ASML Holding N.V. $ASML Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. increased its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 14.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 453 shares of the semiconductor company’s stock after purchasing an additional 56 shares during the period. Harbour Investments Inc.’s holdings in ASML were worth $363,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. GAMMA Investing LLC raised its holdings in ASML by 6.0% in the first quarter. GAMMA Investing LLC now owns 2,114 shares of the semiconductor company’s stock valued at $1,401,000 after acquiring an additional 119 shares in the last quarter. Nilsine Partners LLC increased its holdings in shares of ASML by 2.6% in the 1st quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company’s stock valued at $418,000 after acquiring an additional 16 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in shares of ASML by 7.7% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 19,601 shares of the semiconductor company’s stock valued at $12,988,000 after acquiring an additional 1,394 shares during the period. Hudson Value Partners LLC increased its holdings in shares of ASML by 10.0% in the 1st quarter. Hudson Value Partners LLC now owns 5,623 shares of the semiconductor company’s stock valued at $3,726,000 after acquiring an additional 511 shares during the period. Finally, TrueMark Investments LLC acquired a new position in shares of ASML in the 1st quarter valued at $1,948,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of ASML in a research report on Wednesday, October 8th. UBS Group restated a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. Citigroup restated a “buy” rating on shares of ASML in a research report on Tuesday, October 7th. Wells Fargo & Company boosted their target price on shares of ASML from $1,105.00 to $1,140.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Evercore ISI reiterated an “outperform” rating on shares of ASML in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,051.60.

ASML Price Performance

ASML stock opened at $1,042.15 on Tuesday. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,059.00. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm’s 50-day simple moving average is $870.70 and its 200 day simple moving average is $778.13. 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.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, beating the consensus estimate of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The firm had revenue of $8.71 billion during the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter in the previous year, the company posted $5.28 EPS. The firm’s revenue for the quarter was up .7% on a year-over-year basis. On average, equities research analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Wednesday, October 29th will be paid a $1.857 dividend. This represents a $7.43 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio is presently 25.56%.

ASML 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.