Fiduciary Alliance LLC Raises Stock Holdings in ASML Holding N.V. $ASML

Fiduciary Alliance LLC raised its stake in ASML Holding N.V. (NASDAQ:ASML) by 103.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,965 shares of the semiconductor company’s stock after purchasing an additional 2,524 shares during the period. Fiduciary Alliance LLC’s holdings in ASML were worth $4,807,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of ASML. Capstone Wealth Management Group LLC lifted its position in ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after acquiring an additional 124 shares during the last quarter. Nuveen LLC acquired a new position in shares of ASML during the first quarter worth $1,376,000. Northern Trust Corp increased its position in shares of ASML by 3.4% during the first quarter. Northern Trust Corp now owns 690,566 shares of the semiconductor company’s stock worth $457,590,000 after purchasing an additional 22,541 shares in the last quarter. Aptus Capital Advisors LLC lifted its holdings in shares of ASML by 14.6% during the 1st quarter. Aptus Capital Advisors LLC now owns 2,455 shares of the semiconductor company’s stock valued at $1,627,000 after purchasing an additional 312 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new stake in shares of ASML in the 1st quarter worth $3,789,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on ASML shares. Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Evercore ISI reiterated an “outperform” rating on shares of ASML in a research note on Thursday, October 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a report on Wednesday, December 10th. HSBC reaffirmed a “buy” rating on shares of ASML in a research report on Friday, October 17th. Finally, Erste Group Bank raised ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average target price of $1,171.83.

ASML Price Performance

NASDAQ:ASML opened at $1,015.43 on Thursday. The firm’s fifty day moving average is $1,042.84 and its two-hundred day moving average is $883.42. The firm has a market cap of $399.35 billion, a price-to-earnings ratio of 41.33, a PEG ratio of 1.67 and a beta of 1.87. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,141.72.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.27 by $0.14. The business had revenue of $8.80 billion during the quarter, compared to analysts’ expectations of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The company’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.28 EPS. Research analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were issued a dividend of $1.857 per share. This is a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend was Wednesday, October 29th. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. ASML’s payout ratio is presently 25.80%.

About ASML

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.