First Command Advisory Services Inc. raised its position in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 109.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 881 shares of the semiconductor company’s stock after purchasing an additional 460 shares during the period. First Command Advisory Services Inc.’s holdings in ASML were worth $1,596,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of ASML. NBH Bank purchased a new stake in shares of ASML during the second quarter worth about $26,000. Gilpin Wealth Management LLC lifted its stake in shares of ASML by 275.0% during the third quarter. Gilpin Wealth Management LLC now owns 15 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 11 shares during the period. Quest 10 Wealth Builders Inc. purchased a new position in shares of ASML during the third quarter valued at approximately $27,000. Field & Main Bank acquired a new stake in ASML during the second quarter worth approximately $30,000. Finally, Vision Financial Markets LLC acquired a new stake in ASML during the third quarter worth approximately $36,000. 26.07% of the stock is owned by institutional investors and hedge funds.
ASML Price Performance
ASML stock opened at $1,534.42 on Thursday. ASML Holding N.V. has a 1 year low of $946.11 and a 1 year high of $1,999.96. The firm has a 50 day moving average price of $1,667.22 and a 200 day moving average price of $1,601.91. The company has a market cap of $591.39 billion, a price-to-earnings ratio of 37.77, a PEG ratio of 0.63 and a beta of 1.80. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.01 and a current ratio of 1.49.
ASML (NASDAQ:ASML – Get Free Report) last posted its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share for the quarter. The company had revenue of $13.27 billion for the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. Sell-side analysts predict that ASML Holding N.V. will post 46.54 earnings per share for the current year.
ASML Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th were issued a dividend of $2.1077 per share. This represents a $8.43 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, October 27th. This is a negative change from ASML’s previous quarterly dividend of $2.1507. ASML’s payout ratio is currently 17.53%.
Analysts Set New Price Targets
Several research analysts have weighed in on the company. Weiss Ratings downgraded ASML from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 30th. Argus set a $2,100.00 price objective on ASML in a report on Thursday, July 16th. DZ Bank upgraded ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. JPMorgan Chase & Co. lowered their price objective on ASML from $2,400.00 to $2,350.00 and set an “overweight” rating for the company in a research report on Thursday, October 15th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of ASML in a research note on Monday, September 14th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,204.71.
View Our Latest Stock Report on ASML
ASML Profile
ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures equipment used to produce semiconductor chips. Its systems are used by chipmakers to create the intricate patterns that form circuits on silicon wafers. The company’s products include extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography systems, along with metrology and inspection equipment, computational lithography software, and related services. ASML also supports customers with system maintenance, upgrades, and technical assistance.
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