Janney Capital Management LLC Trims Stock Position in ASML Holding N.V. $ASML

Janney Capital Management LLC lessened its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 3.1% during the third quarter, HoldingsChannel.com reports. The fund owned 15,096 shares of the semiconductor company’s stock after selling 481 shares during the period. Janney Capital Management LLC’s holdings in ASML were worth $14,615,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of ASML. Fisher Asset Management LLC raised its position in shares of ASML by 6.3% in the second quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock worth $3,401,304,000 after buying an additional 250,934 shares in the last quarter. Franklin Resources Inc. increased its stake in ASML by 5.2% in the 2nd quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock worth $611,933,000 after acquiring an additional 37,994 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of ASML by 14.1% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 583,093 shares of the semiconductor company’s stock valued at $467,285,000 after acquiring an additional 72,164 shares in the last quarter. Brown Advisory Inc. boosted its position in shares of ASML by 1.8% during the 2nd quarter. Brown Advisory Inc. now owns 448,798 shares of the semiconductor company’s stock valued at $359,662,000 after acquiring an additional 8,070 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of ASML by 0.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 433,558 shares of the semiconductor company’s stock valued at $347,445,000 after acquiring an additional 2,837 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ASML. Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. Berenberg Bank restated a “buy” rating on shares of ASML in a research report on Thursday, October 16th. Cantor Fitzgerald reiterated an “overweight” rating on shares of ASML in a research report on Tuesday, December 16th. Hsbc Global Res raised ASML to a “strong-buy” rating in a research note on Monday, October 6th. Finally, New Street Research reaffirmed a “neutral” rating on shares of ASML in a research note on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,270.67.

ASML Stock Performance

NASDAQ ASML opened at $1,281.23 on Tuesday. The company has a 50-day simple moving average of $1,079.37 and a two-hundred day simple moving average of $929.48. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,283.56. The firm has a market cap of $503.88 billion, a price-to-earnings ratio of 52.15, a PEG ratio of 1.89 and a beta of 1.86. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping the consensus estimate of $6.27 by $0.14. The firm had revenue of $8.80 billion for the quarter, compared to the consensus estimate of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The company’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the previous year, the business earned $5.28 earnings per share. On average, equities analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were issued a dividend of $1.857 per share. The ex-dividend date was Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a yield of 0.6%. This is an increase from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio (DPR) is currently 25.80%.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.