ASML Holding N.V. $ASML Holdings Cut by Pittenger & Anderson Inc.

Pittenger & Anderson Inc. lowered its holdings in ASML Holding N.V. (NASDAQ:ASML) by 0.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,537 shares of the semiconductor company’s stock after selling 137 shares during the period. Pittenger & Anderson Inc.’s holdings in ASML were worth $14,054,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Goldman Sachs Group Inc. lifted its holdings in ASML by 26.5% in the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock worth $631,079,000 after acquiring an additional 199,740 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in ASML by 0.8% in the first quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company’s stock worth $600,175,000 after acquiring an additional 7,164 shares during the last quarter. Invesco Ltd. lifted its holdings in ASML by 101.0% in the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock worth $484,562,000 after acquiring an additional 367,505 shares during the last quarter. Fayez Sarofim & Co lifted its holdings in ASML by 2.7% in the first quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company’s stock worth $470,910,000 after acquiring an additional 18,516 shares during the last quarter. Finally, First Manhattan CO. LLC. lifted its holdings in ASML by 61.0% in the first quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock worth $469,183,000 after acquiring an additional 268,172 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

NASDAQ ASML opened at $1,042.15 on Tuesday. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,059.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The firm has a market capitalization of $409.86 billion, a PE ratio of 42.42, a P/E/G ratio of 1.70 and a beta of 1.87. The company’s 50 day simple moving average is $870.70 and its 200 day simple moving average is $778.13.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The business had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same quarter last year, the business earned $5.28 earnings per share. The business’s revenue for the quarter was up .7% on a year-over-year basis. As a group, equities research analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Wednesday, October 29th will be paid a dividend of $1.857 per share. This is a boost from ASML’s previous quarterly dividend of $1.86. 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. ASML’s dividend payout ratio (DPR) is 25.56%.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of recent research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of ASML in a report on Wednesday, October 8th. Wells Fargo & Company lifted their price target on ASML from $1,105.00 to $1,140.00 and gave the company an “overweight” rating in a report on Thursday. Mizuho raised ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Susquehanna lifted their price target on ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a report on Friday, October 10th. Finally, Morningstar cut ASML to a “hold” rating in a report on Thursday, September 18th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $1,051.60.

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.