Private Advisory Group LLC increased its position in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 12.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 12,990 shares of the semiconductor company’s stock after purchasing an additional 1,398 shares during the period. ASML accounts for about 1.3% of Private Advisory Group LLC’s holdings, making the stock its 16th biggest holding. Private Advisory Group LLC’s holdings in ASML were worth $23,533,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the company. Russell Investments Group Ltd. boosted its holdings in shares of ASML by 8.8% in the third quarter. Russell Investments Group Ltd. now owns 67,132 shares of the semiconductor company’s stock valued at $121,897,000 after acquiring an additional 5,446 shares during the period. Werba Rubin Papier Wealth Management grew its position in shares of ASML by 4.1% during the third quarter. Werba Rubin Papier Wealth Management now owns 537 shares of the semiconductor company’s stock worth $973,000 after acquiring an additional 21 shares during the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. increased its holdings in shares of ASML by 12.4% in the 3rd quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 309 shares of the semiconductor company’s stock valued at $560,000 after acquiring an additional 34 shares during the period. CENTRAL TRUST Co increased its holdings in shares of ASML by 2.5% in the 3rd quarter. CENTRAL TRUST Co now owns 4,014 shares of the semiconductor company’s stock valued at $7,272,000 after acquiring an additional 96 shares during the period. Finally, Fifth Third Bancorp increased its holdings in shares of ASML by 8.1% in the 3rd quarter. Fifth Third Bancorp now owns 11,257 shares of the semiconductor company’s stock valued at $20,394,000 after acquiring an additional 844 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.
ASML Trading Down 2.4%
Shares of ASML stock opened at $1,497.12 on Friday. The business’s fifty day moving average price is $1,663.51 and its 200 day moving average price is $1,602.33. 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 market capitalization of $577.02 billion, a PE ratio of 36.86, a P/E/G 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 – Get Free Report) last released its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. The firm had revenue of $13.27 billion during the quarter. As a group, sell-side analysts forecast that ASML Holding N.V. will post 46.51 EPS for the current fiscal year.
ASML Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th were paid a dividend of $2.1077 per share. This is a drop from ASML’s previous quarterly dividend of $2.1507. The ex-dividend date of this dividend was Tuesday, October 27th. This represents a $8.43 dividend on an annualized basis and a dividend yield of 0.6%. ASML’s dividend payout ratio is currently 17.55%.
Wall Street Analysts Forecast Growth
Several analysts recently commented on ASML shares. DZ Bank upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. JPMorgan Chase & Co. lowered their price objective on shares of ASML from $2,400.00 to $2,350.00 and set an “overweight” rating on the stock in a research report on Thursday, October 15th. Royal Bank Of Canada restated an “outperform” rating and issued a $2,100.00 price objective on shares of ASML in a research note on Wednesday, October 7th. Wall Street Zen raised shares of ASML from a “hold” rating to a “buy” rating in a report on Saturday, October 17th. Finally, Barclays reaffirmed an “overweight” rating on shares of ASML in a report on Thursday, July 16th. Two 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 company. Based on data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $2,204.71.
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.
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