RD Lewis Holdings Inc. acquired a new position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 782 shares of the semiconductor company’s stock, valued at approximately $627,000.
Other hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. grew its stake in ASML by 26.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock worth $631,079,000 after purchasing an additional 199,740 shares in the last quarter. Dimensional Fund Advisors LP raised its position in ASML by 0.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company’s stock valued at $600,175,000 after purchasing an additional 7,164 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of ASML by 5.2% in the 2nd quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock valued at $611,933,000 after buying an additional 37,994 shares during the period. Invesco Ltd. boosted its stake in shares of ASML by 101.0% in the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock valued at $484,562,000 after buying an additional 367,505 shares during the period. Finally, Fayez Sarofim & Co grew its position in shares of ASML by 2.7% during the first quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company’s stock worth $470,910,000 after buying an additional 18,516 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on ASML. Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research report on Thursday, October 16th. Morgan Stanley raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 22nd. UBS Group reiterated a “buy” rating on shares of ASML in a research note on Monday, November 17th. Finally, Wells Fargo & Company raised their price target on ASML from $1,105.00 to $1,140.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Four research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,076.33.
ASML Trading Down 1.5%
Shares of ASML stock opened at $966.57 on Friday. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The company has a fifty day simple moving average of $1,000.20 and a 200-day simple moving average of $839.78. The stock has a market cap of $380.14 billion, a price-to-earnings ratio of 39.34, a PEG ratio of 1.76 and a beta of 1.88. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,086.11.
ASML (NASDAQ:ASML – Get Free Report) last announced its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $8.99 billion. During the same period last year, the business earned $5.28 EPS. ASML’s revenue for the quarter was up .7% compared to the same quarter last year. On average, equities analysts forecast 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 was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were issued a $1.857 dividend. This represents a $7.43 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, October 29th. This is an increase from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio (DPR) is presently 25.76%.
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.
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