ASML Holding N.V. $ASML Position Boosted by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 26.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,683 shares of the semiconductor company’s stock after acquiring an additional 1,193 shares during the period. Farther Finance Advisors LLC’s holdings in ASML were worth $5,501,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Capstone Wealth Management Group LLC raised its stake in shares of 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 purchasing an additional 124 shares in the last quarter. Nuveen LLC bought a new position in ASML in the 1st quarter valued at about $1,376,000. CW Advisors LLC increased its stake in ASML by 42.8% during the 1st quarter. CW Advisors LLC now owns 2,059 shares of the semiconductor company’s stock valued at $1,372,000 after buying an additional 617 shares during the period. Jump Financial LLC bought a new stake in shares of ASML during the 1st quarter worth about $2,871,000. Finally, Synovus Financial Corp lifted its stake in shares of ASML by 37.0% in the 1st quarter. Synovus Financial Corp now owns 941 shares of the semiconductor company’s stock worth $624,000 after acquiring an additional 254 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Up 0.5%

Shares of ASML stock opened at $1,061.84 on Wednesday. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,141.72. The firm has a market capitalization of $417.60 billion, a PE ratio of 43.22, a price-to-earnings-growth ratio of 1.64 and a beta of 1.87. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The stock’s fifty day moving average is $1,049.37 and its 200-day moving average is $892.97.

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

ASML Increases Dividend

The company also recently declared 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 an increase from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is presently 25.80%.

Wall Street Analyst Weigh In

ASML has been the topic of a number of research analyst reports. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Friday, October 10th. Arete Research upgraded ASML to a “strong-buy” rating in a research report on Friday, September 12th. HSBC reissued a “buy” rating on shares of ASML in a research note on Friday, October 17th. Morgan Stanley raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. Finally, Hsbc Global Res upgraded shares of ASML to a “strong-buy” rating in a research report on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,171.83.

ASML Company Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.