ASML Holding N.V. $ASML Stock Bought by Fisher Asset Management LLC

Fisher Asset Management LLC raised its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 2.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,839,202 shares of the semiconductor company’s stock after purchasing an additional 101,588 shares during the period. ASML accounts for about 2.5% of Fisher Asset Management LLC’s portfolio, making the stock its 7th biggest position. Fisher Asset Management LLC’s holdings in ASML were worth $8,767,040,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Van ECK Associates Corp boosted its holdings in shares of ASML by 31.7% in the 2nd quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock worth $4,892,869,000 after purchasing an additional 592,125 shares during the period. BlackRock Inc. raised its holdings in ASML by 4.9% during the 2nd quarter. BlackRock Inc. now owns 1,282,190 shares of the semiconductor company’s stock valued at $2,550,840,000 after buying an additional 59,888 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in ASML by 6.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock valued at $2,168,227,000 after buying an additional 96,860 shares during the period. Bank of America Corp DE lifted its position in ASML by 1.2% in the first quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company’s stock worth $2,060,833,000 after buying an additional 19,051 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in ASML by 1.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,033,583 shares of the semiconductor company’s stock worth $1,364,963,000 after buying an additional 18,768 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ASML. Wall Street Zen upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Saturday, October 17th. DZ Bank raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Citigroup restated a “buy” rating on shares of ASML in a report on Thursday, October 15th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, September 30th. Finally, Wells Fargo & Company lifted their price target on shares of ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $2,204.71.

ASML Trading Down 2.4%

Shares of ASML opened at $1,497.12 on Friday. ASML Holding N.V. has a 1-year low of $946.11 and a 1-year high of $1,999.96. The company has a 50-day moving average of $1,663.51 and a 200 day moving average of $1,602.33. The firm has a market capitalization of $577.02 billion, a price-to-earnings ratio of 37.78, a PEG ratio of 0.64 and a beta of 1.80. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.49 and a quick ratio of 1.01.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. The company had revenue of $13.27 billion during the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. On average, research analysts expect that ASML Holding N.V. will post 46.51 EPS for the current year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 4th. Investors of record on Tuesday, October 27th were issued a $2.1077 dividend. The ex-dividend date was Tuesday, October 27th. This is a negative change from ASML’s previous quarterly dividend of $2.1507. This represents a $8.43 dividend on an annualized basis and a dividend yield of 0.6%. ASML’s dividend payout ratio (DPR) is presently 17.55%.

ASML Company 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.