Commonwealth Equity Services LLC Purchases 2,958 Shares of ASML Holding (NASDAQ:ASML)

Commonwealth Equity Services LLC grew its position in ASML Holding (NASDAQ:ASML) by 10.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,383 shares of the semiconductor company’s stock after purchasing an additional 2,958 shares during the quarter. Commonwealth Equity Services LLC’s holdings in ASML were worth $22,021,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Fisher Asset Management LLC boosted its stake in ASML by 1.2% during the second quarter. Fisher Asset Management LLC now owns 4,782,894 shares of the semiconductor company’s stock worth $3,466,403,000 after acquiring an additional 56,653 shares in the last quarter. Bank of America Corp DE boosted its stake in ASML by 6.0% during the first quarter. Bank of America Corp DE now owns 1,484,196 shares of the semiconductor company’s stock worth $1,010,307,000 after acquiring an additional 83,577 shares in the last quarter. Jennison Associates LLC boosted its stake in ASML by 2.6% during the second quarter. Jennison Associates LLC now owns 1,410,471 shares of the semiconductor company’s stock worth $1,022,239,000 after acquiring an additional 36,094 shares in the last quarter. Franklin Resources Inc. boosted its stake in ASML by 3.5% during the first quarter. Franklin Resources Inc. now owns 1,284,000 shares of the semiconductor company’s stock worth $874,032,000 after acquiring an additional 43,493 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in ASML by 364.6% during the first quarter. Envestnet Asset Management Inc. now owns 1,270,364 shares of the semiconductor company’s stock worth $195,650,000 after acquiring an additional 996,949 shares in the last quarter. 18.94% of the stock is owned by institutional investors.

ASML Stock Performance

Shares of ASML stock opened at $694.31 on Tuesday. The firm has a 50-day moving average of $610.16 and a 200-day moving average of $663.77. The company has a market cap of $273.97 billion, a P/E ratio of 33.69, a P/E/G ratio of 1.31 and a beta of 1.46. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.33 and a quick ratio of 0.81. ASML Holding has a one year low of $529.01 and a one year high of $771.98.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, October 18th. The semiconductor company reported $5.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.00 by $0.23. ASML had a net margin of 28.44% and a return on equity of 73.29%. The business had revenue of $7.26 billion during the quarter, compared to the consensus estimate of $7.49 billion. Equities research analysts forecast that ASML Holding will post 20.62 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 10th. Investors of record on Thursday, November 2nd were issued a dividend of $1.5337 per share. The ex-dividend date of this dividend was Wednesday, November 1st. This represents a $6.13 dividend on an annualized basis and a yield of 0.88%. ASML’s dividend payout ratio (DPR) is presently 25.23%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on ASML shares. Wolfe Research started coverage on shares of ASML in a research note on Thursday, September 14th. They set an “outperform” rating on the stock. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $732.00 to $726.00 and set an “overweight” rating on the stock in a research note on Thursday, October 19th. Raymond James assumed coverage on shares of ASML in a research note on Tuesday, October 17th. They issued a “strong-buy” rating and a $725.00 price objective on the stock. StockNews.com assumed coverage on shares of ASML in a research note on Thursday, October 5th. They issued a “hold” rating on the stock. Finally, Sanford C. Bernstein lowered shares of ASML from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $810.00 to $785.00 in a research note on Friday, July 28th. Seven research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $757.29.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company 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.