Fulton Breakefield Broenniman LLC Acquires 963 Shares of ASML Holding N.V. $ASML

Fulton Breakefield Broenniman LLC grew its holdings in ASML Holding N.V. (NASDAQ:ASML) by 6.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 15,547 shares of the semiconductor company’s stock after buying an additional 963 shares during the quarter. ASML comprises approximately 1.8% of Fulton Breakefield Broenniman LLC’s holdings, making the stock its 12th largest holding. Fulton Breakefield Broenniman LLC’s holdings in ASML were worth $30,929,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of ASML. BIP Wealth LLC raised its stake in ASML by 12.5% in the second quarter. BIP Wealth LLC now owns 1,088 shares of the semiconductor company’s stock worth $2,165,000 after buying an additional 121 shares in the last quarter. Compound Global Advisors LLC bought a new stake in ASML during the 2nd quarter valued at $99,000. Sage Rhino Capital LLC increased its holdings in shares of ASML by 0.8% in the 2nd quarter. Sage Rhino Capital LLC now owns 1,398 shares of the semiconductor company’s stock valued at $2,781,000 after acquiring an additional 11 shares during the period. Strategic Financial Partners Ltd. purchased a new position in shares of ASML in the 2nd quarter valued at $275,000. Finally, Pinnacle Associates Ltd. raised its position in shares of ASML by 3.5% in the 2nd quarter. Pinnacle Associates Ltd. now owns 3,198 shares of the semiconductor company’s stock worth $6,362,000 after acquiring an additional 107 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $1,844.45 on Friday. ASML Holding N.V. has a 12-month low of $716.20 and a 12-month high of $1,999.96. The business’s fifty day simple moving average is $1,781.65 and its 200-day simple moving average is $1,567.15. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. The company has a market cap of $725.39 billion, a PE ratio of 57.39, a PEG ratio of 0.92 and a beta of 1.79.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The firm had revenue of $10.64 billion during the quarter. Analysts expect that ASML Holding N.V. will post 44.85 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were issued a $2.1507 dividend. This represents a $8.60 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s dividend payout ratio (DPR) is currently 22.62%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ASML. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research note on Friday, July 10th. Argus set a $2,100.00 target price on ASML in a research note on Thursday, July 16th. Bank of America boosted their target price on shares of ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. Wells Fargo & Company increased their price target on shares of ASML from $2,200.00 to $2,500.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Finally, Morningstar cut shares of ASML to a “sell” rating in a report on Wednesday, May 27th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,970.33.

ASML Company 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.