ASML Holding N.V. $ASML Stock Acquired by Calamos Wealth Management LLC

Calamos Wealth Management LLC raised its position in ASML Holding N.V. (NASDAQ:ASML) by 28.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 6,261 shares of the semiconductor company’s stock after buying an additional 1,399 shares during the period. Calamos Wealth Management LLC’s holdings in ASML were worth $11,343,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in ASML. Calamos Advisors LLC raised its stake in shares of ASML by 6.7% during the third quarter. Calamos Advisors LLC now owns 7,815 shares of the semiconductor company’s stock valued at $14,158,000 after acquiring an additional 488 shares during the last quarter. Syverson Strege & Co grew its stake in shares of ASML by 13.4% in the third quarter. Syverson Strege & Co now owns 186 shares of the semiconductor company’s stock worth $337,000 after purchasing an additional 22 shares during the last quarter. Argonautica Private Wealth Management Inc. grew its stake in shares of ASML by 54.2% in the third quarter. Argonautica Private Wealth Management Inc. now owns 1,317 shares of the semiconductor company’s stock worth $2,387,000 after purchasing an additional 463 shares during the last quarter. Principle Wealth Partners LLC increased its holdings in ASML by 1.6% in the third quarter. Principle Wealth Partners LLC now owns 3,838 shares of the semiconductor company’s stock valued at $6,955,000 after purchasing an additional 62 shares during the period. Finally, Kestra Advisory Services LLC increased its holdings in ASML by 13.4% in the third quarter. Kestra Advisory Services LLC now owns 23,757 shares of the semiconductor company’s stock valued at $43,041,000 after purchasing an additional 2,800 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have commented on ASML. Argus set a $2,100.00 target price on ASML in a report on Thursday, July 16th. JPMorgan Chase & Co. lowered their price objective on ASML from $2,400.00 to $2,350.00 and set an “overweight” rating for the company in a research report on Thursday, October 15th. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Thursday, October 15th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $2,100.00 target price on shares of ASML in a report on Wednesday, October 7th. Finally, UBS Group reissued a “buy” rating on shares of ASML in a research report on Monday, September 28th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average price target of $2,204.71.

ASML Trading Up 5.0%

ASML stock traded up $68.10 during midday trading on Friday, hitting $1,424.75. The stock had a trading volume of 1,902,471 shares, compared to its average volume of 1,583,467. The firm has a market cap of $549.13 billion, a P/E ratio of 35.08, a price-to-earnings-growth ratio of 0.63 and a beta of 1.80. The company has a current ratio of 1.49, a quick ratio of 1.01 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a 1-year low of $946.11 and a 1-year high of $1,999.96. The business has a fifty day moving average price of $1,677.25 and a two-hundred day moving average price of $1,599.85.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share for the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. The firm had revenue of $13.27 billion during the quarter. On average, sell-side analysts predict that ASML Holding N.V. will post 46.54 earnings per share for the current fiscal year.

ASML Cuts Dividend

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

ASML Profile

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.

Founded in 1984 as a joint venture between Philips and ASM International, ASML is headquartered in Veldhoven, the Netherlands.