ASML Holding N.V. $ASML Stock Holdings Boosted by MGO One Seven LLC

MGO One Seven LLC lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 28.8% during the third quarter, Holdings Channel reports. The firm owned 2,906 shares of the semiconductor company’s stock after purchasing an additional 649 shares during the quarter. MGO One Seven LLC’s holdings in ASML were worth $5,266,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Curtis Advisory Group LLC boosted its holdings in shares of ASML by 2.8% in the third quarter. Curtis Advisory Group LLC now owns 740 shares of the semiconductor company’s stock worth $1,341,000 after buying an additional 20 shares during the period. Aprio Wealth Management LLC increased its position in shares of ASML by 4.9% in the third quarter. Aprio Wealth Management LLC now owns 2,071 shares of the semiconductor company’s stock worth $3,752,000 after acquiring an additional 97 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of ASML by 641.2% in the third quarter. International Assets Investment Management LLC now owns 9,606 shares of the semiconductor company’s stock worth $17,403,000 after acquiring an additional 8,310 shares in the last quarter. Glenview Trust Co raised its holdings in shares of ASML by 4.9% during the third quarter. Glenview Trust Co now owns 5,680 shares of the semiconductor company’s stock valued at $10,290,000 after acquiring an additional 263 shares during the period. Finally, Steadview Capital Management LLC raised its holdings in shares of ASML by 15.5% during the third quarter. Steadview Capital Management LLC now owns 12,517 shares of the semiconductor company’s stock valued at $22,677,000 after acquiring an additional 1,680 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ASML has been the subject of several research analyst reports. Argus set a $2,100.00 price target on shares of ASML in a research report on Thursday, July 16th. Cantor Fitzgerald reiterated an “overweight” rating on shares of ASML in a research report on Monday, September 14th. Sanford C. Bernstein boosted their target price on shares of ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Royal Bank Of Canada reissued an “outperform” rating and set a $2,100.00 target price on shares of ASML in a research note on Wednesday, October 7th. Finally, Barclays restated an “overweight” rating on shares of ASML in a report on Thursday, July 16th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $2,079.12.

ASML Price Performance

Shares of ASML opened at $1,526.14 on Tuesday. The business’s 50-day moving average is $1,699.96 and its 200-day moving average is $1,597.10. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.49 and a quick ratio of 1.01. The company has a market capitalization of $588.20 billion, a price-to-earnings ratio of 37.57, a P/E/G ratio of 0.69 and a beta of 1.77. ASML Holding N.V. has a fifty-two week low of $946.11 and a fifty-two week high of $1,999.96.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. The business had revenue of $13.27 billion during the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. Equities research analysts expect that ASML Holding N.V. will post 46.54 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th will be issued a dividend of $2.1077 per share. The ex-dividend date is Tuesday, October 27th. This represents a $8.43 annualized dividend and a dividend yield of 0.6%. This is a negative change from ASML’s previous quarterly dividend of $2.1507. ASML’s dividend payout ratio is presently 17.53%.

ASML 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.