Guggenheim Capital LLC Decreases Holdings in ASML Holding (NASDAQ:ASML)

Guggenheim Capital LLC lowered its position in ASML Holding (NASDAQ:ASML - Free Report) by 6.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,847 shares of the semiconductor company's stock after selling 1,947 shares during the quarter. Guggenheim Capital LLC's holdings in ASML were worth $18,607,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. XTX Topco Ltd acquired a new position in shares of ASML during the fourth quarter worth $1,081,000. Harber Asset Management LLC purchased a new position in shares of ASML in the 4th quarter valued at about $9,047,000. Belpointe Asset Management LLC raised its position in shares of ASML by 4.1% during the 4th quarter. Belpointe Asset Management LLC now owns 1,164 shares of the semiconductor company's stock worth $807,000 after acquiring an additional 46 shares in the last quarter. CreativeOne Wealth LLC lifted its stake in ASML by 10.7% during the fourth quarter. CreativeOne Wealth LLC now owns 1,517 shares of the semiconductor company's stock worth $1,052,000 after purchasing an additional 147 shares during the last quarter. Finally, Mariner LLC boosted its holdings in ASML by 5.6% in the fourth quarter. Mariner LLC now owns 28,721 shares of the semiconductor company's stock valued at $19,907,000 after purchasing an additional 1,512 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Stock Performance

NASDAQ ASML traded up $5.23 during trading on Friday, reaching $640.16. The company's stock had a trading volume of 1,439,309 shares, compared to its average volume of 1,627,415. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09. The firm has a market cap of $251.85 billion, a price-to-earnings ratio of 30.78, a P/E/G ratio of 1.62 and a beta of 1.67. The business's fifty 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 quick ratio of 0.99 and a current ratio of 1.53.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating the consensus estimate 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, analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be issued a dividend of $1.5855 per share. 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 dividend payout ratio (DPR) is currently 27.48%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on ASML shares. Susquehanna cut their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a 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 on the stock in a research note on Thursday, January 30th. Wells Fargo & Company reduced their price target on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research report on Thursday. Finally, DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $906.00.

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.