Vontobel Holding Ltd. increased its holdings in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 17.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,432 shares of the semiconductor company’s stock after acquiring an additional 8,118 shares during the period. Vontobel Holding Ltd.’s holdings in ASML were worth $51,727,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in the business. OLD National Bancorp IN raised its stake in shares of ASML by 28.7% in the third quarter. OLD National Bancorp IN now owns 6,150 shares of the semiconductor company’s stock worth $5,954,000 after purchasing an additional 1,372 shares during the last quarter. Trust Co. of Vermont lifted its stake in ASML by 47.2% during the 3rd quarter. Trust Co. of Vermont now owns 53 shares of the semiconductor company’s stock valued at $51,000 after acquiring an additional 17 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in ASML by 26.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,683 shares of the semiconductor company’s stock worth $5,501,000 after acquiring an additional 1,193 shares during the last quarter. Euro Pacific Asset Management LLC bought a new stake in shares of ASML in the 3rd quarter worth $424,000. Finally, Roffman Miller Associates Inc. PA grew its stake in shares of ASML by 1.1% in the 3rd quarter. Roffman Miller Associates Inc. PA now owns 31,758 shares of the semiconductor company’s stock worth $30,745,000 after acquiring an additional 351 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently weighed in on ASML shares. Zacks Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 9th. Morgan Stanley upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. Arete Research raised ASML to a “strong-buy” rating in a report on Friday, September 12th. DZ Bank reiterated a “neutral” rating on shares of ASML in a report on Wednesday, October 15th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research note on Friday, October 10th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,171.83.
ASML Stock Performance
Shares of ASML opened at $1,060.46 on Wednesday. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,141.72. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The stock’s fifty day moving average price is $1,049.37 and its two-hundred day moving average price is $892.97. The firm has a market cap of $417.06 billion, a PE ratio of 43.23, a PEG ratio of 1.64 and a beta of 1.87.
ASML (NASDAQ:ASML – Get Free Report) last posted its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, topping the consensus estimate of $6.27 by $0.14. The company had revenue of $8.80 billion during the quarter, compared to the consensus estimate of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.28 EPS. On average, equities research analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.
ASML Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were paid a dividend of $1.857 per share. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Wednesday, October 29th. This is an increase from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio is currently 25.80%.
ASML Company Profile
ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.
ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.
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