ASML Holding N.V. $ASML Stock: Paragon Advisors LLC Boosts Position

Paragon Advisors LLC boosted its stake in ASML Holding N.V. (NASDAQ:ASML) by 7.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,879 shares of the semiconductor company’s stock after acquiring an additional 415 shares during the period. ASML accounts for 2.0% of Paragon Advisors LLC’s portfolio, making the stock its 10th largest position. Paragon Advisors LLC’s holdings in ASML were worth $10,650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of ASML. M Holdings Securities Inc. bought a new position in ASML during the third quarter worth $591,000. Brighton Jones LLC increased its stake in ASML by 5.2% during the third quarter. Brighton Jones LLC now owns 1,508 shares of the semiconductor company’s stock valued at $2,733,000 after purchasing an additional 75 shares during the last quarter. Point Nemo Capital LLC increased its stake in ASML by 10.3% during the third quarter. Point Nemo Capital LLC now owns 1,717 shares of the semiconductor company’s stock valued at $3,111,000 after purchasing an additional 161 shares during the last quarter. J. Derek Lewis & Associates Inc. raised its holdings in shares of ASML by 52.8% during the third quarter. J. Derek Lewis & Associates Inc. now owns 567 shares of the semiconductor company’s stock worth $1,027,000 after purchasing an additional 196 shares during the period. Finally, Ethic Inc. raised its holdings in shares of ASML by 21.9% during the third quarter. Ethic Inc. now owns 25,994 shares of the semiconductor company’s stock worth $47,093,000 after purchasing an additional 4,674 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on ASML shares. Royal Bank Of Canada restated an “outperform” rating and issued a $2,100.00 price target on shares of ASML in a research report on Wednesday, October 7th. Wall Street Zen raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Saturday, October 17th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research note on Wednesday, September 30th. Weiss Ratings cut shares of ASML from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 30th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of ASML in a report on Monday, September 14th. Two research 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $2,204.71.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,424.75 on Monday. The firm’s 50-day simple moving average is $1,677.25 and its 200 day simple moving average is $1,599.85. The stock has a market cap of $549.12 billion, a P/E ratio of 35.08, a P/E/G ratio of 0.59 and a beta of 1.80. ASML Holding N.V. has a fifty-two week low of $946.11 and a fifty-two week high of $1,999.96. The company has a quick ratio of 1.01, a current ratio of 1.49 and a debt-to-equity ratio of 0.09.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. The business 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%. Equities analysts expect that ASML Holding N.V. will post 46.54 EPS for the current year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Tuesday, October 27th were issued a $2.1077 dividend. This represents a $8.43 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, October 27th. This is a negative change from ASML’s previous quarterly dividend of $2.1507. ASML’s dividend payout ratio is currently 17.53%.

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.

Founded in 1984 as a joint venture between Philips and ASM International, ASML is headquartered in Veldhoven, the Netherlands.