ASML Holding N.V. $ASML Holdings Boosted by MGO One Seven LLC

MGO One Seven LLC increased its stake in ASML Holding N.V. (NASDAQ:ASML) by 28.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,906 shares of the semiconductor company’s stock after buying an additional 649 shares during the period. MGO One Seven LLC’s holdings in ASML were worth $5,266,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Curtis Advisory Group LLC lifted its holdings in ASML by 2.8% during the 3rd quarter. Curtis Advisory Group LLC now owns 740 shares of the semiconductor company’s stock worth $1,341,000 after buying an additional 20 shares during the last quarter. Aprio Wealth Management LLC increased its holdings in shares of ASML by 4.9% in the 3rd quarter. Aprio Wealth Management LLC now owns 2,071 shares of the semiconductor company’s stock valued at $3,752,000 after acquiring an additional 97 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of ASML by 641.2% in the 3rd quarter. International Assets Investment Management LLC now owns 9,606 shares of the semiconductor company’s stock valued at $17,403,000 after acquiring an additional 8,310 shares during the last quarter. Glenview Trust Co raised its position in shares of ASML by 4.9% during the 3rd quarter. Glenview Trust Co now owns 5,680 shares of the semiconductor company’s stock valued at $10,290,000 after acquiring an additional 263 shares in the last quarter. Finally, Steadview Capital Management LLC raised its position in shares of ASML by 15.5% during the 3rd quarter. Steadview Capital Management LLC now owns 12,517 shares of the semiconductor company’s stock valued at $22,677,000 after acquiring an additional 1,680 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Performance

ASML stock opened at $1,526.14 on Tuesday. The company has a 50-day simple moving average of $1,699.96 and a 200 day simple moving average of $1,597.10. The company has a market capitalization of $588.20 billion, a P/E ratio of 37.57, a PEG ratio of 0.69 and a beta of 1.77. The company has a quick ratio of 1.01, a current ratio of 1.49 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a fifty-two week low of $946.11 and a fifty-two week high of $1,999.96.

ASML (NASDAQ:ASML) last released its earnings results on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. The firm had revenue of $13.27 billion for the quarter. Sell-side analysts predict that ASML Holding N.V. will post 46.54 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Tuesday, October 27th will be paid a dividend of $2.1077 per share. This is a drop from ASML’s previous quarterly dividend of $2.1507. This represents a $8.43 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, October 27th. ASML’s dividend payout ratio (DPR) is 17.53%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on ASML shares. Wells Fargo & Company raised their price objective on ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research note on Tuesday, July 7th. DZ Bank raised shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. JPMorgan Chase & Co. reduced their price target on shares of ASML from $2,400.00 to $2,350.00 and set an “overweight” rating on the stock in a research report on Thursday, October 15th. Finally, Wall Street Zen raised shares of ASML from a “hold” rating to a “buy” rating in a report on Saturday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $2,079.12.

ASML Company Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment helps customers transfer intricate circuit patterns onto silicon wafers, a critical step in the production of processors, memory chips and other semiconductor devices.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, which support the production of the most advanced chips, as well as deep ultraviolet (DUV) lithography systems for a broad range of semiconductor applications.