ASML Holding (NASDAQ:ASML) Shares Acquired by Raymond James Trust N.A.

Raymond James Trust N.A. lifted its holdings in shares of ASML Holding (NASDAQ:ASML) by 1.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,237 shares of the semiconductor company’s stock after buying an additional 34 shares during the period. Raymond James Trust N.A.’s holdings in ASML were worth $2,697,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fairway Wealth LLC acquired a new stake in shares of ASML during the 3rd quarter worth approximately $25,000. Resources Management Corp CT ADV bought a new position in ASML during the 2nd quarter worth $26,000. Milestone Investment Advisors LLC acquired a new stake in ASML in the third quarter worth $28,000. Triad Wealth Partners LLC bought a new stake in ASML in the second quarter valued at $31,000. Finally, First Community Trust NA acquired a new position in shares of ASML during the second quarter valued at $34,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Up 0.1 %

Shares of ASML stock opened at $672.88 on Friday. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The business’s fifty day moving average is $744.92 and its 200-day moving average is $873.81. The stock has a market cap of $264.73 billion, a PE ratio of 35.23, a price-to-earnings-growth ratio of 1.95 and a beta of 1.51.

ASML (NASDAQ:ASML) last released its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The firm had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. Equities analysts expect that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were paid a dividend of $1.407 per share. This represents a $5.63 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s dividend payout ratio is presently 29.21%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Susquehanna dropped their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Wells Fargo & Company cut their price target on ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Finally, Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $970.60.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.