ASML Holding N.V. $ASML Shares Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lifted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 4.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,111 shares of the semiconductor company’s stock after purchasing an additional 517 shares during the period. Oppenheimer & Co. Inc.’s holdings in ASML were worth $21,941,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in ASML. Van ECK Associates Corp lifted its holdings in ASML by 31.7% during the 2nd quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock worth $4,892,869,000 after buying an additional 592,125 shares in the last quarter. Sei Investments Co. grew its stake in shares of ASML by 223.7% in the first quarter. Sei Investments Co. now owns 287,225 shares of the semiconductor company’s stock worth $379,368,000 after acquiring an additional 198,505 shares in the last quarter. Amundi grew its stake in shares of ASML by 498.0% in the second quarter. Amundi now owns 156,791 shares of the semiconductor company’s stock worth $311,926,000 after acquiring an additional 130,573 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of ASML by 6.3% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock worth $2,168,227,000 after acquiring an additional 96,860 shares during the period. Finally, Lazard Asset Management LLC increased its position in shares of ASML by 25.8% during the first quarter. Lazard Asset Management LLC now owns 339,642 shares of the semiconductor company’s stock worth $448,610,000 after acquiring an additional 69,668 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on ASML shares. DZ Bank upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. JPMorgan Chase & Co. lowered their target price on 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. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a report on Monday, September 14th. Wall Street Zen raised ASML from a “hold” rating to a “buy” rating in a research report on Saturday, October 17th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research note on Friday, July 10th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,079.12.

ASML Trading Up 1.2%

NASDAQ ASML opened at $1,590.90 on Tuesday. ASML Holding N.V. has a 52 week low of $946.11 and a 52 week high of $1,999.96. The firm has a 50 day moving average of $1,722.74 and a two-hundred day moving average of $1,586.27. The stock has a market capitalization of $613.16 billion, a PE ratio of 39.17, a price-to-earnings-growth ratio of 0.66 and a beta of 1.77. The company has a quick ratio of 1.01, a current ratio of 1.49 and a debt-to-equity ratio of 0.09.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. The business had revenue of $13.27 billion during the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. As a group, research analysts expect that ASML Holding N.V. will post 46.03 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Tuesday, October 27th will be paid a $2.1077 dividend. This is a drop from ASML’s previous quarterly dividend of $2.1507. This represents a $8.43 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Tuesday, October 27th. ASML’s payout ratio is 17.90%.

ASML Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment helps customers transfer intricate circuit patterns onto silicon wafers, a critical step in the production of processors, memory chips and other semiconductor devices.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, which support the production of the most advanced chips, as well as deep ultraviolet (DUV) lithography systems for a broad range of semiconductor applications.