GABELLI & Co INVESTMENT ADVISERS INC. Invests $277,000 in ASML Holding (NASDAQ:ASML)

GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 400 shares of the semiconductor company's stock, valued at approximately $277,000.

A number of other institutional investors have also recently added to or reduced their stakes in ASML. Steigerwald Gordon & Koch Inc. raised its stake in ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company's stock valued at $211,000 after purchasing an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC lifted its stake in shares of ASML by 0.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company's stock valued at $2,223,000 after buying an additional 14 shares during the period. Trust Point Inc. increased its stake in ASML by 2.4% during the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company's stock valued at $420,000 after acquiring an additional 14 shares during the period. Sunpointe LLC raised its holdings in ASML by 1.3% in the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company's stock valued at $772,000 after acquiring an additional 14 shares in the last quarter. Finally, Wealth Quarterback LLC lifted its position in shares of ASML by 1.1% in the 4th quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company's stock worth $923,000 after acquiring an additional 15 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

Shares of NASDAQ:ASML traded up $5.23 during trading on Friday, reaching $640.16. The stock had a trading volume of 1,439,309 shares, compared to its average volume of 1,627,415. The stock has a market capitalization of $251.85 billion, a PE ratio of 30.78, a P/E/G ratio of 1.62 and a beta of 1.67. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09. The business's 50-day moving average price is $697.51 and its 200 day moving average price is $711.81. 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 posted its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping 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 company had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. As a group, equities analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, May 6th. Shareholders 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 an increase from ASML's previous dividend of $1.08. ASML's payout ratio is currently 27.48%.

Analyst Upgrades and Downgrades

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

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.