ASML Holding (NASDAQ:ASML) is Saturna Capital Corp’s 5th Largest Position

Saturna Capital Corp raised its position in ASML Holding (NASDAQ:ASML) by 0.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 319,554 shares of the semiconductor company’s stock after purchasing an additional 395 shares during the quarter. ASML accounts for approximately 3.5% of Saturna Capital Corp’s portfolio, making the stock its 5th largest holding. Saturna Capital Corp’s holdings in ASML were worth $266,268,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Quantbot Technologies LP boosted its position in ASML by 18.2% during the 1st quarter. Quantbot Technologies LP now owns 468 shares of the semiconductor company’s stock worth $454,000 after purchasing an additional 72 shares during the period. Russell Investments Group Ltd. boosted its position in shares of ASML by 70.2% in the first quarter. Russell Investments Group Ltd. now owns 29,021 shares of the semiconductor company’s stock worth $28,164,000 after buying an additional 11,974 shares during the period. Avantax Advisory Services Inc. grew its stake in shares of ASML by 7.9% in the first quarter. Avantax Advisory Services Inc. now owns 5,093 shares of the semiconductor company’s stock valued at $4,943,000 after buying an additional 371 shares in the last quarter. William Blair Investment Management LLC raised its holdings in shares of ASML by 2.3% during the 1st quarter. William Blair Investment Management LLC now owns 7,886 shares of the semiconductor company’s stock valued at $7,653,000 after buying an additional 176 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in ASML by 350.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 20,270 shares of the semiconductor company’s stock worth $19,671,000 after acquiring an additional 15,770 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Down 0.8 %

NASDAQ:ASML opened at $664.12 on Wednesday. The stock has a 50-day simple moving average of $763.40 and a 200 day simple moving average of $886.15. ASML Holding has a one year low of $654.77 and a one year high of $1,110.09. The company has a market capitalization of $261.28 billion, a price-to-earnings ratio of 35.04, a price-to-earnings-growth ratio of 1.94 and a beta of 1.51. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. The business had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. Sell-side analysts predict that ASML Holding will post 20.77 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were given a $1.407 dividend. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.85%. ASML’s payout ratio is currently 29.21%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Sanford C. Bernstein dropped their price objective 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. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Finally, JPMorgan Chase & Co. reduced their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average target price 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.