ASML Holding N.V. $ASML Shares Bought by Asio Capital LLC

Asio Capital LLC grew its stake in ASML Holding N.V. (NASDAQ:ASML) by 9.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,669 shares of the semiconductor company’s stock after buying an additional 632 shares during the period. ASML accounts for 1.1% of Asio Capital LLC’s investment portfolio, making the stock its 27th largest holding. Asio Capital LLC’s holdings in ASML were worth $7,424,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Princeton Global Asset Management LLC boosted its stake in ASML by 153.8% in the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 20 shares in the last quarter. Binnacle Investments Inc lifted its holdings in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares during the last quarter. Pin Oak Investment Advisors Inc. acquired a new stake in shares of ASML in the 2nd quarter valued at about $30,000. Washington Trust Advisors Inc. boosted its position in shares of ASML by 129.4% in the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 22 shares during the period. Finally, Maseco LLP purchased a new position in ASML during the 2nd quarter worth approximately $32,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Citigroup reiterated a “buy” rating on shares of ASML in a research note on Wednesday, December 10th. Arete Research raised shares of ASML to a “strong-buy” rating in a report on Friday, September 12th. Bank of America upped their price target on shares of ASML from $1,092.00 to $1,331.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Susquehanna raised their price objective on shares of ASML from $965.00 to $1,150.00 and gave the stock a “positive” rating in a research report on Friday, October 10th. Finally, Morningstar lowered shares of ASML to a “hold” rating in a research note on Thursday, September 18th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,171.83.

ASML Price Performance

Shares of ASML opened at $1,064.39 on Friday. The stock’s 50 day moving average is $1,051.36 and its two-hundred day moving average is $895.35. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,141.72. The firm has a market capitalization of $418.60 billion, a PE ratio of 43.32, a P/E/G ratio of 1.65 and a beta of 1.87. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm had revenue of $8.80 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the prior year, the business posted $5.28 earnings per share. ASML’s revenue was up .7% compared to the same quarter last year. Research analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were paid a dividend of $1.857 per share. This is a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend was Wednesday, October 29th. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. ASML’s dividend payout ratio is presently 25.80%.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.