Cwm LLC Purchases 176 Shares of ASML Holding (NASDAQ:ASML)

Posted by on Apr 22nd, 2023

Cwm LLC grew its stake in ASML Holding (NASDAQ:ASML – Get Rating) by 15.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,298 shares of the semiconductor company’s stock after purchasing an additional 176 shares during the quarter. Cwm LLC’s holdings in ASML were worth $709,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. National Bank of Canada FI grew its stake in shares of ASML by 2.2% in the fourth quarter. National Bank of Canada FI now owns 24,659 shares of the semiconductor company’s stock valued at $13,465,000 after acquiring an additional 529 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of ASML by 17.3% in the 4th quarter. International Assets Investment Management LLC now owns 598 shares of the semiconductor company’s stock valued at $327,000 after purchasing an additional 88 shares in the last quarter. D.B. Root & Company LLC bought a new position in ASML in the 4th quarter valued at approximately $389,000. Yousif Capital Management LLC raised its holdings in ASML by 2.3% in the 3rd quarter. Yousif Capital Management LLC now owns 6,794 shares of the semiconductor company’s stock valued at $2,822,000 after buying an additional 150 shares during the last quarter. Finally, Bowie Capital Management LLC raised its holdings in ASML by 23.4% in the 3rd quarter. Bowie Capital Management LLC now owns 27,284 shares of the semiconductor company’s stock valued at $11,332,000 after buying an additional 5,172 shares during the last quarter. 18.61% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on ASML shares. Argus raised their price target on shares of ASML from $590.00 to $775.00 and gave the stock a “buy” rating in a report on Thursday, January 26th. StockNews.com initiated coverage on shares of ASML in a report on Thursday, March 16th. They set a “buy” rating on the stock. JPMorgan Chase & Co. lifted their price objective on shares of ASML from $710.00 to $752.00 and gave the stock an “overweight” rating in a report on Thursday, January 26th. Sanford C. Bernstein began coverage on ASML in a research note on Wednesday, January 18th. They set an “outperform” rating on the stock. Finally, Barclays began coverage on ASML in a research note on Tuesday, January 17th. They issued an “equal weight” rating on the stock. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $688.92.

ASML Stock Up 0.1 %

Shares of NASDAQ ASML opened at $634.47 on Friday. The firm has a market capitalization of $250.35 billion, a price-to-earnings ratio of 35.05, a PEG ratio of 1.06 and a beta of 1.48. The business has a 50-day moving average of $642.73 and a 200-day moving average of $590.23. The company has a current ratio of 1.28, a quick ratio of 0.88 and a debt-to-equity ratio of 0.40. ASML Holding has a 12 month low of $363.15 and a 12 month high of $698.59.

ASML (NASDAQ:ASML – Get Rating) last issued its earnings results on Wednesday, January 25th. The semiconductor company reported $4.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.62 by $0.08. The business had revenue of $6.57 billion during the quarter. ASML had a return on equity of 74.34% and a net margin of 28.46%. Sell-side analysts expect that ASML Holding will post 20.48 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 10th. Stockholders of record on Tuesday, May 2nd will be paid a dividend of $1.267 per share. This represents a $5.07 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date of this dividend is Monday, May 1st. ASML’s dividend payout ratio (DPR) is presently 34.53%.

ASML Profile

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ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. It operates through the following geographical segments: Japan, South Korea, Singapore, Taiwan, Chine, Rest of Asia, Netherlands, Europe, the Middle East and Africa (EMEA), and United States.

See Also

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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