Circle Wealth Management LLC Has $868,000 Stock Position in ASML Holding (NASDAQ:ASML)

Circle Wealth Management LLC boosted its holdings in ASML Holding (NASDAQ:ASML) by 39.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,042 shares of the semiconductor company’s stock after buying an additional 295 shares during the period. Circle Wealth Management LLC’s holdings in ASML were worth $868,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of ASML. Fisher Asset Management LLC raised its position in ASML by 1.0% in the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock worth $2,654,921,000 after purchasing an additional 31,879 shares in the last quarter. Edgewood Management LLC raised its holdings in shares of ASML by 3.3% in the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after buying an additional 70,776 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after buying an additional 474,653 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in ASML by 4,379.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock valued at $910,102,000 after buying an additional 870,010 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in ASML by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 817,709 shares of the semiconductor company’s stock valued at $836,300,000 after acquiring an additional 2,085 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

Shares of ASML stock opened at $686.61 on Friday. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The firm has a fifty day moving average of $732.20 and a 200-day moving average of $865.74. The firm has a market capitalization of $270.13 billion, a price-to-earnings ratio of 35.95, a price-to-earnings-growth ratio of 1.95 and a beta of 1.51. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.24 by $0.56. The business had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. On average, equities research analysts forecast that ASML Holding will post 20.68 earnings per share for the current year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were paid a $1.407 dividend. This represents a $5.63 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s payout ratio is presently 29.21%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ASML shares. Morgan Stanley cut shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. JPMorgan Chase & Co. decreased their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Susquehanna lowered their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Sanford C. Bernstein lowered their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday. Finally, Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $961.00.

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.