ASML Holding (NASDAQ:ASML) Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its position in ASML Holding (NASDAQ:ASML) by 10.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,280 shares of the semiconductor company’s stock after buying an additional 407 shares during the period. Oppenheimer & Co. Inc.’s holdings in ASML were worth $3,566,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ASML. Mercer Global Advisors Inc. ADV boosted its stake in shares of ASML by 4,379.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock worth $910,102,000 after acquiring an additional 870,010 shares during the last quarter. Fayez Sarofim & Co acquired a new stake in ASML during the 1st quarter worth $542,710,000. International Assets Investment Management LLC grew its holdings in shares of ASML by 94,079.7% during the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after buying an additional 491,096 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of ASML by 37.0% during the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after buying an additional 474,653 shares in the last quarter. Finally, GQG Partners LLC raised its position in shares of 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 buying an additional 294,784 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ASML has been the subject of several research reports. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Wells Fargo & Company cut their price target on ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Sanford C. Bernstein reduced their price objective on ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a research report on Monday, October 21st. Susquehanna dropped their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Finally, JPMorgan Chase & Co. reduced their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $970.60.

ASML Stock Performance

Shares of ASML stock opened at $658.63 on Friday. The firm has a market cap of $259.12 billion, a PE ratio of 34.48, a price-to-earnings-growth ratio of 1.95 and a beta of 1.51. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. ASML Holding has a 52 week low of $654.77 and a 52 week high of $1,110.09. The business’s fifty day simple moving average is $758.59 and its 200-day simple moving average is $883.33.

ASML (NASDAQ:ASML) last posted its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $7.66 billion. Equities analysts forecast that ASML Holding will post 20.77 earnings per share for the current year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were given a $1.407 dividend. This represents a $5.63 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s payout ratio is 29.21%.

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.