Toronto Dominion Bank Has $1.35 Million Holdings in ASML Holding (NASDAQ:ASML)

Toronto Dominion Bank boosted its position in ASML Holding (NASDAQ:ASML) by 42.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,615 shares of the semiconductor company’s stock after buying an additional 478 shares during the period. Toronto Dominion Bank’s holdings in ASML were worth $1,346,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of ASML. Mercer Global Advisors Inc. ADV boosted its stake in ASML by 4,379.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock worth $910,102,000 after acquiring an additional 870,010 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of ASML by 94,079.7% during the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after purchasing an additional 491,096 shares during the period. Van ECK Associates Corp grew its stake in shares of ASML by 37.0% in the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after buying an additional 474,653 shares during the period. Tairen Capital Ltd increased its position in ASML by 321.2% in the 2nd quarter. Tairen Capital Ltd now owns 202,946 shares of the semiconductor company’s stock valued at $207,559,000 after buying an additional 154,760 shares in the last quarter. Finally, Mediolanum International Funds Ltd acquired a new position in ASML during the 3rd quarter worth approximately $125,952,000. Institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Sanford C. Bernstein decreased their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Wells Fargo & Company decreased their price target on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. 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. decreased their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Finally, BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. Three investment analysts have rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $943.83.

ASML Stock Performance

NASDAQ:ASML opened at $722.38 on Tuesday. 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 fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The business has a 50 day moving average price of $707.20 and a 200-day moving average price of $846.97. The firm has a market cap of $284.20 billion, a PE ratio of 37.82, a price-to-earnings-growth ratio of 2.07 and a beta of 1.49.

ASML (NASDAQ:ASML) last announced its quarterly earnings results 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 company had revenue of $8.21 billion for 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%. Equities research analysts predict that ASML Holding will post 20.68 earnings per share for the current year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were given a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date was Tuesday, October 29th. 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.