Federated Hermes Inc. Has $7.30 Million Position in ASML Holding (NASDAQ:ASML)

Federated Hermes Inc. cut its position in ASML Holding (NASDAQ:ASML - Free Report) by 50.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,530 shares of the semiconductor company's stock after selling 10,866 shares during the quarter. Federated Hermes Inc.'s holdings in ASML were worth $7,298,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

Several analysts have recently weighed in on ASML shares. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. JPMorgan Chase & Co. decreased their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Finally, Wells Fargo & Company upped their price target 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 research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, ASML presently has an average rating of "Moderate Buy" and a consensus price target of $937.00.

Remove Ads

ASML Stock Up 1.7 %

ASML stock traded up $11.53 during trading hours on Tuesday, reaching $684.40. 1,005,594 shares of the stock were exchanged, compared to its average volume of 1,623,800. The company has a market cap of $269.26 billion, a price-to-earnings ratio of 32.91, a PEG ratio of 1.62 and a beta of 1.67. The firm's 50-day moving average is $704.82 and its 200-day moving average is $716.86. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

ASML (NASDAQ:ASML - Get Free Report) last issued 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, equities research analysts expect that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

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