ASML Holding (NASDAQ:ASML) Shares Bought by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 25.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,906 shares of the semiconductor company's stock after acquiring an additional 2,652 shares during the period. Sumitomo Mitsui Trust Group Inc.'s holdings in ASML were worth $10,754,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Van ECK Associates Corp grew its holdings in ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company's stock worth $1,464,061,000 after acquiring an additional 474,653 shares in the last quarter. GQG Partners LLC grew its holdings in ASML by 21.6% during the 1st quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company's stock worth $1,608,921,000 after acquiring an additional 294,784 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in shares of ASML by 18.9% in the 1st quarter. Janus Henderson Group PLC now owns 1,220,210 shares of the semiconductor company's stock valued at $1,184,173,000 after buying an additional 194,357 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of ASML by 4,379.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company's stock valued at $910,102,000 after buying an additional 870,010 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of ASML by 0.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 817,709 shares of the semiconductor company's stock valued at $836,300,000 after buying an additional 2,085 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Performance

ASML traded up $6.60 during trading on Monday, reaching $665.23. 2,010,869 shares of the company's stock were exchanged, compared to its average volume of 1,442,182. ASML Holding has a 1 year low of $648.00 and a 1 year high of $1,110.09. 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 stock has a market capitalization of $261.71 billion, a P/E ratio of 34.83, a price-to-earnings-growth ratio of 1.90 and a beta of 1.51. The company's fifty day simple moving average is $755.01 and its 200-day simple moving average is $880.41.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $7.66 billion. As a group, research analysts predict that ASML Holding will post 20.77 earnings per share for the current fiscal 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 issued a dividend of $1.407 per share. This represents a $5.63 annualized dividend and a dividend yield of 0.85%. The ex-dividend date was Tuesday, October 29th. ASML's dividend payout ratio (DPR) is 29.21%.

Analyst Ratings Changes

A number of analysts have recently weighed in on ASML shares. Wells Fargo & Company lowered their price target 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. JPMorgan Chase & Co. lowered their price target on shares of ASML from $1,207.00 to $1,148.00 and set an "overweight" rating on the stock in a report on Thursday, October 17th. Susquehanna lowered their price target on shares of 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 upgraded shares of ASML from an "equal weight" rating to an "overweight" rating in a report on Tuesday, July 30th. Finally, Morgan Stanley lowered shares of ASML from an "overweight" rating to an "equal weight" rating in a research report on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average 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.