ASML Holding (NASDAQ:ASML) Shares Purchased by Leo Wealth LLC

Leo Wealth LLC increased its holdings in ASML Holding (NASDAQ:ASML) by 19.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 430 shares of the semiconductor company’s stock after buying an additional 70 shares during the quarter. Leo Wealth LLC’s holdings in ASML were worth $358,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Jennison Associates LLC grew its position in shares of ASML by 50.0% during the 1st quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock valued at $1,668,386,000 after acquiring an additional 572,996 shares during the period. GQG Partners LLC grew its holdings in ASML by 21.6% in the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock valued at $1,608,921,000 after purchasing an additional 294,784 shares during the period. Van ECK Associates Corp increased its position in shares of ASML by 15.4% in the second quarter. Van ECK Associates Corp now owns 1,282,396 shares of the semiconductor company’s stock valued at $1,311,545,000 after buying an additional 170,992 shares in the last quarter. Janus Henderson Group PLC raised its stake in shares of ASML by 18.9% during the 1st quarter. Janus Henderson Group PLC now owns 1,220,210 shares of the semiconductor company’s stock worth $1,184,173,000 after buying an additional 194,357 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its stake in ASML by 4,379.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock valued at $910,102,000 after acquiring an additional 870,010 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ASML. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Susquehanna cut their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Berenberg Bank raised ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. dropped their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average price target of $970.60.

ASML Trading Up 1.0 %

Shares of ASML opened at $720.91 on Wednesday. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. The firm has a 50-day moving average price of $828.69 and a 200 day moving average price of $912.16. ASML Holding has a 12-month low of $573.86 and a 12-month high of $1,110.09. The firm has a market capitalization of $284.46 billion, a P/E ratio of 36.82, a P/E/G ratio of 2.08 and a beta of 1.48.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, November 17th. Stockholders of record on Tuesday, October 29th will be given a dividend of $1.407 per share. This represents a $5.63 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend is Tuesday, October 29th. ASML’s payout ratio is presently 28.70%.

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.