ASML Holding N.V. $ASML Stake Raised by GKV Capital Management Co. Inc.

GKV Capital Management Co. Inc. raised its holdings in ASML Holding N.V. (NASDAQ:ASML) by 22.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,037 shares of the semiconductor company’s stock after acquiring an additional 379 shares during the quarter. ASML accounts for about 1.1% of GKV Capital Management Co. Inc.’s portfolio, making the stock its 26th biggest holding. GKV Capital Management Co. Inc.’s holdings in ASML were worth $3,690,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Fisher Asset Management LLC boosted its position in shares of ASML by 2.1% during the 3rd quarter. Fisher Asset Management LLC now owns 4,839,202 shares of the semiconductor company’s stock valued at $8,767,040,000 after purchasing an additional 101,588 shares in the last quarter. Private Advisory Group LLC grew its stake in shares of ASML by 12.1% in the 3rd quarter. Private Advisory Group LLC now owns 12,990 shares of the semiconductor company’s stock worth $23,533,000 after purchasing an additional 1,398 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of ASML by 8.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 67,132 shares of the semiconductor company’s stock worth $121,897,000 after purchasing an additional 5,446 shares during the last quarter. Werba Rubin Papier Wealth Management raised its holdings in shares of ASML by 4.1% in the 3rd quarter. Werba Rubin Papier Wealth Management now owns 537 shares of the semiconductor company’s stock worth $973,000 after purchasing an additional 21 shares in the last quarter. Finally, Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. raised its holdings in shares of ASML by 12.4% in the 3rd quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 309 shares of the semiconductor company’s stock worth $560,000 after purchasing an additional 34 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ASML has been the subject of several recent research reports. Wall Street Zen raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Saturday, October 17th. Royal Bank Of Canada restated an “outperform” rating and set a $2,100.00 target price on shares of ASML in a report on Wednesday, October 7th. UBS Group restated a “buy” rating on shares of ASML in a research report on Monday, September 28th. Barclays reaffirmed an “overweight” rating on shares of ASML in a report on Thursday, July 16th. Finally, Weiss Ratings downgraded ASML from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $2,204.71.

ASML Stock Down 2.4%

ASML stock opened at $1,497.12 on Friday. ASML Holding N.V. has a 52-week low of $946.11 and a 52-week high of $1,999.96. The company’s 50 day simple moving average is $1,663.51 and its 200-day simple moving average is $1,602.33. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.49 and a quick ratio of 1.01. The firm has a market capitalization of $577.02 billion, a P/E ratio of 36.86, a P/E/G ratio of 0.64 and a beta of 1.80.

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 net margin of 34.10% and a return on equity of 64.24%. The firm had revenue of $13.27 billion during the quarter. As a group, equities research analysts anticipate that ASML Holding N.V. will post 46.51 EPS for the current year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th were issued a $2.1077 dividend. The ex-dividend date was Tuesday, October 27th. This is a decrease 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%. ASML’s dividend payout ratio is currently 17.55%.

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.