Fulton Breakefield Broenniman LLC Reduces Stock Holdings in ASML Holding (NASDAQ:ASML)

Fulton Breakefield Broenniman LLC trimmed its holdings in shares of ASML Holding (NASDAQ:ASML) by 4.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 561 shares of the semiconductor company’s stock after selling 27 shares during the quarter. Fulton Breakefield Broenniman LLC’s holdings in ASML were worth $425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Carmel Capital Partners LLC lifted its position in ASML by 200.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 30 shares during the period. Addison Advisors LLC lifted its position in ASML by 220.0% during the 3rd quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 33 shares during the period. Creative Financial Designs Inc. ADV lifted its holdings in shares of ASML by 48.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 15 shares during the period. Catalyst Capital Advisors LLC lifted its holdings in shares of ASML by 35.4% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 17 shares during the period. Finally, Bradley & Co. Private Wealth Management LLC lifted its holdings in shares of ASML by 7,300.0% in the 3rd quarter. Bradley & Co. Private Wealth Management LLC now owns 74 shares of the semiconductor company’s stock valued at $44,000 after buying an additional 73 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ASML. Cantor Fitzgerald began coverage on ASML in a report on Tuesday, January 23rd. They issued an “overweight” rating for the company. Evercore ISI began coverage on ASML in a report on Tuesday, April 16th. They issued an “outperform” rating for the company. Raymond James boosted their price objective on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a report on Thursday, January 25th. Redburn Atlantic raised ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Finally, Wells Fargo & Company upped their price target on ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,036.00.

ASML Price Performance

NASDAQ:ASML traded up $18.32 during trading hours on Friday, hitting $918.97. 865,078 shares of the stock were exchanged, compared to its average volume of 1,204,430. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,056.34. The firm’s fifty day moving average price is $955.61 and its 200 day moving average price is $804.52. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The company has a market cap of $362.62 billion, a P/E ratio of 46.93, a P/E/G ratio of 2.25 and a beta of 1.48.

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

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be given a $1.343 dividend. The ex-dividend date of this dividend is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.58%. ASML’s dividend payout ratio (DPR) is presently 27.02%.

ASML 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.