Aljian Capital Management LLC acquired a new position in shares of ASML Holding (NASDAQ:ASML – Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 339 shares of the semiconductor company’s stock, valued at approximately $282,000.
Several other large investors have also recently made changes to their positions in ASML. Van ECK Associates Corp raised its position in shares of ASML by 37.0% in the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after acquiring an additional 474,653 shares during the period. GQG Partners LLC raised its holdings in ASML by 21.6% in the 1st quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock worth $1,608,921,000 after purchasing an additional 294,784 shares during the period. Janus Henderson Group PLC boosted its position in ASML by 18.9% during the first quarter. Janus Henderson Group PLC now owns 1,220,210 shares of the semiconductor company’s stock worth $1,184,173,000 after purchasing an additional 194,357 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its position in ASML by 4,379.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock worth $910,102,000 after purchasing an additional 870,010 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in ASML by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 817,709 shares of the semiconductor company’s stock valued at $836,300,000 after purchasing an additional 2,085 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on ASML. Sanford C. Bernstein decreased their target price on ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a research report on Monday, October 21st. Wells Fargo & Company decreased their price target on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. JPMorgan Chase & Co. cut their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Berenberg Bank raised ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $970.60.
ASML Price Performance
NASDAQ:ASML opened at $658.63 on Monday. The stock has a 50 day moving average price of $756.70 and a 200 day moving average price of $881.85. The stock has a market cap of $259.12 billion, a PE ratio of 34.48, a P/E/G ratio of 1.90 and a beta of 1.51. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. ASML Holding has a one year low of $654.77 and a one year high of $1,110.09.
ASML (NASDAQ:ASML – Get Free Report) last posted its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping the consensus estimate of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The business had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. Equities research analysts expect that ASML Holding will post 20.77 EPS for the current fiscal year.
ASML Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were issued a dividend of $1.407 per share. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.85%. ASML’s dividend payout ratio is currently 29.21%.
ASML Profile
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.
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