CW Advisors LLC increased its holdings in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 34.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,761 shares of the semiconductor company’s stock after acquiring an additional 702 shares during the period. CW Advisors LLC’s holdings in ASML were worth $2,213,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of ASML. Princeton Global Asset Management LLC grew its stake in shares of ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 20 shares during the period. Pin Oak Investment Advisors Inc. purchased a new stake in ASML during the second quarter worth about $30,000. Washington Trust Advisors Inc. boosted its holdings in ASML by 129.4% during the second quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock worth $31,000 after buying an additional 22 shares in the last quarter. Maseco LLP acquired a new position in ASML during the second quarter worth about $32,000. Finally, Knuff & Co LLC purchased a new position in ASML in the first quarter valued at about $33,000. Institutional investors and hedge funds own 26.07% of the company’s stock.
Analyst Ratings Changes
Several brokerages have recently commented on ASML. Arete Research raised ASML to a “strong-buy” rating in a research note on Friday, September 12th. Citigroup reissued a “buy” rating on shares of ASML in a report on Tuesday, October 7th. HSBC restated a “buy” rating on shares of ASML in a research report on Friday, October 17th. Morningstar lowered shares of ASML to a “hold” rating in a research report on Thursday, September 18th. Finally, Erste Group Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Four equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,171.83.
ASML Stock Down 1.0%
ASML opened at $1,099.47 on Friday. The firm has a market cap of $432.40 billion, a P/E ratio of 44.75, a PEG ratio of 1.71 and a beta of 1.87. The business’s fifty day simple moving average is $1,028.77 and its 200 day simple moving average is $863.78. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,141.72. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.
ASML (NASDAQ:ASML – Get Free Report) last released its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company had revenue of $8.80 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same period in the prior year, the firm earned $5.28 EPS. The firm’s quarterly revenue was up .7% on a year-over-year basis. As a group, equities research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.
ASML Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were given a dividend of $1.857 per share. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is 25.76%.
ASML 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.
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