor company's stock worth $110,893,000 after purchasing an additional 82,500 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of analyst reports. Wells Fargo & Company raised their price objective on shares of ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. BNP Paribas began coverage on ASML in a research note on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 target price on the stock. Finally, JPMorgan Chase & Co. decreased their price target on 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. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $937.00.

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ASML Stock Performance

Shares of NASDAQ ASML traded down $11.95 during midday trading on Monday, hitting $662.63. 1,683,566 shares of the company's stock traded hands, compared to its average volume of 1,557,945. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock has a market capitalization of $260.69 billion, a price-to-earnings ratio of 31.86, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The firm has a fifty day moving average of $727.46 and a 200 day moving average of $731.53. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly 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, analysts forecast that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be paid a $1.5855 dividend. The ex-dividend date is Monday, April 28th. This is an increase from ASML's previous dividend of $1.08. ASML's dividend payout ratio (DPR) is 31.35%.

ASML 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.