FSM Wealth Advisors LLC Acquires 124 Shares of ASML Holding (NASDAQ:ASML)

FSM Wealth Advisors LLC lifted its stake in ASML Holding (NASDAQ:ASML) by 31.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 524 shares of the semiconductor company’s stock after purchasing an additional 124 shares during the period. FSM Wealth Advisors LLC’s holdings in ASML were worth $437,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of ASML. Resources Management Corp CT ADV purchased a new position in shares of ASML during the 2nd quarter valued at about $26,000. Triad Wealth Partners LLC bought a new position in shares of ASML in the second quarter worth approximately $31,000. First Community Trust NA purchased a new stake in shares of ASML in the second quarter worth $34,000. POM Investment Strategies LLC bought a new stake in shares of ASML during the 2nd quarter valued at $36,000. Finally, LRI Investments LLC purchased a new position in shares of ASML during the 1st quarter valued at $37,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Performance

NASDAQ ASML opened at $671.16 on Tuesday. The company has a market cap of $264.05 billion, a P/E ratio of 35.14, a P/E/G ratio of 1.94 and a beta of 1.51. The business’s 50 day moving average price is $789.28 and its 200-day moving average price is $895.46. ASML Holding has a fifty-two week low of $631.17 and a fifty-two week high of $1,110.09. 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 Cuts Dividend

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

Analyst Ratings Changes

ASML has been the topic of a number of recent analyst reports. Susquehanna decreased their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Wells Fargo & Company decreased their target price on ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. cut 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 note on Thursday, October 17th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $970.60.

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.