White Oak Capital Partners Pte. Ltd. Makes New $593,000 Investment in ASML Holding (NASDAQ:ASML)

White Oak Capital Partners Pte. Ltd. purchased a new position in ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 852 shares of the semiconductor company's stock, valued at approximately $593,000. ASML comprises 0.3% of White Oak Capital Partners Pte. Ltd.'s investment portfolio, making the stock its 7th largest position.

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

ASML Stock Up 2.6 %

Shares of ASML stock traded up $17.02 during midday trading on Thursday, hitting $675.00. The company's stock had a trading volume of 1,767,195 shares, compared to its average volume of 1,637,492. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09. 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 firm has a market capitalization of $265.56 billion, a P/E ratio of 32.45, a PEG ratio of 1.62 and a beta of 1.67. The stock has a 50-day simple moving average of $688.72 and a 200-day simple moving average of $708.52.

ASML (NASDAQ:ASML - Get Free Report) last announced 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. The firm had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, sell-side analysts expect 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 dividend of $1.5855 per share. The ex-dividend date of this dividend is Monday, April 28th. This is a positive change from ASML's previous dividend of $1.08. ASML's dividend payout ratio (DPR) is 27.48%.

Analysts Set New Price Targets

A number of equities research analysts have 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. cut their price objective on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Susquehanna decreased their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Finally, Wells Fargo & Company reduced their target price on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price 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.