Forum Financial Management LP Has $1.82 Million Position in ASML Holding N.V. $ASML

Forum Financial Management LP trimmed its holdings in ASML Holding N.V. (NASDAQ:ASML) by 18.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,267 shares of the semiconductor company’s stock after selling 519 shares during the quarter. Forum Financial Management LP’s holdings in ASML were worth $1,816,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. UMB Bank n.a. increased its holdings in ASML by 4.3% during the 2nd quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock worth $254,000 after purchasing an additional 13 shares in the last quarter. Rossmore Private Capital increased its holdings in ASML by 0.3% during the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock worth $2,880,000 after purchasing an additional 14 shares in the last quarter. Baring Financial LLC increased its holdings in ASML by 2.8% during the 2nd quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock worth $409,000 after purchasing an additional 14 shares in the last quarter. Sage Mountain Advisors LLC increased its holdings in ASML by 2.6% during the 1st quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company’s stock worth $399,000 after purchasing an additional 15 shares in the last quarter. Finally, Manchester Capital Management LLC grew its holdings in shares of ASML by 15.2% in the first quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company’s stock valued at $76,000 after acquiring an additional 15 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ASML has been the subject of several recent analyst reports. Hsbc Global Res raised ASML to a “strong-buy” rating in a report on Monday, October 6th. Barclays reiterated an “overweight” rating on shares of ASML in a research note on Tuesday, September 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research note on Thursday, October 16th. Citigroup reiterated a “buy” rating on shares of ASML in a research note on Tuesday, October 7th. Finally, Bank Degroof downgraded ASML to a “hold” rating in a research note on Friday, October 10th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $1,051.60.

ASML Trading Down 1.3%

NASDAQ:ASML opened at $1,011.57 on Thursday. The company has a market cap of $397.83 billion, a P/E ratio of 41.17, a P/E/G ratio of 1.69 and a beta of 1.87. The stock’s fifty day moving average price is $881.48 and its two-hundred day moving average price is $781.44. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,059.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.27 by $0.14. The firm had revenue of $8.71 billion for 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 business’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the business posted $5.28 earnings per share. As a group, analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Wednesday, October 29th will be given a $1.857 dividend. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. This is a boost from ASML’s previous quarterly dividend of $1.86. The ex-dividend date is Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is 25.56%.

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.