Evelyn Partners Asset Management Ltd Makes New Investment in ASML Holding N.V. $ASML

Evelyn Partners Asset Management Ltd purchased a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 7,210 shares of the semiconductor company’s stock, valued at approximately $5,778,000. ASML accounts for 1.4% of Evelyn Partners Asset Management Ltd’s holdings, making the stock its 17th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of ASML. Princeton Global Asset Management LLC lifted its stake in ASML by 153.8% in the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 20 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in shares of ASML during the 1st quarter valued at $27,000. Pin Oak Investment Advisors Inc. bought a new position in shares of ASML in the second quarter worth $30,000. Washington Trust Advisors Inc. raised its position in shares of ASML by 129.4% in the second quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock worth $31,000 after buying an additional 22 shares in the last quarter. Finally, Maseco LLP purchased a new stake in shares of ASML in the second quarter worth $32,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on ASML. Morningstar cut ASML to a “hold” rating in a research report on Thursday, September 18th. DZ Bank reissued a “neutral” rating on shares of ASML in a report on Wednesday, October 15th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Friday, October 10th. Wells Fargo & Company boosted their price target on shares of ASML from $1,105.00 to $1,140.00 and gave the stock an “overweight” rating in a research note on Thursday, October 16th. Finally, Rothschild & Co Redburn upgraded shares of ASML from a “neutral” rating to a “buy” rating in a research report on Friday, November 7th. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $1,076.33.

ASML Stock Down 1.5%

Shares of NASDAQ ASML opened at $966.57 on Friday. The stock has a market capitalization of $380.14 billion, a P/E ratio of 39.34, a PEG ratio of 1.76 and a beta of 1.88. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,086.11. The firm’s 50 day simple moving average is $1,000.20 and its two-hundred day simple moving average is $839.78. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (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 company had revenue of $8.71 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the prior year, the company earned $5.28 EPS. The firm’s revenue was up .7% on a year-over-year basis. As a group, analysts expect 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 was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were issued a $1.857 dividend. This is an increase from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is presently 25.76%.

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.