Darden Wealth Group Inc Has $1.29 Million Holdings in ASML Holding (NASDAQ:ASML)

Darden Wealth Group Inc lifted its position in shares of ASML Holding (NASDAQ:ASML) by 5.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,546 shares of the semiconductor company’s stock after purchasing an additional 73 shares during the period. ASML accounts for approximately 0.9% of Darden Wealth Group Inc’s investment portfolio, making the stock its 24th biggest holding. Darden Wealth Group Inc’s holdings in ASML were worth $1,288,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ASML. Mercer Global Advisors Inc. ADV grew its stake in shares of ASML by 4,379.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock valued at $910,102,000 after acquiring an additional 870,010 shares in the last quarter. International Assets Investment Management LLC grew its position in shares of ASML by 94,079.7% during the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after purchasing an additional 491,096 shares in the last quarter. Van ECK Associates Corp increased its holdings in shares of ASML by 37.0% during the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after purchasing an additional 474,653 shares during the period. Captrust Financial Advisors raised its position in shares of ASML by 213.5% in the first quarter. Captrust Financial Advisors now owns 289,944 shares of the semiconductor company’s stock valued at $281,382,000 after buying an additional 197,453 shares in the last quarter. Finally, Janus Henderson Group PLC grew its position in ASML by 18.9% during the first quarter. Janus Henderson Group PLC now owns 1,220,210 shares of the semiconductor company’s stock worth $1,184,173,000 after buying an additional 194,357 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Up 1.8 %

NASDAQ:ASML opened at $670.02 on Friday. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. 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 company has a market cap of $263.60 billion, a PE ratio of 35.08, a P/E/G ratio of 1.92 and a beta of 1.51. The firm’s 50 day simple moving average is $747.79 and its 200 day simple moving average is $875.74.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. The business had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. On average, research analysts anticipate that ASML Holding will post 20.68 earnings per share for the current year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were issued a $1.407 dividend. This represents a $5.63 annualized dividend and a yield of 0.84%. The ex-dividend date was Tuesday, October 29th. ASML’s payout ratio is presently 29.21%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Sanford C. Bernstein reduced their target price on ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a report on Monday, October 21st. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Finally, Susquehanna lowered their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Three 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. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $970.60.

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.