ASML Holding N.V. $ASML Stock Bought by Ethic Inc.

Ethic Inc. lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 21.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,994 shares of the semiconductor company’s stock after purchasing an additional 4,674 shares during the period. ASML accounts for about 0.5% of Ethic Inc.’s portfolio, making the stock its 27th largest holding. Ethic Inc.’s holdings in ASML were worth $47,093,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in ASML. NBH Bank purchased a new stake in ASML in the 2nd quarter valued at $26,000. Gilpin Wealth Management LLC increased its stake in shares of ASML by 275.0% in the 3rd quarter. Gilpin Wealth Management LLC now owns 15 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 11 shares during the last quarter. Quest 10 Wealth Builders Inc. acquired a new stake in shares of ASML in the 3rd quarter worth $27,000. Field & Main Bank purchased a new position in shares of ASML during the 2nd quarter worth $30,000. Finally, Vision Financial Markets LLC purchased a new position in shares of ASML during the 3rd quarter worth $36,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ASML shares. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $2,400.00 to $2,350.00 and set an “overweight” rating for the company in a report on Thursday, October 15th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of ASML in a research note on Monday, September 14th. Royal Bank Of Canada reiterated 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. Finally, Weiss Ratings cut shares of ASML from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $2,204.71.

ASML Trading Up 5.0%

NASDAQ:ASML opened at $1,424.75 on Friday. The firm has a market cap of $549.13 billion, a PE ratio of 35.08, a price-to-earnings-growth ratio of 0.59 and a beta of 1.80. The stock has a fifty day moving average price of $1,677.25 and a 200 day moving average price of $1,599.85. ASML Holding N.V. has a 12-month low of $946.11 and a 12-month high of $1,999.96. The company has a current ratio of 1.49, a quick ratio of 1.01 and a debt-to-equity ratio of 0.09.

ASML (NASDAQ:ASML) last released its earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share 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 anticipate that ASML Holding N.V. will post 46.54 earnings per share for the current fiscal year.

ASML Cuts Dividend

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

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.

Founded in 1984 as a joint venture between Philips and ASM International, ASML is headquartered in Veldhoven, the Netherlands.