Benjamin Edwards Inc. Buys 909 Shares of ASML Holding N.V. $ASML

Benjamin Edwards Inc. lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 12.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,456 shares of the semiconductor company’s stock after acquiring an additional 909 shares during the period. Benjamin Edwards Inc.’s holdings in ASML were worth $8,188,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Fisher Asset Management LLC raised its stake in shares of ASML by 6.3% in the 2nd quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock valued at $3,401,304,000 after purchasing an additional 250,934 shares during the period. Acadian Asset Management LLC grew its holdings in shares of ASML by 114.3% during the second quarter. Acadian Asset Management LLC now owns 329,878 shares of the semiconductor company’s stock worth $264,333,000 after buying an additional 175,939 shares in the last quarter. Rafferty Asset Management LLC raised its position in ASML by 32.4% in the 2nd quarter. Rafferty Asset Management LLC now owns 413,280 shares of the semiconductor company’s stock valued at $331,198,000 after buying an additional 101,041 shares during the last quarter. Marshall Wace LLP lifted its stake in ASML by 1,638.6% in the 2nd quarter. Marshall Wace LLP now owns 75,928 shares of the semiconductor company’s stock valued at $60,848,000 after acquiring an additional 80,863 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in ASML by 14.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 583,093 shares of the semiconductor company’s stock worth $467,285,000 after acquiring an additional 72,164 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on ASML shares. Morgan Stanley raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 22nd. New Street Research reiterated a “neutral” rating on shares of ASML in a research note on Monday, October 6th. Morningstar downgraded shares of ASML to a “hold” rating in a research note on Thursday, September 18th. Arete Research raised ASML to a “strong-buy” rating in a research report on Friday, September 12th. Finally, Rothschild Redb upgraded ASML from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,270.67.

View Our Latest Report on ASML

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

ASML Stock Down 2.8%

Shares of ASML stock opened at $1,194.32 on Friday. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,246.38. The stock has a market cap of $469.70 billion, a price-to-earnings ratio of 48.61, a PEG ratio of 1.82 and a beta of 1.86. The firm’s 50-day moving average is $1,070.79 and its 200-day moving average is $921.09. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31.

ASML (NASDAQ:ASMLGet Free Report) last announced its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. The firm had revenue of $8.80 billion for 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 business’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.28 earnings per share. Sell-side analysts predict that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were paid a $1.857 dividend. This is a boost from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a yield of 0.6%. ASML’s dividend payout ratio (DPR) is currently 25.80%.

About ASML

(Free Report)

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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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