ASML Holding N.V. $ASML Stake Boosted by Fisher Asset Management LLC

Fisher Asset Management LLC increased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,839,202 shares of the semiconductor company’s stock after buying an additional 101,588 shares during the quarter. ASML accounts for about 2.5% of Fisher Asset Management LLC’s investment portfolio, making the stock its 7th largest position. Fisher Asset Management LLC owned approximately 1.26% of ASML worth $8,767,040,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Private Advisory Group LLC lifted its position in ASML by 12.1% during the third quarter. Private Advisory Group LLC now owns 12,990 shares of the semiconductor company’s stock valued at $23,533,000 after purchasing an additional 1,398 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in ASML by 8.8% during the third quarter. Russell Investments Group Ltd. now owns 67,132 shares of the semiconductor company’s stock valued at $121,897,000 after purchasing an additional 5,446 shares during the period. Werba Rubin Papier Wealth Management grew its holdings in ASML by 4.1% during the third quarter. Werba Rubin Papier Wealth Management now owns 537 shares of the semiconductor company’s stock valued at $973,000 after purchasing an additional 21 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. increased its position in ASML by 12.4% in the third quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 309 shares of the semiconductor company’s stock worth $560,000 after buying an additional 34 shares in the last quarter. Finally, CENTRAL TRUST Co raised its stake in shares of ASML by 2.5% in the third quarter. CENTRAL TRUST Co now owns 4,014 shares of the semiconductor company’s stock worth $7,272,000 after buying an additional 96 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Trading Down 2.4%

ASML stock opened at $1,497.12 on Friday. The company has a market capitalization of $577.02 billion, a price-to-earnings ratio of 37.78, a PEG ratio of 0.64 and a beta of 1.80. 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 50 day simple moving average of $1,663.51 and a two-hundred day simple moving average of $1,602.33. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.49 and a quick ratio of 1.01.

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

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Tuesday, October 27th were paid a $2.1077 dividend. This represents a $8.43 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, October 27th. This is a decrease from ASML’s previous quarterly dividend of $2.1507. ASML’s dividend payout ratio is 17.55%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Cantor Fitzgerald reiterated an “overweight” rating on shares of ASML in a research note on Monday, September 14th. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research note on Wednesday, September 30th. Wall Street Zen upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Saturday, October 17th. DZ Bank raised shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Finally, Barclays reaffirmed an “overweight” rating on shares of ASML in a report on Thursday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus target price of $2,204.71.

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.