ASML Holding N.V. $ASML Stock Purchased by Sigma Planning Corp

Sigma Planning Corp boosted its position in ASML Holding N.V. (NASDAQ:ASML) by 24.3% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 2,533 shares of the semiconductor company’s stock after acquiring an additional 495 shares during the period. Sigma Planning Corp’s holdings in ASML were worth $4,503,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Van ECK Associates Corp lifted its position in shares of ASML by 31.7% during the second quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock worth $4,892,869,000 after acquiring an additional 592,125 shares in the last quarter. BlackRock Inc. grew its position in shares of ASML by 4.9% in the second quarter. BlackRock Inc. now owns 1,282,190 shares of the semiconductor company’s stock valued at $2,550,840,000 after purchasing an additional 59,888 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of 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 purchasing an additional 96,860 shares during the period. Bank of America Corp DE raised its stake in shares of ASML by 1.2% during the 1st quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company’s stock valued at $2,060,833,000 after purchasing an additional 19,051 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in ASML by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,033,583 shares of the semiconductor company’s stock worth $1,364,963,000 after purchasing an additional 18,768 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Weiss Ratings upgraded ASML from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 16th. Susquehanna reiterated a “positive” rating on shares of ASML in a research report on Tuesday, June 30th. Morgan Stanley reissued an “overweight” rating on shares of ASML in a report on Tuesday, July 7th. Citigroup restated a “buy” rating on shares of ASML in a research report on Thursday, October 15th. Finally, Wells Fargo & Company raised their price objective on shares of ASML from $2,200.00 to $2,500.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $2,079.12.

ASML Price Performance

NASDAQ:ASML opened at $1,590.90 on Tuesday. The firm has a market capitalization of $613.16 billion, a price-to-earnings ratio of 39.17, a P/E/G ratio of 0.66 and a beta of 1.77. ASML Holding N.V. has a 52-week low of $946.11 and a 52-week high of $1,999.96. The stock has a fifty day moving average of $1,722.74 and a 200 day moving average of $1,586.27. 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) last posted its earnings results on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. The business had revenue of $13.27 billion during the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. On average, research analysts expect that ASML Holding N.V. will post 46.03 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th will be given a dividend of $2.1077 per share. This is a drop from ASML’s previous quarterly dividend of $2.1507. The ex-dividend date is Tuesday, October 27th. This represents a $8.43 dividend on an annualized basis and a dividend yield of 0.5%. ASML’s dividend payout ratio is 17.90%.

ASML Company Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment helps customers transfer intricate circuit patterns onto silicon wafers, a critical step in the production of processors, memory chips and other semiconductor devices.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, which support the production of the most advanced chips, as well as deep ultraviolet (DUV) lithography systems for a broad range of semiconductor applications.