MADDEN SECURITIES Corp Purchases 270 Shares of ASML Holding (NASDAQ:ASML)

MADDEN SECURITIES Corp increased its position in shares of ASML Holding (NASDAQ:ASML) by 6.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,395 shares of the semiconductor company’s stock after acquiring an additional 270 shares during the period. ASML makes up about 1.6% of MADDEN SECURITIES Corp’s holdings, making the stock its 19th biggest position. MADDEN SECURITIES Corp’s holdings in ASML were worth $3,662,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of ASML. Resources Management Corp CT ADV purchased a new position in ASML in the 2nd quarter worth approximately $26,000. American Capital Advisory LLC purchased a new position in ASML in the first quarter worth $26,000. WD Rutherford LLC bought a new position in ASML in the first quarter valued at $29,000. Triad Wealth Partners LLC purchased a new stake in ASML during the second quarter valued at about $31,000. Finally, First Community Trust NA bought a new stake in ASML during the second quarter worth about $34,000. 26.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Wells Fargo & Company reduced 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. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Finally, Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average price target of $1,071.80.

ASML Price Performance

ASML stock opened at $840.69 on Friday. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. The firm’s 50-day moving average price is $844.97 and its two-hundred day moving average price is $924.59. The stock has a market capitalization of $330.74 billion, a price-to-earnings ratio of 45.37, a PEG ratio of 2.08 and a beta of 1.48. ASML Holding has a 12-month low of $573.86 and a 12-month high of $1,110.09.

ASML (NASDAQ:ASML) last posted its earnings results 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 firm had revenue of $6.24 billion for 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 revenue was down 9.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $5.37 earnings per share. As a group, equities analysts predict that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were given a dividend of $1.8732 per share. The ex-dividend date of this dividend was Monday, July 29th. This represents a $7.49 annualized dividend and a dividend yield of 0.89%. This is a boost from ASML’s previous quarterly dividend of $1.34. ASML’s payout ratio is currently 30.17%.

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.