ASML Holding N.V. $ASML Stock: Ground Swell Capital LLC Reduces Position

Ground Swell Capital LLC lowered its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 91.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 142 shares of the semiconductor company’s stock after selling 1,511 shares during the period. Ground Swell Capital LLC’s holdings in ASML were worth $257,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. NBH Bank acquired a new position in shares of ASML in the 2nd quarter valued at approximately $26,000. Gilpin Wealth Management LLC lifted its position in shares of ASML by 275.0% in the 3rd quarter. Gilpin Wealth Management LLC now owns 15 shares of the semiconductor company’s stock worth $27,000 after buying an additional 11 shares during the last quarter. Quest 10 Wealth Builders Inc. bought a new position in ASML in the third quarter worth about $27,000. Field & Main Bank bought a new stake in shares of ASML in the 2nd quarter worth approximately $30,000. Finally, Vision Financial Markets LLC bought a new stake in ASML in the third quarter valued at $36,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ASML. Citigroup reiterated a “buy” rating on shares of ASML in a research report on Thursday, October 15th. UBS Group restated a “buy” rating on shares of ASML in a research report on Monday, September 28th. Wall Street Zen upgraded ASML from a “hold” rating to a “buy” rating in a report on Saturday, October 17th. Cantor Fitzgerald reissued an “overweight” rating on shares of ASML in a research report on Monday, September 14th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $2,100.00 price objective on shares of ASML in a research report on Wednesday, October 7th. 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 company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $2,204.71.

ASML Stock Down 0.1%

NASDAQ ASML traded down $1.96 on Friday, reaching $1,495.16. The stock had a trading volume of 1,362,733 shares, compared to its average volume of 1,710,263. The business has a 50 day moving average price of $1,660.49 and a 200 day moving average price of $1,602.53. The company has a current ratio of 1.49, a quick ratio of 1.01 and a debt-to-equity ratio of 0.09. 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 market capitalization of $576.26 billion, a price-to-earnings ratio of 36.81, a P/E/G ratio of 0.62 and a beta of 1.80.

ASML (NASDAQ:ASML) last issued its earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share for the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. The company had revenue of $13.27 billion for the quarter. On average, analysts forecast that ASML Holding N.V. will post 46.51 EPS for the current fiscal 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 paid a $2.1077 dividend. This represents a $8.43 annualized dividend and a dividend 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 (DPR) is presently 17.55%.

About ASML

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.