ASML Holding (NASDAQ:ASML) Shares Acquired by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. boosted its position in ASML Holding (NASDAQ:ASML) by 24.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 61 shares of the semiconductor company’s stock after purchasing an additional 12 shares during the period. Armstrong Advisory Group Inc.’s holdings in ASML were worth $51,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Hilltop National Bank lifted its stake in shares of ASML by 1.0% in the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock valued at $997,000 after purchasing an additional 10 shares during the period. First PREMIER Bank boosted its stake in shares of ASML by 4.2% during the 1st quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock worth $265,000 after acquiring an additional 11 shares in the last quarter. Investment Partners LTD. grew its holdings in shares of ASML by 1.2% in the 1st quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock worth $871,000 after acquiring an additional 11 shares during the period. Valley National Advisers Inc. increased its stake in ASML by 1.1% in the 2nd quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock valued at $1,159,000 after purchasing an additional 12 shares in the last quarter. Finally, Pure Financial Advisors LLC raised its holdings in ASML by 2.8% during the second quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock worth $454,000 after purchasing an additional 12 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the topic of several research reports. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Susquehanna reduced their price target 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. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Finally, Wells Fargo & Company cut their price objective on ASML from $1,185.00 to $1,000.00 and set an “overweight” rating for the company in a research report on Thursday, October 3rd. Three 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 company. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $1,071.80.

ASML Trading Up 3.8 %

Shares of ASML stock opened at $872.27 on Tuesday. ASML Holding has a fifty-two week low of $573.86 and a fifty-two week high of $1,110.09. The business’s fifty day moving average is $846.01 and its two-hundred day moving average is $923.22. 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 $344.19 billion, a PE ratio of 44.55, a P/E/G ratio of 2.08 and a beta of 1.48.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share for the quarter, topping the consensus estimate of $3.87 by $0.14. ASML had a return on equity of 49.93% and a net margin of 26.50%. The firm had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6 billion. During the same period in the prior year, the business posted $5.37 earnings per share. The firm’s revenue for the quarter was down 9.5% compared to the same quarter last year. Analysts anticipate that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were given a dividend of $1.8732 per share. This is a positive change from ASML’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Monday, July 29th. This represents a $7.49 annualized dividend and a yield of 0.86%. ASML’s dividend payout ratio is 28.50%.

ASML 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.