Diversified Trust Co Increases Stock Position in ASML Holding (NASDAQ:ASML)

Diversified Trust Co boosted its holdings in ASML Holding (NASDAQ:ASML) by 218.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,942 shares of the semiconductor company’s stock after buying an additional 2,017 shares during the period. Diversified Trust Co’s holdings in ASML were worth $2,451,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fisher Asset Management LLC lifted its holdings in ASML by 2.0% during the 4th quarter. Fisher Asset Management LLC now owns 4,967,958 shares of the semiconductor company’s stock worth $3,760,348,000 after purchasing an additional 95,795 shares in the last quarter. Jennison Associates LLC boosted its position in shares of ASML by 50.0% in the first 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 increased its holdings in ASML by 21.6% during the 1st quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock worth $1,608,921,000 after acquiring an additional 294,784 shares during the period. Van ECK Associates Corp lifted its stake in ASML by 15.4% in the 2nd quarter. Van ECK Associates Corp now owns 1,282,396 shares of the semiconductor company’s stock worth $1,311,545,000 after purchasing an additional 170,992 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in ASML by 18.9% in the 1st quarter. Janus Henderson Group PLC now owns 1,220,210 shares of the semiconductor company’s stock valued at $1,184,173,000 after purchasing an additional 194,357 shares during the period. Institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ASML shares. Wells Fargo & Company lowered their price objective on ASML from $1,185.00 to $1,000.00 and set an “overweight” rating on the stock in a research report on Thursday, October 3rd. Susquehanna lifted their price target on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday, July 11th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. JPMorgan Chase & Co. lifted their target price on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research report on Thursday, July 18th. Finally, Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Three research 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,110.80.

ASML Stock Performance

ASML stock opened at $817.25 on Tuesday. The firm has a fifty day simple moving average of $848.94 and a two-hundred day simple moving average of $929.08. ASML Holding has a twelve month low of $573.86 and a twelve month high of $1,110.09. The company has a market capitalization of $322.48 billion, a PE ratio of 41.74, a P/E/G ratio of 1.97 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.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, topping analysts’ consensus estimates of $3.87 by $0.14. The business had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. The business’s quarterly revenue was down 9.5% on a year-over-year basis. During the same period in the previous year, the firm earned $5.37 EPS. Research analysts expect that ASML Holding will post 20.38 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were issued a dividend of $1.8732 per share. This represents a $7.49 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend was Monday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.34. ASML’s payout ratio is currently 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.