Calamos Wealth Management LLC Has $2.91 Million Stake in ASML Holding N.V. $ASML

Calamos Wealth Management LLC lowered its holdings in ASML Holding N.V. (NASDAQ:ASML) by 37.0% in the third quarter, HoldingsChannel.com reports. The firm owned 3,009 shares of the semiconductor company’s stock after selling 1,767 shares during the quarter. Calamos Wealth Management LLC’s holdings in ASML were worth $2,913,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in ASML. Fisher Asset Management LLC boosted its stake in shares of ASML by 6.3% in the second quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock valued at $3,401,304,000 after buying an additional 250,934 shares during the period. Franklin Resources Inc. raised its holdings in ASML by 5.2% in the 2nd quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock valued at $611,933,000 after acquiring an additional 37,994 shares in the last quarter. Amundi lifted its position in shares of ASML by 91.6% during the 1st quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock valued at $403,215,000 after acquiring an additional 307,214 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in shares of ASML by 14.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 583,093 shares of the semiconductor company’s stock worth $467,285,000 after purchasing an additional 72,164 shares in the last quarter. Finally, Brown Advisory Inc. grew its holdings in shares of ASML by 1.8% during the 2nd quarter. Brown Advisory Inc. now owns 448,798 shares of the semiconductor company’s stock worth $359,662,000 after purchasing an additional 8,070 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the subject of several recent analyst reports. Morningstar cut shares of ASML to a “hold” rating in a research report on Thursday, September 18th. Mizuho raised shares of ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Barclays reiterated a “neutral” rating on shares of ASML in a research report on Wednesday, December 17th. Bank Degroof downgraded shares of ASML to a “hold” rating in a research report on Friday, October 10th. Finally, Bank of America raised their target price on ASML from $1,092.00 to $1,331.00 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Three research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,171.83.

ASML Stock Performance

Shares of ASML stock opened at $1,072.14 on Wednesday. The company’s 50 day moving average price is $1,053.65 and its two-hundred day moving average price is $903.21. The firm has a market capitalization of $421.65 billion, a P/E ratio of 43.64, a P/E/G ratio of 1.65 and a beta of 1.87. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,141.72. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. The company 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%.ASML’s revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the company earned $5.28 EPS. On average, equities analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

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

ASML 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.