Aureus Asset Management LLC Buys 17 Shares of ASML Holding (NASDAQ:ASML)

Aureus Asset Management LLC boosted its stake in ASML Holding (NASDAQ:ASML) by 5.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 323 shares of the semiconductor company’s stock after buying an additional 17 shares during the period. Aureus Asset Management LLC’s holdings in ASML were worth $269,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Fisher Asset Management LLC boosted its position in shares of ASML by 1.0% in the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock worth $2,654,921,000 after purchasing an additional 31,879 shares in the last quarter. Edgewood Management LLC increased its stake in ASML by 3.3% during the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock valued at $1,855,624,000 after purchasing an additional 70,776 shares in the last quarter. Van ECK Associates Corp increased its stake 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 valued at $1,464,061,000 after purchasing an additional 474,653 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in ASML by 4,379.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock worth $910,102,000 after buying an additional 870,010 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of ASML by 0.3% during the second 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 during the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Stock Performance

NASDAQ:ASML opened at $711.47 on Tuesday. 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 has a 50-day simple moving average of $732.20 and a two-hundred day simple moving average of $864.88. The firm has a market capitalization of $279.91 billion, a PE ratio of 37.25, a P/E/G ratio of 1.99 and a beta of 1.51. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. The company 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 forecast that ASML Holding will post 20.68 EPS 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 paid a $1.407 dividend. 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 0.79%. ASML’s dividend payout ratio (DPR) is presently 29.21%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ASML. UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Morgan Stanley cut ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Wells Fargo & Company cut their price objective on ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Finally, Sanford C. Bernstein lowered their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday. 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 stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $961.00.

About ASML

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.