Bank of New Hampshire Has $962,000 Holdings in ASML Holding (NASDAQ:ASML)

Bank of New Hampshire grew its holdings in ASML Holding (NASDAQ:ASML) by 6.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,155 shares of the semiconductor company’s stock after purchasing an additional 73 shares during the period. Bank of New Hampshire’s holdings in ASML were worth $962,000 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. Resources Management Corp CT ADV bought a new position in shares of ASML in the second quarter valued at $26,000. American Capital Advisory LLC bought a new position in shares of ASML in the first quarter valued at $26,000. WD Rutherford LLC bought a new position in shares of ASML in the first quarter valued at $29,000. Triad Wealth Partners LLC bought a new position in shares of ASML in the second quarter valued at $31,000. Finally, First Community Trust NA bought a new position in ASML during the second quarter worth $34,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have commented on ASML. JPMorgan Chase & Co. lifted their price objective on shares of ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research report on Thursday, July 18th. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Morgan Stanley cut shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Susquehanna lifted their price objective on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research report on Thursday, July 11th. Finally, Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,110.80.

ASML Stock Performance

Shares of ASML stock traded down $15.75 during trading on Monday, reaching $817.25. The company’s stock had a trading volume of 897,501 shares, compared to its average volume of 1,251,700. The business’s 50-day moving average price is $848.94 and its 200-day moving average price is $929.08. The firm has a market cap of $322.48 billion, a PE ratio of 41.54, a P/E/G ratio of 1.97 and a beta of 1.48. ASML Holding has a 52 week low of $573.86 and a 52 week high of $1,110.09. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31.

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

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were paid a $1.8732 dividend. This represents a $7.49 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date was Monday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.34. ASML’s payout ratio is 28.50%.

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.