Crossmark Global Holdings Inc. Purchases 7,395 Shares of ASML Holding (NASDAQ:ASML)

Crossmark Global Holdings Inc. lifted its position in shares of ASML Holding (NASDAQ:ASML) by 33.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 29,431 shares of the semiconductor company’s stock after buying an additional 7,395 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in ASML were worth $24,523,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in ASML. Resources Management Corp CT ADV acquired a new position in shares of ASML during the second quarter worth $26,000. Triad Wealth Partners LLC bought a new stake in shares of ASML in the 2nd quarter valued at about $31,000. Fairway Wealth LLC bought a new position in shares of ASML during the third quarter worth about $25,000. First Community Trust NA acquired a new position in shares of ASML in the second quarter worth approximately $34,000. Finally, Milestone Investment Advisors LLC bought a new stake in ASML in the third quarter valued at approximately $28,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the subject of several analyst reports. Susquehanna lowered their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. 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 research report on Thursday, October 17th. Berenberg Bank raised ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Finally, Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $970.60.

ASML Stock Down 1.1 %

Shares of NASDAQ ASML traded down $7.74 during midday trading on Friday, hitting $669.47. 1,726,789 shares of the stock traded hands, compared to its average volume of 2,990,437. ASML Holding has a one year low of $633.85 and a one year high of $1,110.09. The business has a 50 day moving average price of $771.58 and a two-hundred day moving average price of $889.64. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The company has a market cap of $263.38 billion, a PE ratio of 35.05, a P/E/G ratio of 1.91 and a beta of 1.51.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. The firm had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, equities analysts predict that ASML Holding will post 20.77 EPS for the current year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were paid a $1.407 dividend. This represents a $5.63 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is presently 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.