3,403 Shares in ASML Holding N.V. $ASML Purchased by Buttonwood Financial Advisors Inc.

Buttonwood Financial Advisors Inc. bought a new stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) during the 3rd quarter, Holdings Channel reports. The firm bought 3,403 shares of the semiconductor company’s stock, valued at approximately $3,294,000. ASML comprises 1.1% of Buttonwood Financial Advisors Inc.’s investment portfolio, making the stock its 26th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Princeton Global Asset Management LLC raised its holdings in shares of ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 20 shares during the last quarter. Binnacle Investments Inc grew its position in ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares during the period. Pin Oak Investment Advisors Inc. purchased a new stake in ASML during the 2nd quarter valued at $30,000. Washington Trust Advisors Inc. lifted its holdings in shares of ASML by 129.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 22 shares during the period. Finally, Maseco LLP purchased a new position in shares of ASML in the 2nd quarter worth $32,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML News Summary

Here are the key news stories impacting ASML this week:

Wall Street Analysts Forecast Growth

A number of analysts recently commented on ASML shares. Bank Degroof cut ASML to a “hold” rating in a research report on Friday, October 10th. New Street Research reaffirmed a “neutral” rating on shares of ASML in a research report on Monday, October 6th. Redburn Partners set a $1,200.00 price objective on shares of ASML in a report on Friday, November 7th. Rothschild & Co Redburn raised shares of ASML from a “neutral” rating to a “buy” rating in a report on Friday, November 7th. Finally, Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Monday, October 13th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and an average price target of $1,171.83.

View Our Latest Research Report on ASML

ASML Trading Up 8.8%

ASML stock opened at $1,163.78 on Friday. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,172.77. The firm has a market capitalization of $457.69 billion, a price-to-earnings ratio of 47.37, a P/E/G ratio of 1.60 and a beta of 1.86. The firm has a 50 day moving average of $1,058.10 and a 200 day moving average of $908.22. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14.

ASML (NASDAQ:ASMLGet Free Report) last posted 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. The business had revenue of $8.80 billion during the quarter, compared to analyst estimates of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company’s revenue was up .7% on a year-over-year basis. During the same period in the prior year, the business posted $5.28 earnings per share. As a group, research analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were issued a $1.857 dividend. The ex-dividend date of this dividend was Wednesday, October 29th. This represents a $7.43 annualized dividend and a yield of 0.6%. This is an increase from ASML’s previous quarterly dividend of $1.86. ASML’s payout ratio is currently 25.80%.

ASML Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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