ASML Holding N.V. $ASML Stock: Oppenheimer & Co. Inc. Increases Holdings

Oppenheimer & Co. Inc. increased its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 4.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,111 shares of the semiconductor company’s stock after buying an additional 517 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in ASML were worth $21,941,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Center for Financial Planning Inc. grew its position in ASML by 6.8% in the third quarter. Center for Financial Planning Inc. now owns 237 shares of the semiconductor company’s stock worth $429,000 after acquiring an additional 15 shares during the period. Verdence Capital Advisors LLC increased its stake in ASML by 5.1% during the third quarter. Verdence Capital Advisors LLC now owns 3,678 shares of the semiconductor company’s stock worth $6,663,000 after acquiring an additional 178 shares during the last quarter. Maxi Investments CY Ltd acquired a new stake in ASML during the third quarter worth $1,449,000. AGH Wealth Advisors LLC raised its position in ASML by 3.7% in the third quarter. AGH Wealth Advisors LLC now owns 254 shares of the semiconductor company’s stock valued at $460,000 after purchasing an additional 9 shares during the period. Finally, RD Finance Ltd purchased a new stake in ASML in the third quarter valued at $987,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently commented on ASML shares. UBS Group reaffirmed a “buy” rating on shares of ASML in a research note on Monday, September 28th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research report on Friday, July 10th. Susquehanna restated a “positive” rating on shares of ASML in a report on Tuesday, June 30th. Wells Fargo & Company upped their target price on shares of ASML from $2,200.00 to $2,500.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Finally, Weiss Ratings raised shares of ASML from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 16th. Three 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,079.12.

ASML Stock Up 1.2%

ASML stock opened at $1,590.90 on Tuesday. ASML Holding N.V. has a fifty-two week low of $946.11 and a fifty-two week high of $1,999.96. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.01 and a current ratio of 1.49. The firm has a 50 day moving average price of $1,722.74 and a 200 day moving average price of $1,586.27. The company has a market capitalization of $613.16 billion, a PE ratio of 39.17, a price-to-earnings-growth ratio of 0.66 and a beta of 1.77.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. The company had revenue of $13.27 billion for the quarter. Research analysts expect that ASML Holding N.V. will post 46.03 earnings per share for the current year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Tuesday, October 27th will be issued a $2.1077 dividend. The ex-dividend date is Tuesday, October 27th. This represents a $8.43 annualized dividend and a dividend yield of 0.5%. This is a drop from ASML’s previous quarterly dividend of $2.1507. ASML’s dividend payout ratio (DPR) is presently 17.90%.

ASML Company Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment helps customers transfer intricate circuit patterns onto silicon wafers, a critical step in the production of processors, memory chips and other semiconductor devices.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, which support the production of the most advanced chips, as well as deep ultraviolet (DUV) lithography systems for a broad range of semiconductor applications.