844 ASML Holding N.V. $ASML Shares Bought by Fifth Third Bancorp

Fifth Third Bancorp grew its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 8.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,257 shares of the semiconductor company’s stock after purchasing an additional 844 shares during the period. Fifth Third Bancorp’s holdings in ASML were worth $20,394,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in ASML. King Luther Capital Management Corp boosted its holdings in shares of ASML by 131.2% in the third quarter. King Luther Capital Management Corp now owns 5,830 shares of the semiconductor company’s stock worth $10,562,000 after buying an additional 3,308 shares during the period. Bingham Private Wealth LLC increased its position in shares of ASML by 1.8% in the third quarter. Bingham Private Wealth LLC now owns 921 shares of the semiconductor company’s stock worth $1,669,000 after acquiring an additional 16 shares in the last quarter. Ritholtz Wealth Management raised its holdings in shares of ASML by 2.9% during the third quarter. Ritholtz Wealth Management now owns 8,602 shares of the semiconductor company’s stock valued at $15,583,000 after acquiring an additional 244 shares during the period. NBH Bank raised its holdings in shares of ASML by 61.5% during the third quarter. NBH Bank now owns 21 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 8 shares during the period. Finally, First Command Advisory Services Inc. raised its holdings in shares of ASML by 109.3% during the third quarter. First Command Advisory Services Inc. now owns 881 shares of the semiconductor company’s stock valued at $1,596,000 after acquiring an additional 460 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Down 0.1%

Shares of NASDAQ ASML opened at $1,495.16 on Friday. The business has a 50 day simple moving average of $1,660.49 and a 200 day simple moving average of $1,602.53. ASML Holding N.V. has a 52 week low of $946.11 and a 52 week high of $1,999.96. The stock has a market cap of $576.26 billion, a price-to-earnings ratio of 36.81, a PEG ratio of 0.62 and a beta of 1.80. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.01 and a current ratio of 1.49.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share for the quarter. The firm had revenue of $13.27 billion for the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. On average, research analysts predict that ASML Holding N.V. will post 46.51 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th were issued a dividend of $2.1077 per share. The ex-dividend date was Tuesday, October 27th. This represents a $8.43 dividend on an annualized basis and a dividend yield of 0.6%. This is a decrease from ASML’s previous quarterly dividend of $2.1507. ASML’s payout ratio is 17.55%.

Analyst Ratings Changes

Several equities research analysts recently commented on ASML shares. Royal Bank Of Canada restated an “outperform” rating and issued a $2,100.00 price target on shares of ASML in a research report on Wednesday, October 7th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Wednesday, September 30th. JPMorgan Chase & Co. cut their target price on shares of ASML from $2,400.00 to $2,350.00 and set an “overweight” rating on the stock in a research note on Thursday, October 15th. Weiss Ratings lowered ASML from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 30th. Finally, UBS Group reaffirmed a “buy” rating on shares of ASML in a research report on Monday, September 28th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $2,204.71.

ASML Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures equipment used to produce semiconductor chips. Its systems are used by chipmakers to create the intricate patterns that form circuits on silicon wafers. The company’s products include extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography systems, along with metrology and inspection equipment, computational lithography software, and related services. ASML also supports customers with system maintenance, upgrades, and technical assistance.