ASML Holding (NASDAQ:ASML) Position Boosted by LPL Financial LLC

LPL Financial LLC raised its holdings in shares of ASML Holding (NASDAQ:ASML) by 11.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 144,298 shares of the semiconductor company’s stock after acquiring an additional 14,922 shares during the period. LPL Financial LLC’s holdings in ASML were worth $120,236,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in ASML. Hilltop National Bank raised its holdings in ASML by 1.0% during the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock worth $997,000 after purchasing an additional 10 shares in the last quarter. Valley National Advisers Inc. boosted its stake in ASML by 1.1% during the second quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock valued at $1,159,000 after buying an additional 12 shares in the last quarter. Pure Financial Advisors LLC grew its holdings in ASML by 2.8% during the second quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock worth $454,000 after acquiring an additional 12 shares during the period. First Pacific Financial raised its position in ASML by 1.1% in the second quarter. First Pacific Financial now owns 1,121 shares of the semiconductor company’s stock worth $1,146,000 after acquiring an additional 12 shares in the last quarter. Finally, RMR Wealth Builders lifted its holdings in ASML by 0.6% in the 2nd quarter. RMR Wealth Builders now owns 2,114 shares of the semiconductor company’s stock valued at $2,162,000 after acquiring an additional 12 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Up 0.1 %

Shares of ASML stock opened at $672.88 on Friday. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The stock has a 50-day moving average price of $744.92 and a 200 day moving average price of $874.05. The company has a market cap of $264.72 billion, a P/E ratio of 35.23, a P/E/G ratio of 1.92 and a beta of 1.51.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. The firm had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. As a group, analysts expect that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were issued a dividend of $1.407 per share. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.63 annualized dividend and a dividend yield of 0.84%. ASML’s dividend payout ratio is 29.21%.

Wall Street Analysts Forecast Growth

ASML has been the topic of several recent research reports. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Susquehanna dropped their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Wells Fargo & Company cut their target price on ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Finally, JPMorgan Chase & Co. decreased their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $970.60.

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.