Ted Buchan & Co Acquires 852 Shares of ASML Holding (NASDAQ:ASML)

Ted Buchan & Co increased its holdings in ASML Holding (NASDAQ:ASML) by 25.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,249 shares of the semiconductor company’s stock after buying an additional 852 shares during the quarter. ASML accounts for about 1.4% of Ted Buchan & Co’s investment portfolio, making the stock its 19th largest position. Ted Buchan & Co’s holdings in ASML were worth $2,945,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Kennebec Savings Bank lifted its position in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares in the last quarter. Wellington Shields & Co. LLC raised its stake in ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new position in ASML during the fourth quarter valued at approximately $31,000. Albion Financial Group UT boosted its position in shares of ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 32 shares during the period. Finally, Roxbury Financial LLC purchased a new stake in shares of ASML in the fourth quarter worth $39,000. 26.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ASML shares. 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 research note on Thursday, January 30th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Finally, Wells Fargo & Company increased their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $937.00.

ASML Price Performance

Shares of ASML stock opened at $605.55 on Friday. The firm has a market cap of $238.24 billion, a PE ratio of 29.11, a PEG ratio of 1.62 and a beta of 1.67. The stock has a 50 day moving average of $716.73 and a 200 day moving average of $726.98. 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 Holding has a 12 month low of $597.69 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, research analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be issued a $1.5855 dividend. 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 payout ratio is 31.35%.

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.