Farther Finance Advisors LLC Increases Position in ASML Holding N.V. $ASML

Farther Finance Advisors LLC boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 26.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,683 shares of the semiconductor company’s stock after purchasing an additional 1,193 shares during the period. Farther Finance Advisors LLC’s holdings in ASML were worth $5,501,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Princeton Global Asset Management LLC boosted its stake in shares of ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 20 shares during the last quarter. Binnacle Investments Inc raised its holdings in ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares in the last quarter. Pin Oak Investment Advisors Inc. acquired a new stake in ASML in the second quarter valued at $30,000. Washington Trust Advisors Inc. boosted its stake in ASML by 129.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 22 shares during the last quarter. Finally, Maseco LLP acquired a new position in ASML during the 2nd quarter worth $32,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on ASML. Wells Fargo & Company increased their price target on shares of ASML from $1,105.00 to $1,140.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research note on Friday, October 10th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Thursday, October 16th. HSBC reiterated a “buy” rating on shares of ASML in a report on Friday, October 17th. Finally, UBS Group restated a “buy” rating on shares of ASML in a research note on Thursday, December 11th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,171.83.

ASML Trading Up 0.5%

NASDAQ:ASML opened at $1,061.84 on Wednesday. The firm has a market capitalization of $417.60 billion, a P/E ratio of 43.22, a P/E/G ratio of 1.64 and a beta of 1.87. The business has a 50 day simple moving average of $1,049.37 and a 200 day simple moving average of $892.97. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,141.72.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The company had revenue of $8.80 billion for the quarter, compared to analysts’ expectations of $8.99 billion. The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the business posted $5.28 earnings per share. Equities research analysts predict that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were paid a dividend of $1.857 per share. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio (DPR) is presently 25.80%.

ASML Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.