ASML Holding (NASDAQ:ASML) Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. increased its position in shares of ASML Holding (NASDAQ:ASML) by 4.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 415 shares of the semiconductor company’s stock after buying an additional 17 shares during the period. Harbour Investments Inc.’s holdings in ASML were worth $346,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fairway Wealth LLC purchased a new position in ASML in the third quarter valued at about $25,000. Resources Management Corp CT ADV acquired a new position in shares of ASML in the 2nd quarter valued at approximately $26,000. Milestone Investment Advisors LLC purchased a new position in shares of ASML during the 3rd quarter valued at approximately $28,000. Triad Wealth Partners LLC acquired a new stake in shares of ASML during the second quarter worth approximately $31,000. Finally, First Community Trust NA bought a new stake in shares of ASML in the second quarter worth $34,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ASML has been the subject of several recent analyst reports. Sanford C. Bernstein decreased their price objective on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a report on Monday, October 21st. Berenberg Bank raised ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. JPMorgan Chase & Co. lowered 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. Finally, Wells Fargo & Company reduced their price objective 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. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $970.60.

ASML Stock Performance

ASML stock opened at $658.63 on Friday. ASML Holding has a 1 year low of $654.77 and a 1 year high of $1,110.09. The stock has a market capitalization of $259.12 billion, a price-to-earnings ratio of 34.48, a PEG ratio of 1.95 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. The stock’s fifty day moving average is $756.70 and its two-hundred day moving average is $881.59.

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

ASML Cuts Dividend

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