275 Shares in ASML Holding (NASDAQ:ASML) Purchased by Core Wealth Partners LLC

Core Wealth Partners LLC acquired a new stake in ASML Holding (NASDAQ:ASML) in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm acquired 275 shares of the semiconductor company’s stock, valued at approximately $229,000.

Several other hedge funds have also recently modified their holdings of the company. Hilltop National Bank increased its position in shares of ASML by 1.0% during the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock valued at $997,000 after acquiring an additional 10 shares during the last quarter. Valley National Advisers Inc. raised its stake in shares of ASML by 1.1% during the 2nd quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock worth $1,159,000 after purchasing an additional 12 shares during the period. Pure Financial Advisors LLC boosted its holdings in shares of ASML by 2.8% in the 2nd quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock worth $454,000 after buying an additional 12 shares during the last quarter. First Pacific Financial boosted its holdings in shares of ASML by 1.1% in the 2nd quarter. First Pacific Financial now owns 1,121 shares of the semiconductor company’s stock worth $1,146,000 after buying an additional 12 shares during the last quarter. Finally, RMR Wealth Builders grew its position in ASML by 0.6% during the second quarter. RMR Wealth Builders now owns 2,114 shares of the semiconductor company’s stock valued at $2,162,000 after buying an additional 12 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML opened at $673.77 on Monday. ASML Holding has a 52-week low of $648.27 and a 52-week high of $1,110.09. The stock’s 50-day simple moving average is $771.58 and its 200 day simple moving average is $889.54. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The stock has a market capitalization of $265.08 billion, a price-to-earnings ratio of 35.05, a price-to-earnings-growth ratio of 1.91 and a beta of 1.51.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. The firm had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. Research analysts forecast that ASML Holding will post 20.77 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were issued a $1.407 dividend. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 annualized dividend and a dividend yield of 0.84%. ASML’s payout ratio is currently 29.21%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ASML shares. Sanford C. Bernstein dropped their target price on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a research note on Monday, October 21st. JPMorgan Chase & Co. dropped their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Berenberg Bank raised ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Wells Fargo & Company dropped their price target on ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Finally, Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average price target of $970.60.

ASML Company 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.