Semus Wealth Partners LLC Purchases New Shares in ASML Holding (NASDAQ:ASML)

Semus Wealth Partners LLC purchased a new stake in shares of ASML Holding (NASDAQ:ASML) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 544 shares of the semiconductor company’s stock, valued at approximately $453,000.

A number of other hedge funds also recently bought and sold shares of the business. Van ECK Associates Corp raised its stake in ASML by 37.0% during the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after purchasing an additional 474,653 shares in the last quarter. GQG Partners LLC raised its stake in ASML by 21.6% during the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock valued at $1,608,921,000 after purchasing an additional 294,784 shares in the last quarter. Janus Henderson Group PLC raised its stake in ASML by 18.9% during the first quarter. Janus Henderson Group PLC now owns 1,220,210 shares of the semiconductor company’s stock valued at $1,184,173,000 after purchasing an additional 194,357 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in ASML by 4,379.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock valued at $910,102,000 after purchasing an additional 870,010 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in ASML by 0.3% during the second quarter. Dimensional Fund Advisors LP now owns 817,709 shares of the semiconductor company’s stock valued at $836,300,000 after purchasing an additional 2,085 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ASML shares. Wells Fargo & Company decreased their price target on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Sanford C. Bernstein reduced their target price on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a research note on Monday, October 21st. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Morgan Stanley downgraded shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Finally, UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $970.60.

ASML Trading Down 1.2 %

ASML stock opened at $650.73 on Monday. The company has a market capitalization of $256.01 billion, a PE ratio of 34.48, a P/E/G ratio of 1.90 and a beta of 1.51. ASML Holding has a 12 month low of $650.73 and a 12 month high of $1,110.09. The firm’s 50-day moving average is $756.70 and its 200 day moving average is $881.85. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84.

ASML (NASDAQ:ASML) last issued its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The company had revenue of $8.21 billion for the quarter, compared to analysts’ expectations of $7.66 billion. On average, research analysts anticipate that ASML Holding will post 20.77 EPS for the current year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were issued a $1.407 dividend. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date was Tuesday, October 29th. ASML’s dividend payout ratio is currently 29.21%.

ASML Company Profile

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.