ASML Holding (NASDAQ:ASML) Shares Bought by Hardy Reed LLC

Hardy Reed LLC lifted its position in shares of ASML Holding (NASDAQ:ASML) by 13.9% in the 3rd quarter, Holdings Channel reports. The fund owned 515 shares of the semiconductor company’s stock after buying an additional 63 shares during the period. Hardy Reed LLC’s holdings in ASML were worth $429,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Hilltop National Bank increased its stake in shares of ASML by 1.0% during the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock valued at $997,000 after acquiring an additional 10 shares during the period. Valley National Advisers Inc. grew its stake in shares of ASML by 1.1% in the 2nd quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock worth $1,159,000 after purchasing an additional 12 shares during the last quarter. Pure Financial Advisors LLC raised its holdings in shares of ASML by 2.8% in the 2nd quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock worth $454,000 after purchasing an additional 12 shares in the last quarter. First Pacific Financial lifted its stake in ASML by 1.1% during the second quarter. First Pacific Financial now owns 1,121 shares of the semiconductor company’s stock valued at $1,146,000 after purchasing an additional 12 shares during the last quarter. Finally, RMR Wealth Builders lifted its stake in ASML by 0.6% during the second quarter. RMR Wealth Builders now owns 2,114 shares of the semiconductor company’s stock valued at $2,162,000 after purchasing an additional 12 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ASML. Susquehanna cut their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Wells Fargo & Company decreased their price target on ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Sanford C. Bernstein cut their price objective on ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a report on Monday, October 21st. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Finally, JPMorgan Chase & Co. cut their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $970.60.

ASML Stock Down 1.8 %

ASML stock opened at $671.97 on Wednesday. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $264.37 billion, a P/E ratio of 35.18, a P/E/G ratio of 1.99 and a beta of 1.51. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The firm’s fifty day simple moving average is $739.87 and its 200-day simple moving average is $870.11.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The business had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. Sell-side analysts forecast that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were given a $1.407 dividend. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s dividend payout ratio is 29.21%.

ASML Company 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.