ASML Holding (NASDAQ:ASML) Shares Acquired by Stockman Wealth Management Inc.

Stockman Wealth Management Inc. grew its position in ASML Holding (NASDAQ:ASML) by 7.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 15,361 shares of the semiconductor company’s stock after acquiring an additional 1,032 shares during the quarter. ASML makes up approximately 2.0% of Stockman Wealth Management Inc.’s investment portfolio, making the stock its 15th biggest position. Stockman Wealth Management Inc.’s holdings in ASML were worth $12,800,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Crossmark Global Holdings Inc. raised its holdings in shares of ASML by 33.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 29,431 shares of the semiconductor company’s stock valued at $24,523,000 after buying an additional 7,395 shares during the period. Tyler Stone Wealth Management raised its holdings in shares of ASML by 113.0% during the 3rd quarter. Tyler Stone Wealth Management now owns 360 shares of the semiconductor company’s stock valued at $300,000 after buying an additional 191 shares during the period. Mayflower Financial Advisors LLC purchased a new stake in shares of ASML during the 3rd quarter valued at about $207,000. Legacy Capital Wealth Partners LLC raised its holdings in shares of ASML by 11.2% during the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 626 shares of the semiconductor company’s stock valued at $522,000 after buying an additional 63 shares during the period. Finally, Axxcess Wealth Management LLC increased its holdings in ASML by 1.0% during the 3rd quarter. Axxcess Wealth Management LLC now owns 8,111 shares of the semiconductor company’s stock worth $6,758,000 after purchasing an additional 80 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Susquehanna cut their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Sanford C. Bernstein cut their target price on ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a research report on Monday, October 21st. Finally, Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $970.60.

ASML Stock Performance

Shares of ASML stock traded down $7.74 on Friday, hitting $669.47. 1,726,789 shares of the stock traded hands, compared to its average volume of 2,990,437. The company has a market capitalization of $263.38 billion, a PE ratio of 35.05, a PEG ratio of 1.91 and a beta of 1.51. The company’s fifty day moving average is $771.58 and its 200 day moving average is $889.55. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a 1-year low of $633.85 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. The firm 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%. On average, equities research analysts predict that ASML Holding will post 20.77 earnings per share for the current fiscal year.

ASML Cuts Dividend

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

ASML 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.