BlackRock Inc. Reduces Stock Holdings in ASML Holding (NASDAQ:ASML)

BlackRock Inc. lowered its stake in shares of ASML Holding (NASDAQ:ASML) by 4.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,801,624 shares of the semiconductor company’s stock after selling 77,880 shares during the period. BlackRock Inc. owned 0.44% of ASML worth $1,342,409,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of ASML. Price T Rowe Associates Inc. MD boosted its stake in shares of ASML by 14.0% during the second quarter. Price T Rowe Associates Inc. MD now owns 12,022,686 shares of the semiconductor company’s stock valued at $8,289,094,000 after acquiring an additional 1,480,431 shares during the last quarter. Macquarie Group Ltd. boosted its stake in shares of ASML by 1,903.2% during the second quarter. Macquarie Group Ltd. now owns 831,048 shares of the semiconductor company’s stock valued at $574,121,000 after acquiring an additional 789,563 shares during the last quarter. Liberty Wealth Management LLC boosted its stake in shares of ASML by 88,471.3% during the second quarter. Liberty Wealth Management LLC now owns 114,257 shares of the semiconductor company’s stock valued at $165,000 after acquiring an additional 114,128 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of ASML by 3,121.6% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 95,745 shares of the semiconductor company’s stock valued at $66,144,000 after acquiring an additional 92,773 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of ASML by 7.5% during the second quarter. Franklin Resources Inc. now owns 1,062,038 shares of the semiconductor company’s stock valued at $733,699,000 after acquiring an additional 74,167 shares during the last quarter. 18.33% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ:ASML opened at $744.53 on Friday. The company has a market cap of $305.09 billion, a P/E ratio of 47.21, a PEG ratio of 1.07 and a beta of 1.09. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.17 and a current ratio of 1.71. ASML Holding has a one year low of $501.11 and a one year high of $895.93. The business’s 50-day simple moving average is $794.08 and its 200 day simple moving average is $786.15.

ASML (NASDAQ:ASML) last announced its earnings results on Tuesday, October 19th. The semiconductor company reported $5.02 EPS for the quarter, beating the consensus estimate of $4.67 by $0.35. The business had revenue of $5.24 billion for the quarter, compared to the consensus estimate of $5.30 billion. ASML had a return on equity of 43.16% and a net margin of 30.52%. The company’s revenue was up 32.4% on a year-over-year basis. During the same period last year, the business posted $2.96 EPS. Analysts predict that ASML Holding will post 15.78 earnings per share for the current year.

The business also recently announced a semi-annual dividend, which was paid on Friday, November 12th. Investors of record on Wednesday, November 3rd were issued a dividend of $2.0938 per share. This is an increase from ASML’s previous semi-annual dividend of $1.89. This represents a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, November 2nd. ASML’s dividend payout ratio (DPR) is presently 22.45%.

A number of analysts recently commented on ASML shares. AlphaValue lowered ASML to a “reduce” rating in a research note on Thursday, October 21st. Bank of America reissued a “buy” rating on shares of ASML in a research note on Thursday, October 14th. Credit Suisse Group started coverage on ASML in a research note on Thursday. They issued an “outperform” rating on the stock. New Street Research lowered ASML from a “buy” rating to a “neutral” rating and set a $660.00 price target on the stock. in a research note on Tuesday, September 28th. Finally, Piper Sandler started coverage on ASML in a research note on Thursday, October 14th. They issued an “overweight” rating on the stock. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $815.71.

About ASML

ASML Holding NV engages in the development, production, marketing, sale and servicing of advanced semiconductor equipment, consisting of lithography related systems. It mainly caters the makers of memory chips and logic chips. The company was founded on April 1, 1984 and is headquartered in Veldhoven, the Netherlands.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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