ASML Holding (NASDAQ:ASML) Shares Sold by Tidal Investments LLC

Tidal Investments LLC decreased its stake in ASML Holding (NASDAQ:ASML) by 60.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,552 shares of the semiconductor company’s stock after selling 2,411 shares during the quarter. Tidal Investments LLC’s holdings in ASML were worth $1,293,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ASML. Lantz Financial LLC acquired a new stake in shares of ASML in the second quarter valued at approximately $216,000. Sumitomo Mitsui Trust Holdings Inc. increased its position in shares of ASML by 15.1% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 10,254 shares of the semiconductor company’s stock worth $10,487,000 after purchasing an additional 1,343 shares during the last quarter. Fifth Third Wealth Advisors LLC purchased a new stake in ASML in the 2nd quarter valued at about $224,000. &PARTNERS lifted its position in ASML by 139.1% in the second quarter. &PARTNERS now owns 2,867 shares of the semiconductor company’s stock valued at $2,930,000 after buying an additional 1,668 shares during the last quarter. Finally, Diversified LLC purchased a new position in ASML during the second quarter worth about $274,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ASML has been the topic of several recent analyst reports. Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Susquehanna decreased their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. JPMorgan Chase & Co. dropped their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Wells Fargo & Company decreased 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. Finally, UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Three investment analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $943.83.

ASML Stock Performance

Shares of ASML stock opened at $719.49 on Thursday. The business has a 50-day simple moving average of $702.89 and a 200-day simple moving average of $844.50. The company has a market cap of $283.06 billion, a PE ratio of 37.67, a P/E/G ratio of 2.07 and a beta of 1.49. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping the consensus estimate of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The company had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.66 billion. On average, equities research analysts forecast that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were paid a $1.407 dividend. This represents a $5.63 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date was Tuesday, October 29th. ASML’s dividend payout ratio is presently 29.21%.

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.