62 Shares in ASML Holding (NASDAQ:ASML) Acquired by J. Stern & Co. LLP

J. Stern & Co. LLP purchased a new stake in ASML Holding (NASDAQ:ASML) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 62 shares of the semiconductor company’s stock, valued at approximately $52,000.

Several other large investors have also recently modified their holdings of the business. Fairway Wealth LLC bought a new position in ASML during the 3rd quarter worth $25,000. Resources Management Corp CT ADV acquired a new stake in shares of ASML in the second quarter valued at about $26,000. Milestone Investment Advisors LLC bought a new position in shares of ASML during the third quarter worth about $28,000. Triad Wealth Partners LLC acquired a new position in shares of ASML in the second quarter worth approximately $31,000. Finally, First Community Trust NA bought a new stake in ASML in the second quarter valued at approximately $34,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Down 1.2 %

ASML stock traded down $7.91 during mid-day trading on Tuesday, reaching $676.56. The stock had a trading volume of 140,533 shares, compared to its average volume of 1,445,090. The firm has a market capitalization of $266.17 billion, a PE ratio of 35.84, a price-to-earnings-growth ratio of 1.95 and a beta of 1.51. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The stock’s 50-day simple moving average is $742.55 and its 200-day simple moving average is $871.93. 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 (NASDAQ:ASML) last posted its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) 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 business had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. On average, sell-side analysts forecast that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were given a $1.407 dividend. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.83%. ASML’s payout ratio is 29.21%.

Analysts Set New Price Targets

Several research analysts have issued reports on ASML shares. Wells Fargo & Company lowered their price target on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. JPMorgan Chase & Co. decreased their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Finally, UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $970.60.

About ASML

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.