Atria Wealth Solutions Inc. Grows Position in ASML Holding (NASDAQ:ASML)

Atria Wealth Solutions Inc. grew its stake in ASML Holding (NASDAQ:ASML) by 9.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,763 shares of the semiconductor company’s stock after purchasing an additional 580 shares during the period. Atria Wealth Solutions Inc.’s holdings in ASML were worth $5,119,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Bfsg LLC purchased a new stake in ASML in the 4th quarter worth approximately $369,000. Harvest Fund Management Co. Ltd raised its stake in shares of ASML by 14.2% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 1,508 shares of the semiconductor company’s stock worth $1,139,000 after buying an additional 187 shares during the period. Yousif Capital Management LLC raised its stake in shares of ASML by 7.3% during the 4th quarter. Yousif Capital Management LLC now owns 7,139 shares of the semiconductor company’s stock worth $5,404,000 after buying an additional 485 shares during the period. Weatherly Asset Management L. P. raised its stake in shares of ASML by 4.2% during the 4th quarter. Weatherly Asset Management L. P. now owns 9,998 shares of the semiconductor company’s stock worth $7,568,000 after buying an additional 403 shares during the period. Finally, GAMMA Investing LLC acquired a new position in shares of ASML during the 4th quarter worth approximately $544,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Wells Fargo & Company upped their target price on ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Kepler Capital Markets raised ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Susquehanna upped their target price on ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a research note on Friday, January 26th. Evercore ISI assumed coverage on ASML in a research note on Tuesday, April 16th. They set an “outperform” rating for the company. Finally, HSBC assumed coverage on ASML in a research note on Thursday, February 22nd. They set a “buy” rating for the company. Four 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. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,036.00.

ASML Stock Up 1.8 %

Shares of ASML opened at $918.97 on Friday. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,056.34. The company has a market capitalization of $362.62 billion, a PE ratio of 46.93, a price-to-earnings-growth ratio of 2.22 and a beta of 1.48. The stock has a fifty day simple moving average of $955.61 and a two-hundred day simple moving average of $804.52. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. The business had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.34 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. As a group, equities analysts forecast that ASML Holding will post 20.04 EPS for the current year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be issued a dividend of $1.343 per share. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio is presently 32.94%.

About ASML

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.