ASML Holding (NASDAQ:ASML) Shares Purchased by Callan Family Office LLC

Callan Family Office LLC boosted its position in ASML Holding (NASDAQ:ASML) by 31.1% in the 3rd quarter, Holdings Channel reports. The firm owned 333 shares of the semiconductor company’s stock after acquiring an additional 79 shares during the quarter. Callan Family Office LLC’s holdings in ASML were worth $277,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in ASML. State of Tennessee Treasury Department raised its stake in ASML by 5.5% in the 4th quarter. State of Tennessee Treasury Department now owns 37,760 shares of the semiconductor company’s stock valued at $28,581,000 after purchasing an additional 1,975 shares during the last quarter. Cresset Asset Management LLC increased its stake in shares of ASML by 10.6% in the 4th quarter. Cresset Asset Management LLC now owns 20,510 shares of the semiconductor company’s stock worth $15,524,000 after acquiring an additional 1,974 shares during the last quarter. Icon Wealth Advisors LLC acquired a new stake in shares of ASML in the 4th quarter worth $504,000. Point72 Europe London LLP acquired a new stake in shares of ASML in the 4th quarter worth $10,294,000. Finally, LM Advisors LLC acquired a new stake in shares of ASML in the 4th quarter worth $221,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Performance

Shares of ASML opened at $824.26 on Wednesday. The stock has a 50-day simple moving average of $847.87 and a 200-day simple moving average of $927.86. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52. The stock has a market capitalization of $325.24 billion, a PE ratio of 42.10, a PEG ratio of 1.97 and a beta of 1.48. ASML Holding has a 1 year low of $573.86 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.87 by $0.14. The business had revenue of $6.24 billion during 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% compared to the same quarter last year. During the same quarter last year, the business posted $5.37 EPS. On average, analysts predict that ASML Holding will post 20.38 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were given a dividend of $1.8732 per share. This represents a $7.49 annualized dividend and a dividend yield of 0.91%. The ex-dividend date was Monday, July 29th. This is a positive change from ASML’s previous quarterly dividend of $1.34. ASML’s dividend payout ratio (DPR) is 28.50%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ASML. JPMorgan Chase & Co. raised their target price on ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research note on Thursday, July 18th. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Wells Fargo & Company lowered their price target on ASML from $1,185.00 to $1,000.00 and set an “overweight” rating for the company in a report on Thursday, October 3rd. Finally, Susquehanna increased their price target on ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a report on Thursday, July 11th. Three investment 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 company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,110.80.

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.