ASML Holding N.V. $ASML Shares Sold by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. decreased its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 25.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,797 shares of the semiconductor company’s stock after selling 944 shares during the quarter. Cabot Wealth Management Inc.’s holdings in ASML were worth $5,067,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Ritholtz Wealth Management lifted its position in shares of ASML by 2.9% in the third quarter. Ritholtz Wealth Management now owns 8,602 shares of the semiconductor company’s stock worth $15,583,000 after buying an additional 244 shares during the last quarter. NBH Bank boosted its stake in shares of ASML by 61.5% during the 3rd quarter. NBH Bank now owns 21 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 8 shares in the last quarter. First Command Advisory Services Inc. boosted its stake in shares of ASML by 109.3% during the 3rd quarter. First Command Advisory Services Inc. now owns 881 shares of the semiconductor company’s stock worth $1,596,000 after acquiring an additional 460 shares in the last quarter. DSG Capital Advisors LLC boosted its stake in shares of ASML by 61.2% during the 3rd quarter. DSG Capital Advisors LLC now owns 1,712 shares of the semiconductor company’s stock worth $3,102,000 after acquiring an additional 650 shares in the last quarter. Finally, AMG National Trust Bank increased its holdings in shares of ASML by 23.3% during the 3rd quarter. AMG National Trust Bank now owns 450 shares of the semiconductor company’s stock valued at $816,000 after acquiring an additional 85 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Trading Up 1.8%

Shares of NASDAQ:ASML opened at $1,534.42 on Thursday. The company has a market cap of $591.39 billion, a P/E ratio of 37.77, a P/E/G ratio of 0.63 and a beta of 1.80. The stock’s 50-day moving average is $1,667.22 and its 200-day moving average is $1,601.91. ASML Holding N.V. has a 52-week low of $946.11 and a 52-week high of $1,999.96. 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 posted its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. The business had revenue of $13.27 billion for the quarter. Equities research analysts predict that ASML Holding N.V. will post 46.54 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Tuesday, October 27th were issued a $2.1077 dividend. This is a decrease from ASML’s previous quarterly dividend of $2.1507. The ex-dividend date of this dividend was Tuesday, October 27th. This represents a $8.43 dividend on an annualized basis and a yield of 0.5%. ASML’s payout ratio is 17.53%.

Analyst Ratings Changes

ASML has been the subject of several analyst reports. Royal Bank Of Canada restated an “outperform” rating and issued a $2,100.00 target price on shares of ASML in a report on Wednesday, October 7th. Barclays reiterated an “overweight” rating on shares of ASML in a report on Thursday, July 16th. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Wednesday, September 30th. Citigroup restated a “buy” rating on shares of ASML in a research note on Thursday, October 15th. Finally, Wall Street Zen upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Saturday, October 17th. Two equities 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,204.71.

ASML Company 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.