ASML Holding (NASDAQ:ASML) Shares Purchased by Perigon Wealth Management LLC

Posted by on Mar 20th, 2023

Perigon Wealth Management LLC lifted its holdings in ASML Holding (NASDAQ:ASML – Get Rating) by 11.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 517 shares of the semiconductor company’s stock after purchasing an additional 53 shares during the period. Perigon Wealth Management LLC’s holdings in ASML were worth $215,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Values First Advisors Inc. grew its holdings in ASML by 8.3% during the 3rd quarter. Values First Advisors Inc. now owns 701 shares of the semiconductor company’s stock worth $291,000 after acquiring an additional 54 shares in the last quarter. London & Capital Asset Management Ltd grew its holdings in ASML by 9.1% during the 3rd quarter. London & Capital Asset Management Ltd now owns 24,965 shares of the semiconductor company’s stock worth $10,369,000 after acquiring an additional 2,074 shares in the last quarter. Aurora Investment Counsel grew its holdings in ASML by 4.8% during the 3rd quarter. Aurora Investment Counsel now owns 2,682 shares of the semiconductor company’s stock worth $1,114,000 after acquiring an additional 122 shares in the last quarter. Continental Investors Services Inc. acquired a new position in ASML during the 3rd quarter worth approximately $11,640,000. Finally, IHT Wealth Management LLC grew its holdings in ASML by 79.8% during the 3rd quarter. IHT Wealth Management LLC now owns 1,190 shares of the semiconductor company’s stock worth $494,000 after acquiring an additional 528 shares in the last quarter. Institutional investors and hedge funds own 18.61% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on ASML. StockNews.com began coverage on shares of ASML in a report on Thursday. They set a “buy” rating for the company. Sanford C. Bernstein started coverage on shares of ASML in a research report on Wednesday, January 18th. They set an “outperform” rating for the company. Barclays started coverage on shares of ASML in a research report on Tuesday, January 17th. They set an “equal weight” rating for the company. JPMorgan Chase & Co. boosted their price objective on shares of ASML from $710.00 to $752.00 and gave the stock an “overweight” rating in a research report on Thursday, January 26th. Finally, Societe Generale boosted their price objective on shares of ASML from €520.00 ($559.14) to €680.00 ($731.18) in a research report on Tuesday, November 22nd. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $688.92.

ASML Stock Up 0.5 %

ASML stock opened at $633.69 on Monday. The company has a fifty day moving average price of $646.02 and a 200 day moving average price of $559.29. ASML Holding has a 12 month low of $363.15 and a 12 month high of $714.62. The company has a market cap of $250.05 billion, a price-to-earnings ratio of 38.69, a price-to-earnings-growth ratio of 1.07 and a beta of 1.46. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.28 and a quick ratio of 0.88.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 10th. Shareholders of record on Tuesday, May 2nd will be given a dividend of $1.267 per share. The ex-dividend date is Monday, May 1st. This represents a $5.07 dividend on an annualized basis and a yield of 0.80%. ASML’s payout ratio is currently 38.16%.

About ASML

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ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. It operates through the following geographical segments: Japan, South Korea, Singapore, Taiwan, Chine, Rest of Asia, Netherlands, Europe, the Middle East and Africa (EMEA), and United States.

Further Reading

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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