Venturi Wealth Management LLC Has $3.53 Million Stake in ASML Holding (NASDAQ:ASML)

Venturi Wealth Management LLC raised its position in ASML Holding (NASDAQ:ASML - Free Report) by 113.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,098 shares of the semiconductor company's stock after acquiring an additional 2,712 shares during the quarter. Venturi Wealth Management LLC's holdings in ASML were worth $3,534,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Truist Financial Corp boosted its stake in shares of ASML by 7.5% during the 4th quarter. Truist Financial Corp now owns 46,211 shares of the semiconductor company's stock worth $32,028,000 after acquiring an additional 3,214 shares during the period. Wealth Quarterback LLC lifted its holdings in ASML by 1.1% during the 4th quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company's stock valued at $923,000 after purchasing an additional 15 shares during the last quarter. CIBC Asset Management Inc lifted its holdings in ASML by 12.2% during the 4th quarter. CIBC Asset Management Inc now owns 28,214 shares of the semiconductor company's stock valued at $19,498,000 after purchasing an additional 3,057 shares during the last quarter. Pittenger & Anderson Inc. boosted its position in ASML by 5.4% during the fourth quarter. Pittenger & Anderson Inc. now owns 17,497 shares of the semiconductor company's stock worth $12,127,000 after purchasing an additional 893 shares during the period. Finally, Principal Financial Group Inc. increased its holdings in shares of ASML by 43.0% in the fourth quarter. Principal Financial Group Inc. now owns 10,025 shares of the semiconductor company's stock valued at $6,948,000 after purchasing an additional 3,016 shares during the last quarter. Institutional investors own 26.07% of the company's stock.

ASML Price Performance

NASDAQ:ASML traded down $6.08 during trading hours on Friday, reaching $737.01. 1,471,505 shares of the company were exchanged, compared to its average volume of 1,797,356. The business has a 50 day moving average of $732.62 and a 200 day moving average of $759.39. ASML Holding has a 1-year low of $645.45 and a 1-year 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. The company has a market capitalization of $289.96 billion, a P/E ratio of 35.43, a P/E/G ratio of 1.64 and a beta of 1.47.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) 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%. Research analysts forecast that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were issued a $1.5855 dividend. This is a positive change from ASML's previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML's dividend payout ratio (DPR) is currently 31.35%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ASML. Wells Fargo & Company raised their target price on shares of ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a research note on Monday, January 13th. BNP Paribas started coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price objective for the company. 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 research report on Thursday, January 30th. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a report on Friday, November 29th. 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, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $937.00.

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.