ASML Holding N.V. $ASML Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 13.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,757 shares of the semiconductor company’s stock after buying an additional 2,800 shares during the quarter. Kestra Advisory Services LLC’s holdings in ASML were worth $43,041,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on ASML shares. Argus set a $2,100.00 price objective on ASML in a report on Thursday, July 16th. UBS Group reissued a “buy” rating on shares of ASML in a report on Monday, September 28th. Wells Fargo & Company boosted their target price on ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Barclays restated an “overweight” rating on shares of ASML in a research report on Thursday, July 16th. Finally, Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, September 30th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $2,204.71.

ASML Trading Up 5.0%

Shares of ASML stock traded up $68.10 on Friday, hitting $1,424.75. 1,902,471 shares of the company’s stock traded hands, compared to its average volume of 1,583,467. The stock has a market capitalization of $549.13 billion, a price-to-earnings ratio of 35.08, a P/E/G ratio of 0.63 and a beta of 1.80. The company’s fifty day simple moving average is $1,677.25 and its 200 day simple moving average is $1,599.85. ASML Holding N.V. has a one year low of $946.11 and a one year 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 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 business had revenue of $13.27 billion during the quarter. Equities analysts forecast that ASML Holding N.V. will post 46.54 EPS for the current year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders 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. This represents a $8.43 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Tuesday, October 27th. ASML’s dividend payout ratio (DPR) is presently 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.

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