Financial Consulate Inc. Buys Shares of 496 ASML Holding N.V. $ASML

Financial Consulate Inc. bought a new stake in ASML Holding N.V. (NASDAQ:ASML) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 496 shares of the semiconductor company’s stock, valued at approximately $480,000.

Other institutional investors and hedge funds have also modified their holdings of the company. HBK Sorce Advisory LLC lifted its stake in ASML by 1.0% in the 3rd quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock worth $1,067,000 after acquiring an additional 10 shares in the last quarter. Albion Financial Group UT grew its stake in ASML by 27.8% during the 3rd quarter. Albion Financial Group UT now owns 46 shares of the semiconductor company’s stock valued at $45,000 after acquiring an additional 10 shares in the last quarter. Wealth Quarterback LLC increased its holdings in shares of ASML by 0.8% in the 3rd quarter. Wealth Quarterback LLC now owns 1,527 shares of the semiconductor company’s stock valued at $1,478,000 after purchasing an additional 12 shares during the period. UMB Bank n.a. lifted its position in shares of ASML by 4.3% in the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock worth $254,000 after purchasing an additional 13 shares in the last quarter. Finally, Baring Financial LLC boosted its holdings in shares of ASML by 2.8% during the second quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock worth $409,000 after purchasing an additional 14 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Trading Down 0.2%

Shares of NASDAQ:ASML opened at $1,069.86 on Friday. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,141.72. The firm has a fifty day moving average price of $1,055.49 and a 200 day moving average price of $905.52. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $420.75 billion, a PE ratio of 43.54, a P/E/G ratio of 1.66 and a beta of 1.86.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.27 by $0.14. The company had revenue of $8.80 billion during the quarter, compared to the consensus estimate of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm’s revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.28 EPS. Analysts expect that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on ASML shares. Susquehanna upped their price objective on shares of ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a research note on Friday, October 10th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research note on Monday, October 13th. Rothschild Redb upgraded ASML from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. Finally, Erste Group Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Monday, September 22nd. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,171.83.

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.