ASML Holding N.V. $ASML Shares Bought by Private Advisory Group LLC

Private Advisory Group LLC raised its stake in ASML Holding N.V. (NASDAQ:ASML) by 12.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,990 shares of the semiconductor company’s stock after purchasing an additional 1,398 shares during the period. ASML comprises 1.3% of Private Advisory Group LLC’s investment portfolio, making the stock its 16th biggest position. Private Advisory Group LLC’s holdings in ASML were worth $23,533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in ASML. Baron Wealth Management LLC increased its stake in shares of ASML by 1.8% during the second quarter. Baron Wealth Management LLC now owns 333 shares of the semiconductor company’s stock worth $662,000 after buying an additional 6 shares during the period. Whitener Capital Management Inc. lifted its stake in ASML by 2.8% in the second quarter. Whitener Capital Management Inc. now owns 218 shares of the semiconductor company’s stock worth $434,000 after acquiring an additional 6 shares during the last quarter. Founders Financial Alliance LLC lifted its stake in ASML by 2.3% in the second quarter. Founders Financial Alliance LLC now owns 266 shares of the semiconductor company’s stock worth $529,000 after acquiring an additional 6 shares during the last quarter. Bradley Foster & Sargent Inc. CT lifted its stake in ASML by 0.3% in the first quarter. Bradley Foster & Sargent Inc. CT now owns 2,232 shares of the semiconductor company’s stock worth $2,948,000 after acquiring an additional 7 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its holdings in ASML by 2.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 364 shares of the semiconductor company’s stock worth $724,000 after acquiring an additional 7 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML stock opened at $1,497.12 on Friday. The business has a 50 day moving average price of $1,663.51 and a 200 day moving average price of $1,602.33. The company has a quick ratio of 1.01, a current ratio of 1.49 and a debt-to-equity ratio of 0.09. The stock has a market cap of $577.02 billion, a price-to-earnings ratio of 36.86, a PEG ratio of 0.64 and a beta of 1.80. ASML Holding N.V. has a fifty-two week low of $946.11 and a fifty-two week high of $1,999.96.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. The company had revenue of $13.27 billion for the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. Equities research analysts anticipate that ASML Holding N.V. will post 46.51 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th were given a dividend of $2.1077 per share. The ex-dividend date was Tuesday, October 27th. This represents a $8.43 annualized dividend and a dividend yield of 0.6%. This is a drop from ASML’s previous quarterly dividend of $2.1507. ASML’s payout ratio is presently 17.55%.

Wall Street Analyst Weigh In

A number of brokerages have commented on ASML. Barclays reissued an “overweight” rating on shares of ASML in a research report on Thursday, July 16th. Wells Fargo & Company raised their price objective on shares of ASML from $2,200.00 to $2,500.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. UBS Group reaffirmed a “buy” rating on shares of ASML in a research report on Monday, September 28th. JPMorgan Chase & Co. lowered their target price 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. Finally, Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research note on Wednesday, September 30th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average target price of $2,204.71.

About ASML

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.