ASML Holding (NASDAQ:ASML) Stock Holdings Lifted by PFG Investments LLC

PFG Investments LLC lifted its position in ASML Holding (NASDAQ:ASML) by 45.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,806 shares of the semiconductor company’s stock after acquiring an additional 879 shares during the period. PFG Investments LLC’s holdings in ASML were worth $2,870,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Fisher Asset Management LLC grew its holdings in shares of ASML by 2.0% during the 4th quarter. Fisher Asset Management LLC now owns 4,967,958 shares of the semiconductor company’s stock valued at $3,760,348,000 after acquiring an additional 95,795 shares in the last quarter. Jennison Associates LLC increased its position in ASML by 50.0% in the 1st quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock worth $1,668,386,000 after purchasing an additional 572,996 shares during the last quarter. GQG Partners LLC lifted its holdings in shares of ASML by 21.6% during the 1st quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock valued at $1,608,921,000 after buying an additional 294,784 shares during the last quarter. Sands Capital Management LLC increased its holdings in ASML by 8.1% in the fourth quarter. Sands Capital Management LLC now owns 1,617,083 shares of the semiconductor company’s stock worth $1,224,002,000 after buying an additional 121,847 shares during the last quarter. Finally, Van ECK Associates Corp raised its position in ASML by 15.4% during the second quarter. Van ECK Associates Corp now owns 1,282,396 shares of the semiconductor company’s stock valued at $1,311,545,000 after acquiring an additional 170,992 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Down 5.4 %

Shares of ASML stock opened at $752.79 on Monday. The stock has a market cap of $297.04 billion, a P/E ratio of 38.45, a price-to-earnings-growth ratio of 1.59 and a beta of 1.49. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.52 and a quick ratio of 0.84. The stock has a fifty day moving average price of $925.80 and a 200 day moving average price of $951.10. ASML Holding has a one year low of $563.99 and a one year high of $1,110.09.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share for the quarter, topping the consensus estimate of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The business had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. During the same quarter in the prior year, the firm earned $5.37 EPS. The firm’s quarterly revenue was down 9.5% compared to the same quarter last year. Analysts predict that ASML Holding will post 20.37 earnings per share for the current year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were issued a $1.8732 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 annualized dividend and a yield of 1.00%. The ex-dividend date was Monday, July 29th. ASML’s dividend payout ratio is currently 28.55%.

Analysts Set New Price Targets

Several research analysts have recently commented on ASML shares. UBS Group lowered shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Susquehanna boosted their price target on ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research report on Thursday, July 11th. Wells Fargo & Company increased their price objective on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. JPMorgan Chase & Co. upped their target price on ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research report on Thursday, July 18th. Finally, Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Three research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,147.80.

ASML Company 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.