ASML Holding (NASDAQ:ASML) Shares Sold by Thomasville National Bank

Thomasville National Bank lessened its stake in ASML Holding (NASDAQ:ASML) by 0.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 19,927 shares of the semiconductor company’s stock after selling 103 shares during the period. ASML comprises approximately 1.2% of Thomasville National Bank’s portfolio, making the stock its 28th largest position. Thomasville National Bank’s holdings in ASML were worth $16,604,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. American Capital Advisory LLC acquired a new stake in shares of ASML in the first quarter valued at $26,000. Resources Management Corp CT ADV purchased a new position in ASML during the 2nd quarter valued at about $26,000. WD Rutherford LLC acquired a new position in ASML in the 1st quarter valued at about $29,000. Triad Wealth Partners LLC purchased a new stake in ASML during the second quarter worth about $31,000. Finally, First Community Trust NA acquired a new stake in shares of ASML during the second quarter worth about $34,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on ASML shares. JPMorgan Chase & Co. upped their target price on shares of ASML from $1,202.00 to $1,207.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 9th. Wells Fargo & Company cut 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. Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Finally, Morgan Stanley cut ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,071.80.

ASML Stock Performance

Shares of ASML stock opened at $840.69 on Monday. 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 Holding has a 52 week low of $573.86 and a 52 week high of $1,110.09. The firm’s 50 day moving average is $844.97 and its two-hundred day moving average is $923.92. The firm has a market capitalization of $331.73 billion, a P/E ratio of 42.94, a P/E/G ratio of 2.08 and a beta of 1.48.

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

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were issued a $1.8732 dividend. This is an increase from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend was Monday, July 29th. ASML’s payout ratio is presently 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.