ASML Holding (NASDAQ:ASML) Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 34.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,108 shares of the semiconductor company's stock after acquiring an additional 802 shares during the quarter. Thrivent Financial for Lutherans' holdings in ASML were worth $2,589,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of ASML. Bayesian Capital Management LP purchased a new stake in shares of ASML during the 1st quarter worth approximately $270,000. Tidal Investments LLC boosted its stake in shares of ASML by 1.4% during the 1st quarter. Tidal Investments LLC now owns 3,368 shares of the semiconductor company's stock worth $3,269,000 after acquiring an additional 45 shares in the last quarter. Strategic Wealth Partners Ltd. purchased a new stake in shares of ASML during the 1st quarter worth approximately $206,000. LRI Investments LLC purchased a new stake in shares of ASML during the 1st quarter worth approximately $37,000. Finally, Sanibel Captiva Trust Company Inc. lifted its stake in ASML by 9.9% in the 1st quarter. Sanibel Captiva Trust Company Inc. now owns 777 shares of the semiconductor company's stock valued at $754,000 after buying an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

Analyst Ratings Changes

ASML has been the topic of a number of recent research reports. JPMorgan Chase & Co. reduced their target price on ASML from $1,207.00 to $1,148.00 and set an "overweight" rating on the stock in a research note on Thursday, October 17th. Morgan Stanley lowered ASML from an "overweight" rating to an "equal weight" rating in a research note on Friday, September 20th. Wells Fargo & Company reduced their target price on ASML from $1,000.00 to $790.00 and set an "overweight" rating on the stock in a research note on Thursday, October 17th. Susquehanna reduced their target price on ASML from $1,300.00 to $1,100.00 and set a "positive" rating on the stock in a research note on Friday, October 11th. Finally, Barclays raised ASML from an "equal weight" rating to an "overweight" rating in a research note on Tuesday, July 30th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $970.60.

ASML Trading Down 1.8 %

Shares of ASML stock opened at $671.97 on Wednesday. The firm has a market cap of $264.37 billion, a PE ratio of 35.18, a P/E/G ratio of 1.95 and a beta of 1.51. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The business's fifty day moving average is $739.87 and its two-hundred day moving average is $870.11. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping 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%. Analysts anticipate that ASML Holding will post 20.68 earnings per share for the current year.

ASML Cuts Dividend

The company also recently disclosed 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. 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 0.84%. ASML's payout ratio is 29.21%.

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.