Calamos Wealth Management LLC Acquires 1,399 Shares of ASML Holding N.V. $ASML

Calamos Wealth Management LLC grew its holdings in ASML Holding N.V. (NASDAQ:ASML) by 28.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,261 shares of the semiconductor company’s stock after buying an additional 1,399 shares during the period. Calamos Wealth Management LLC’s holdings in ASML were worth $11,343,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Baron Wealth Management LLC raised its stake in ASML by 1.8% in the 2nd quarter. Baron Wealth Management LLC now owns 333 shares of the semiconductor company’s stock valued at $662,000 after acquiring an additional 6 shares during the period. Whitener Capital Management Inc. boosted its stake in ASML by 2.8% in the 2nd quarter. Whitener Capital Management Inc. now owns 218 shares of the semiconductor company’s stock valued at $434,000 after purchasing an additional 6 shares during the period. Founders Financial Alliance LLC boosted its stake in ASML by 2.3% in the 2nd quarter. Founders Financial Alliance LLC now owns 266 shares of the semiconductor company’s stock valued at $529,000 after purchasing an additional 6 shares during the period. Bradley Foster & Sargent Inc. CT grew its holdings in ASML by 0.3% in the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 2,232 shares of the semiconductor company’s stock valued at $2,948,000 after buying an additional 7 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its holdings in ASML by 2.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 364 shares of the semiconductor company’s stock valued at $724,000 after buying an additional 7 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ASML has been the subject of a number of research reports. Weiss Ratings downgraded ASML from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 30th. Barclays restated an “overweight” rating on shares of ASML in a research note on Thursday, July 16th. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $2,400.00 to $2,350.00 and set an “overweight” rating for the company in a research note on Thursday, October 15th. DZ Bank raised shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Finally, UBS Group restated a “buy” rating on shares of ASML in a research report on Monday, September 28th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,204.71.

ASML Price Performance

ASML stock traded up $68.10 during midday trading on Friday, reaching $1,424.75. The company’s stock had a trading volume of 1,902,471 shares, compared to its average volume of 1,583,467. The company has a current ratio of 1.49, a quick ratio of 1.01 and a debt-to-equity ratio of 0.09. The stock has a market cap of $549.13 billion, a PE ratio of 35.08, a price-to-earnings-growth ratio of 0.63 and a beta of 1.80. ASML Holding N.V. has a 52 week low of $946.11 and a 52 week high of $1,999.96. The business has a 50-day moving average price of $1,677.25 and a 200-day moving average price of $1,599.85.

ASML (NASDAQ:ASML) last posted its earnings results on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. The firm had revenue of $13.27 billion during the quarter. On average, sell-side analysts predict that ASML Holding N.V. will post 46.54 EPS for the current year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Tuesday, October 27th were given a $2.1077 dividend. This is a decrease from ASML’s previous quarterly dividend of $2.1507. This represents a $8.43 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, October 27th. ASML’s dividend payout ratio (DPR) is 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.

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