Compagnie Lombard Odier SCmA Has $359,000 Stock Position in ASML Holding (NASDAQ:ASML)

Compagnie Lombard Odier SCmA grew its holdings in shares of ASML Holding (NASDAQ:ASML) by 36.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 431 shares of the semiconductor company’s stock after buying an additional 116 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in ASML were worth $359,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in ASML. American Capital Advisory LLC purchased a new position in ASML during the first quarter worth about $26,000. Resources Management Corp CT ADV purchased a new position in ASML during the second quarter worth about $26,000. WD Rutherford LLC purchased a new position in ASML during the first quarter worth about $29,000. Triad Wealth Partners LLC purchased a new position in ASML during the second quarter worth about $31,000. Finally, First Community Trust NA purchased a new position in ASML during the second quarter worth about $34,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ASML. Wells Fargo & Company cut their price target on shares of ASML from $1,185.00 to $1,000.00 and set an “overweight” rating on the stock in a report on Thursday, October 3rd. Susquehanna lowered 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 research report on Friday. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. JPMorgan Chase & Co. lifted their price objective on shares of ASML from $1,202.00 to $1,207.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 9th. Finally, Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus price target of $1,071.80.

ASML Stock Performance

NASDAQ ASML opened at $840.69 on Monday. The company’s 50 day moving average is $844.97 and its 200-day moving average is $923.92. ASML Holding has a 12-month low of $573.86 and a 12-month high of $1,110.09. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. The firm has a market cap of $331.73 billion, a P/E ratio of 42.94, a price-to-earnings-growth ratio of 2.08 and a beta of 1.48.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The company had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. During the same quarter in the previous year, the firm posted $5.37 earnings per share. The company’s quarterly revenue was down 9.5% compared to the same quarter last year. Sell-side analysts predict that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were given a $1.8732 dividend. The ex-dividend date was Monday, July 29th. This represents a $7.49 annualized dividend and a dividend yield of 0.89%. This is a positive change from ASML’s previous quarterly dividend of $1.34. ASML’s payout ratio is 28.50%.

ASML Company Profile

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.