ASML Holding (NASDAQ:ASML) Shares Purchased by HM Payson & Co.

HM Payson & Co. boosted its position in shares of ASML Holding (NASDAQ:ASML) by 0.8% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 70,720 shares of the semiconductor company’s stock after acquiring an additional 566 shares during the quarter. HM Payson & Co.’s holdings in ASML were worth $58,927,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. KP Management LLC lifted its holdings in shares of ASML by 66.7% during the second quarter. KP Management LLC now owns 5,000 shares of the semiconductor company’s stock worth $5,114,000 after purchasing an additional 2,000 shares during the period. Harvard Management Co. Inc. increased its holdings in ASML by 239.8% in the 2nd quarter. Harvard Management Co. Inc. now owns 93,519 shares of the semiconductor company’s stock worth $95,645,000 after buying an additional 66,000 shares during the period. Pictet North America Advisors SA lifted its stake in ASML by 15.0% during the 3rd quarter. Pictet North America Advisors SA now owns 5,929 shares of the semiconductor company’s stock valued at $4,940,000 after acquiring an additional 773 shares during the period. Pathway Financial Advisers LLC boosted its holdings in shares of ASML by 97,001.7% in the 3rd quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock valued at $94,665,000 after acquiring an additional 113,492 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of ASML by 9.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 34,098 shares of the semiconductor company’s stock valued at $28,412,000 after acquiring an additional 2,806 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on ASML. Susquehanna decreased their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Sanford C. Bernstein reduced their price objective on ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research note on Monday, October 21st. Wells Fargo & Company lowered their target price on ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Finally, UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $970.60.

ASML Price Performance

Shares of ASML stock traded down $6.72 during trading hours on Thursday, hitting $677.11. 215,534 shares of the company’s stock were exchanged, compared to its average volume of 1,393,124. ASML Holding has a fifty-two week low of $593.56 and a fifty-two week high of $1,110.09. The firm has a market cap of $266.39 billion, a P/E ratio of 35.80, a P/E/G ratio of 2.08 and a beta of 1.48. 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 50 day moving average of $802.87 and a two-hundred day moving average of $901.15.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th will be given a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date is Tuesday, October 29th. ASML’s dividend payout ratio is presently 29.42%.

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.