ASML Holding (NASDAQ:ASML) Shares Purchased by Pathstone Holdings LLC

Pathstone Holdings LLC raised its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 4.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,785 shares of the semiconductor company's stock after purchasing an additional 1,284 shares during the period. Pathstone Holdings LLC's holdings in ASML were worth $23,985,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ASML. Baron Wealth Management LLC increased its stake in shares of ASML by 7.8% during the third quarter. Baron Wealth Management LLC now owns 275 shares of the semiconductor company's stock valued at $229,000 after buying an additional 20 shares during the period. Semus Wealth Partners LLC purchased a new stake in ASML during the 3rd quarter valued at $453,000. Taurus Asset Management LLC bought a new position in ASML in the third quarter worth approximately $16,994,000. Aljian Capital Management LLC purchased a new position in ASML during the third quarter valued at approximately $282,000. Finally, Thrivent Financial for Lutherans grew its holdings in ASML by 34.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 3,108 shares of the semiconductor company's stock valued at $2,589,000 after buying an additional 802 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Performance

NASDAQ:ASML traded down $3.73 during trading hours on Wednesday, reaching $658.43. The company had a trading volume of 1,675,965 shares, compared to its average volume of 1,445,078. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The firm has a market cap of $259.04 billion, a PE ratio of 34.47, a price-to-earnings-growth ratio of 1.90 and a beta of 1.51. The business's 50 day moving average price is $753.23 and its 200-day moving average price is $878.72. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping analysts' consensus estimates of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The company had revenue of $8.21 billion during the quarter, compared to analysts' expectations of $7.66 billion. Research analysts forecast that ASML Holding will post 20.77 EPS for the current year.

ASML Cuts Dividend

The company also recently announced 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 was Tuesday, October 29th. This represents a $5.63 annualized dividend and a dividend yield of 0.85%. ASML's dividend payout ratio (DPR) is presently 29.21%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ASML shares. UBS Group lowered shares of ASML from a "buy" rating to a "neutral" rating in a report on Wednesday, September 4th. JPMorgan Chase & Co. reduced their price target on shares of ASML from $1,207.00 to $1,148.00 and set an "overweight" rating for the company in a report on Thursday, October 17th. 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. Berenberg Bank upgraded ASML to a "strong-buy" rating in a report on Wednesday, October 2nd. Finally, Barclays upgraded ASML from an "equal weight" rating to an "overweight" rating in a report on Tuesday, July 30th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $970.60.

ASML 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.