Boston Trust Walden Corp Takes Position in ASML Holding N.V. $ASML

Boston Trust Walden Corp purchased a new position in ASML Holding N.V. (NASDAQ:ASML) during the third quarter, Holdings Channel reports. The fund purchased 655 shares of the semiconductor company’s stock, valued at approximately $634,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HBK Sorce Advisory LLC lifted its stake in ASML by 1.0% in the third quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock valued at $1,067,000 after purchasing an additional 10 shares during the last quarter. UMB Bank n.a. raised its stake in shares of ASML by 4.3% in the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock valued at $254,000 after buying an additional 13 shares during the period. Baring Financial LLC lifted its position in shares of ASML by 2.8% during the 2nd quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock valued at $409,000 after buying an additional 14 shares during the last quarter. Putney Financial Group LLC grew its stake in shares of ASML by 39.5% during the 2nd quarter. Putney Financial Group LLC now owns 53 shares of the semiconductor company’s stock worth $42,000 after acquiring an additional 15 shares during the period. Finally, Quintet Private Bank Europe S.A. increased its holdings in ASML by 4.9% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 320 shares of the semiconductor company’s stock worth $310,000 after acquiring an additional 15 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Up 0.6%

ASML stock opened at $1,072.14 on Wednesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,141.72. The stock has a market cap of $421.65 billion, a P/E ratio of 43.64, a PEG ratio of 1.65 and a beta of 1.87. The firm’s fifty day moving average price is $1,053.65 and its 200-day moving average price is $903.21.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.27 by $0.14. The company had revenue of $8.80 billion during the quarter, compared to analyst estimates of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter last year, the company earned $5.28 earnings per share. Equities research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were given a $1.857 dividend. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. This is a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is currently 25.80%.

Analysts Set New Price Targets

A number of brokerages have weighed in on ASML. Hsbc Global Res upgraded shares of ASML to a “strong-buy” rating in a research report on Monday, October 6th. Bank Degroof downgraded shares of ASML to a “hold” rating in a report on Friday, October 10th. Morningstar cut shares of ASML to a “hold” rating in a report on Thursday, September 18th. Citigroup reaffirmed a “buy” rating on shares of ASML in a report on Wednesday, December 10th. Finally, Rothschild & Co Redburn upgraded ASML from a “neutral” rating to a “buy” rating in a research note on Friday, November 7th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,171.83.

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.