Empire Financial Management Company LLC Buys 525 Shares of ASML Holding (NASDAQ:ASML)

Empire Financial Management Company LLC grew its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 39.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,846 shares of the semiconductor company's stock after purchasing an additional 525 shares during the quarter. Empire Financial Management Company LLC's holdings in ASML were worth $1,279,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Kennebec Savings Bank boosted its holdings in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after buying an additional 25 shares in the last quarter. Wellington Shields & Co. LLC grew its position in ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC bought a new stake in ASML during the 4th quarter valued at $31,000. Albion Financial Group UT raised its holdings in ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock worth $39,000 after buying an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC bought a new position in shares of ASML in the fourth quarter valued at $39,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on ASML shares. JPMorgan Chase & Co. lowered 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 report on Thursday, January 30th. Susquehanna decreased their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Wells Fargo & Company cut their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, ASML has a consensus rating of "Moderate Buy" and an average price target of $906.00.

ASML Stock Up 3.0 %

ASML stock opened at $657.98 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $258.86 billion, a P/E ratio of 31.63, a P/E/G ratio of 1.62 and a beta of 1.67. The firm has a 50 day moving average price of $690.25 and a 200-day moving average price of $709.50. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The firm had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. As a group, equities analysts predict that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be given a $1.5855 dividend. The ex-dividend date is Monday, April 28th. This is a positive change from ASML's previous dividend of $1.08. ASML's payout ratio is 27.48%.

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.

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