GAMMA Investing LLC Acquires 77 Shares of ASML Holding (NASDAQ:ASML)

GAMMA Investing LLC raised its stake in shares of ASML Holding (NASDAQ:ASML) by 4.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,995 shares of the semiconductor company’s stock after purchasing an additional 77 shares during the period. GAMMA Investing LLC’s holdings in ASML were worth $1,383,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ASML. Lantz Financial LLC acquired a new stake in ASML during the 2nd quarter valued at approximately $216,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in ASML by 53.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 360 shares of the semiconductor company’s stock worth $368,000 after buying an additional 125 shares during the last quarter. Rhumbline Advisers lifted its holdings in ASML by 1.3% in the second quarter. Rhumbline Advisers now owns 7,738 shares of the semiconductor company’s stock valued at $7,914,000 after buying an additional 100 shares during the period. SouthState Corp boosted its position in ASML by 180.0% during the second quarter. SouthState Corp now owns 98 shares of the semiconductor company’s stock valued at $100,000 after acquiring an additional 63 shares during the last quarter. Finally, Columbia Asset Management grew its holdings in ASML by 11.7% during the 2nd quarter. Columbia Asset Management now owns 2,624 shares of the semiconductor company’s stock worth $2,684,000 after acquiring an additional 274 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Price Performance

Shares of NASDAQ ASML opened at $714.36 on Friday. The stock has a market cap of $281.04 billion, a price-to-earnings ratio of 37.40, a PEG ratio of 2.07 and a beta of 1.49. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The firm’s 50-day simple moving average is $693.88 and its 200 day simple moving average is $821.44.

ASML (NASDAQ:ASML) last announced its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.24 by $0.56. The company had revenue of $8.21 billion for the quarter, compared to analysts’ expectations of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. As a group, research analysts anticipate that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were issued a $1.407 dividend. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 annualized dividend and a dividend yield of 0.79%. ASML’s dividend payout ratio is currently 29.21%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. BNP Paribas assumed coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Wells Fargo & Company reduced their price objective on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Sanford C. Bernstein dropped their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. JPMorgan Chase & Co. reduced their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Finally, Susquehanna dropped their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Three research analysts have rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $943.83.

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.