William John Sempolinski bought a new stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 710 shares of the semiconductor company’s stock, valued at approximately $1,413,000.
Several other institutional investors have also recently bought and sold shares of ASML. Cornerstone Financial Management LLC acquired a new stake in ASML in the fourth quarter valued at approximately $26,000. Binnacle Investments Inc increased its holdings in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares in the last quarter. Resources Management Corp CT ADV lifted its stake in shares of ASML by 1,150.0% in the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 23 shares during the last quarter. Field & Main Bank bought a new position in shares of ASML in the 2nd quarter valued at $30,000. Finally, Jessup Wealth Management Inc acquired a new stake in shares of ASML during the 4th quarter valued at $30,000. Institutional investors and hedge funds own 26.07% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on ASML. Morgan Stanley restated an “overweight” rating on shares of ASML in a research report on Tuesday, July 7th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a report on Monday, June 1st. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Friday, July 17th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a report on Friday, July 10th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,970.33.
ASML Trading Up 4.2%
NASDAQ ASML opened at $1,714.88 on Friday. The firm has a market capitalization of $674.43 billion, a PE ratio of 53.36, a price-to-earnings-growth ratio of 0.81 and a beta of 1.79. The business’s 50-day moving average price is $1,751.00 and its two-hundred day moving average price is $1,600.83. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a 12 month low of $766.24 and a 12 month high of $1,999.96.
ASML (NASDAQ:ASML – Get Free Report) last issued its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The company had revenue of $10.62 billion during the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. On average, analysts expect that ASML Holding N.V. will post 44.99 EPS for the current year.
ASML Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were given a dividend of $2.1507 per share. This represents a $8.60 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s dividend payout ratio is currently 22.62%.
ASML Profile
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.
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