Empirical Asset Management LLC Invests $213,000 in ASML Holding N.V. $ASML

Empirical Asset Management LLC acquired a new position in ASML Holding N.V. (NASDAQ:ASML) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 266 shares of the semiconductor company’s stock, valued at approximately $213,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ASML. GAMMA Investing LLC increased its position in ASML by 6.0% in the 1st quarter. GAMMA Investing LLC now owns 2,114 shares of the semiconductor company’s stock valued at $1,401,000 after buying an additional 119 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in ASML by 2.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company’s stock valued at $22,806,000 after buying an additional 763 shares in the last quarter. Sowell Financial Services LLC bought a new stake in ASML in the 1st quarter valued at about $633,000. Kingswood Wealth Advisors LLC increased its position in ASML by 46.7% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 1,578 shares of the semiconductor company’s stock valued at $1,050,000 after buying an additional 502 shares in the last quarter. Finally, ORG Wealth Partners LLC bought a new stake in ASML in the 1st quarter valued at about $98,000. 26.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on the company. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a research report on Thursday. Hsbc Global Res upgraded ASML to a “strong-buy” rating in a research note on Monday, October 6th. Barclays reiterated an “overweight” rating on shares of ASML in a research note on Tuesday, September 30th. New Street Research reiterated a “neutral” rating on shares of ASML in a research note on Monday, October 6th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,051.60.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,029.27 on Friday. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,059.00. The stock’s 50 day moving average price is $864.28 and its 200-day moving average price is $773.30. The company has a market capitalization of $404.79 billion, a PE ratio of 41.89, a PEG ratio of 1.70 and a beta of 1.87. The company has a quick ratio of 0.81, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, topping analysts’ consensus estimates 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 $8.71 billion for the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter in the previous year, the business earned $5.28 EPS. The company’s revenue was up .7% compared to the same quarter last year. On average, equities analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be paid a $1.857 dividend. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, October 29th. This is a boost from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio (DPR) is presently 25.56%.

About ASML

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.