JARISLOWSKY FRASER Ltd Has $40.64 Million Holdings in ASML Holding (NASDAQ:ASML)

JARISLOWSKY FRASER Ltd raised its position in ASML Holding (NASDAQ:ASML) by 104.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,643 shares of the semiconductor company’s stock after purchasing an additional 29,912 shares during the quarter. JARISLOWSKY FRASER Ltd’s holdings in ASML were worth $40,644,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Kennebec Savings Bank boosted its position in ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 25 shares during 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 purchasing an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in ASML in the fourth quarter valued at $31,000. Albion Financial Group UT increased its stake in ASML by 133.3% in the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC bought a new stake in ASML during the 4th quarter worth about $39,000. 26.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on ASML shares. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Wells Fargo & Company lowered their price target on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. Susquehanna cut their price objective on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a report on Thursday, April 17th. Finally, JPMorgan Chase & Co. lowered their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average target price of $906.00.

ASML Stock Down 0.3 %

ASML stock opened at $706.21 on Friday. The business’s 50 day simple moving average is $679.19 and its 200 day simple moving average is $701.79. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09. The firm has a market capitalization of $277.84 billion, a PE ratio of 33.95, a PEG ratio of 1.62 and a beta of 1.75. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating the consensus estimate of $6.12 by $0.19. The firm had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

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.