ASML Holding (NASDAQ:ASML) Shares Purchased by Fisher Asset Management LLC

Fisher Asset Management LLC grew its holdings in shares of ASML Holding (NASDAQ:ASML) by 1.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,186,222 shares of the semiconductor company’s stock after acquiring an additional 31,879 shares during the period. ASML comprises about 1.1% of Fisher Asset Management LLC’s investment portfolio, making the stock its 26th biggest holding. Fisher Asset Management LLC owned approximately 0.81% of ASML worth $2,654,921,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of ASML. Resources Management Corp CT ADV purchased a new stake in ASML during the 2nd quarter worth approximately $26,000. Triad Wealth Partners LLC acquired a new stake in shares of ASML during the second quarter worth approximately $31,000. Fairway Wealth LLC bought a new stake in shares of ASML in the third quarter worth $25,000. First Community Trust NA acquired a new stake in ASML in the second quarter valued at $34,000. Finally, Milestone Investment Advisors LLC bought a new position in ASML during the 3rd quarter valued at $28,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

ASML stock opened at $672.88 on Monday. The stock’s fifty day moving average is $744.92 and its two-hundred day moving average is $873.54. The stock has a market capitalization of $264.73 billion, a price-to-earnings ratio of 35.23, a PEG ratio of 1.95 and a beta of 1.51. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. ASML Holding has a 1 year low of $645.45 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 earnings per share for the quarter, beating the consensus estimate of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The firm had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. On average, research analysts predict that ASML Holding will post 20.68 EPS for the current year.

ASML Cuts Dividend

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ASML. Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. JPMorgan Chase & Co. cut their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Susquehanna decreased their target price 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. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Finally, Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Three investment 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’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $970.60.

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.