Segment Wealth Management LLC Acquires 658 Shares of ASML Holding (NASDAQ:ASML)

Segment Wealth Management LLC grew its holdings in ASML Holding (NASDAQ:ASML) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,931 shares of the semiconductor company’s stock after acquiring an additional 658 shares during the quarter. ASML accounts for approximately 1.2% of Segment Wealth Management LLC’s investment portfolio, making the stock its 23rd biggest position. Segment Wealth Management LLC’s holdings in ASML were worth $17,279,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Armstrong Advisory Group Inc. boosted its position in ASML by 24.5% during the third quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock valued at $51,000 after acquiring an additional 12 shares during the last quarter. Matrix Private Capital Group LLC grew its stake in shares of ASML by 5.5% in the 2nd quarter. Matrix Private Capital Group LLC now owns 248 shares of the semiconductor company’s stock worth $254,000 after acquiring an additional 13 shares in the last quarter. Bruce G. Allen Investments LLC lifted its position in shares of ASML by 21.2% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock worth $67,000 after buying an additional 14 shares in the last quarter. Steigerwald Gordon & Koch Inc. increased its position in shares of ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 14 shares during the last quarter. Finally, Fortitude Family Office LLC raised its position in ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 15 shares during the period. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

Shares of NASDAQ:ASML opened at $756.33 on Tuesday. The stock has a market capitalization of $297.56 billion, a price-to-earnings ratio of 39.60, a PEG ratio of 2.35 and a beta of 1.47. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company has a 50-day simple moving average of $706.71 and a 200-day simple moving average of $795.37. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on ASML. Sanford C. Bernstein decreased their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target for the company. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. JPMorgan Chase & Co. lowered their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Finally, Susquehanna dropped their target price on 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 analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $955.50.

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.