ASML Holding (NASDAQ:ASML) Stock Position Raised by Strategic Advisors LLC

Strategic Advisors LLC lifted its position in ASML Holding (NASDAQ:ASML) by 143.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,172 shares of the semiconductor company’s stock after buying an additional 1,278 shares during the quarter. Strategic Advisors LLC’s holdings in ASML were worth $1,810,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Sendero Wealth Management LLC lifted its stake in ASML by 2.7% in the third quarter. Sendero Wealth Management LLC now owns 4,198 shares of the semiconductor company’s stock valued at $3,498,000 after acquiring an additional 110 shares during the last quarter. Bruce G. Allen Investments LLC raised its holdings in shares of ASML by 21.2% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock valued at $67,000 after purchasing an additional 14 shares in the last quarter. Sanibel Captiva Trust Company Inc. lifted its stake in shares of ASML by 227.0% in the 3rd quarter. Sanibel Captiva Trust Company Inc. now owns 6,455 shares of the semiconductor company’s stock valued at $5,379,000 after purchasing an additional 4,481 shares during the last quarter. Wedmont Private Capital boosted its holdings in ASML by 5.1% in the third quarter. Wedmont Private Capital now owns 1,116 shares of the semiconductor company’s stock worth $912,000 after purchasing an additional 54 shares in the last quarter. Finally, Marcum Wealth LLC raised its holdings in ASML by 4.6% during the third quarter. Marcum Wealth LLC now owns 525 shares of the semiconductor company’s stock valued at $437,000 after buying an additional 23 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

ASML traded down $12.49 on Thursday, hitting $833.41. 521,914 shares of the stock traded hands, compared to its average volume of 1,246,793. The business has a fifty day moving average price of $845.34 and a two-hundred day moving average price of $926.19. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. ASML Holding has a 52 week low of $573.86 and a 52 week high of $1,110.09. The firm has a market capitalization of $328.85 billion, a PE ratio of 42.41, a P/E/G ratio of 1.97 and a beta of 1.48.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, topping the consensus estimate of $3.87 by $0.14. The firm had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. ASML’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same period last year, the business earned $5.37 earnings per share. On average, research analysts predict that ASML Holding will post 20.38 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were paid a $1.8732 dividend. The ex-dividend date of this dividend was Monday, July 29th. This represents a $7.49 dividend on an annualized basis and a yield of 0.90%. This is a boost from ASML’s previous quarterly dividend of $1.34. ASML’s payout ratio is presently 28.50%.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of analyst reports. Wells Fargo & Company lowered their price objective on ASML from $1,185.00 to $1,000.00 and set an “overweight” rating on the stock in a report on Thursday, October 3rd. Susquehanna increased their price target on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a report on Thursday, July 11th. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, UBS Group lowered shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Three 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 company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,111.80.

ASML Company 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.