ASML Holding (NASDAQ:ASML) Stock Position Raised by Weatherly Asset Management L. P.

Weatherly Asset Management L. P. grew its position in shares of ASML Holding (NASDAQ:ASML) by 8.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,496 shares of the semiconductor company’s stock after buying an additional 920 shares during the quarter. ASML makes up about 0.8% of Weatherly Asset Management L. P.’s investment portfolio, making the stock its 25th largest holding. Weatherly Asset Management L. P.’s holdings in ASML were worth $9,579,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Hilltop National Bank raised its stake in shares of ASML by 1.0% in the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock valued at $997,000 after purchasing an additional 10 shares in the last quarter. Valley National Advisers Inc. raised its stake in shares of ASML by 1.1% in the 2nd 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 lifted its holdings in shares of ASML by 2.8% during the 2nd 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 boosted its position in shares of ASML by 1.1% during the 2nd quarter. First Pacific Financial now owns 1,121 shares of the semiconductor company’s stock valued at $1,146,000 after acquiring an additional 12 shares in the last quarter. Finally, RMR Wealth Builders increased its stake in ASML by 0.6% in the second 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 period. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the topic of several analyst reports. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Susquehanna cut their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Wells Fargo & Company lowered their target price on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Finally, Sanford C. Bernstein cut their price target on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a report on Monday, October 21st. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $970.60.

ASML Trading Up 0.3 %

ASML opened at $674.73 on Friday. ASML Holding has a 1-year low of $627.09 and a 1-year high of $1,110.09. The stock has a market capitalization of $265.45 billion, a PE ratio of 35.33, a PEG ratio of 1.98 and a beta of 1.48. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The firm has a 50-day moving average price of $793.52 and a two-hundred day moving average price of $897.62.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 7th. Investors of record on Tuesday, October 29th will be given a $1.407 dividend. This represents a $5.63 annualized dividend and a yield of 0.83%. The ex-dividend date is Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is presently 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.