ASML Holding (NASDAQ:ASML) Position Increased by Thomasville National Bank

Thomasville National Bank boosted its holdings in shares of ASML Holding (NASDAQ:ASML) by 4.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,806 shares of the semiconductor company’s stock after buying an additional 879 shares during the quarter. Thomasville National Bank’s holdings in ASML were worth $14,420,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ASML. Oppenheimer & Co. Inc. grew its position in shares of ASML by 4.9% in the second quarter. Oppenheimer & Co. Inc. now owns 3,873 shares of the semiconductor company’s stock valued at $3,961,000 after purchasing an additional 182 shares during the last quarter. DekaBank Deutsche Girozentrale grew its position in ASML by 10.1% during the second quarter. DekaBank Deutsche Girozentrale now owns 261 shares of the semiconductor company’s stock worth $270,000 after buying an additional 24 shares in the last quarter. Meeder Advisory Services Inc. grew its position in ASML by 40.2% during the second quarter. Meeder Advisory Services Inc. now owns 555 shares of the semiconductor company’s stock worth $568,000 after buying an additional 159 shares in the last quarter. GHP Investment Advisors Inc. grew its position in ASML by 42.1% during the second quarter. GHP Investment Advisors Inc. now owns 81 shares of the semiconductor company’s stock worth $83,000 after buying an additional 24 shares in the last quarter. Finally, William Blair Investment Management LLC grew its position in ASML by 8.6% during the second quarter. William Blair Investment Management LLC now owns 8,562 shares of the semiconductor company’s stock worth $8,757,000 after buying an additional 676 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Price Performance

Shares of NASDAQ:ASML traded down $14.51 during trading on Monday, reaching $724.50. The stock had a trading volume of 571,873 shares, compared to its average volume of 1,379,216. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The business’s 50-day moving average price is $699.90 and its 200 day moving average price is $805.98. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The stock has a market capitalization of $285.03 billion, a PE ratio of 37.93, a P/E/G ratio of 2.07 and a beta of 1.47.

ASML (NASDAQ:ASML) last posted its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (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 during the quarter, compared to analysts’ expectations of $7.66 billion. As a group, equities analysts predict that ASML Holding will post 20.68 earnings per share for the current year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were given a $1.407 dividend. This represents a $5.63 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is presently 29.21%.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of recent research reports. Susquehanna decreased their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. BNP Paribas assumed coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Morgan Stanley cut shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, Wells Fargo & Company raised their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday. 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, the company presently has an average rating of “Moderate Buy” and a consensus price target of $955.50.

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.