Trivium Point Advisory LLC Increases Stock Holdings in ASML Holding N.V. $ASML

Trivium Point Advisory LLC boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 23.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,582 shares of the semiconductor company’s stock after purchasing an additional 304 shares during the quarter. Trivium Point Advisory LLC’s holdings in ASML were worth $3,147,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Boston Common Asset Management LLC acquired a new stake in shares of ASML in the first quarter worth approximately $4,355,000. Cambridge Investment Research Advisors Inc. increased its position in ASML by 3.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock worth $24,036,000 after purchasing an additional 760 shares during the last quarter. Keudell Morrison Wealth Management acquired a new position in ASML during the fourth quarter worth approximately $1,402,000. Keybank National Association OH raised its stake in ASML by 21.3% during the fourth quarter. Keybank National Association OH now owns 65,354 shares of the semiconductor company’s stock worth $69,920,000 after purchasing an additional 11,459 shares during the period. Finally, Robertson Stephens Wealth Management LLC boosted its holdings in shares of ASML by 507.0% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 2,695 shares of the semiconductor company’s stock valued at $2,883,000 after purchasing an additional 2,251 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Up 2.1%

NASDAQ ASML opened at $1,883.12 on Tuesday. The stock has a market cap of $740.59 billion, a P/E ratio of 58.59, a PEG ratio of 0.92 and a beta of 1.79. The company’s fifty day simple moving average is $1,784.33 and its 200-day simple moving average is $1,571.25. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a 52 week low of $716.20 and a 52 week high of $1,999.96.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The business had revenue of $10.64 billion during the quarter. Equities research analysts predict that ASML Holding N.V. will post 44.85 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were given a dividend of $2.1507 per share. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s payout ratio is presently 22.62%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. UBS Group restated a “buy” rating on shares of ASML in a report on Wednesday, July 1st. JPMorgan Chase & Co. upped their price target on ASML from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Zacks Research downgraded ASML from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Citigroup restated a “buy” rating on shares of ASML in a report on Friday, July 17th. Finally, Bank of America lifted their price objective on ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,970.33.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.