ASML Holding (NASDAQ:ASML) Shares Sold by Banco Santander S.A.

Banco Santander S.A. lowered its holdings in ASML Holding (NASDAQ:ASML) by 23.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,979 shares of the semiconductor company’s stock after selling 611 shares during the period. Banco Santander S.A.’s holdings in ASML were worth $2,024,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in ASML. American Capital Advisory LLC purchased a new position in ASML during the first quarter worth approximately $26,000. WD Rutherford LLC purchased a new position in shares of ASML in the 1st quarter worth $29,000. Triad Wealth Partners LLC acquired a new position in ASML in the second quarter valued at $31,000. Beaird Harris Wealth Management LLC purchased a new stake in ASML during the fourth quarter valued at about $34,000. Finally, First Community Trust NA acquired a new stake in ASML during the second quarter worth about $34,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Down 0.0 %

Shares of NASDAQ ASML traded down $0.42 during trading on Thursday, reaching $887.71. 1,173,477 shares of the stock were exchanged, compared to its average volume of 1,221,497. The business’s 50-day moving average price is $951.39 and its 200 day moving average price is $954.68. The company has a market capitalization of $350.28 billion, a price-to-earnings ratio of 45.34, a price-to-earnings-growth ratio of 1.87 and a beta of 1.49. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,110.09. 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 (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, topping analysts’ consensus estimates of $3.87 by $0.14. The firm had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The firm’s revenue was down 9.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.37 EPS. As a group, equities analysts forecast that ASML Holding will post 20.3 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were issued a dividend of $1.8732 per share. The ex-dividend date of this dividend was Monday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 annualized dividend and a yield of 0.84%. ASML’s payout ratio is currently 28.50%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ASML shares. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Wells Fargo & Company raised their price target on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. Susquehanna boosted their price objective on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research note on Thursday, July 11th. Finally, JPMorgan Chase & Co. raised their target price on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Two analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,147.80.

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.