ASML Holding N.V. $ASML Position Increased by Ironvine Capital Partners LLC

Ironvine Capital Partners LLC grew its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 14.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,696 shares of the semiconductor company’s stock after purchasing an additional 949 shares during the period. ASML accounts for 1.3% of Ironvine Capital Partners LLC’s portfolio, making the stock its 25th biggest position. Ironvine Capital Partners LLC’s holdings in ASML were worth $15,311,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Capstone Wealth Management Group LLC raised its stake in ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after acquiring an additional 124 shares during the period. AQR Capital Management LLC boosted its stake in ASML by 141.1% in the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after acquiring an additional 4,021 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in ASML by 153.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after acquiring an additional 10,411 shares during the period. Sivia Capital Partners LLC grew its holdings in shares of ASML by 1.3% during the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after purchasing an additional 15 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of ASML by 5.2% during the second quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock valued at $9,122,000 after purchasing an additional 559 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Down 1.8%

Shares of ASML stock opened at $1,665.14 on Wednesday. ASML Holding N.V. has a fifty-two week low of $716.20 and a fifty-two week high of $1,999.96. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09. The firm has a market cap of $654.87 billion, a price-to-earnings ratio of 51.81, a price-to-earnings-growth ratio of 0.84 and a beta of 1.79. The business has a fifty day simple moving average of $1,758.02 and a 200-day simple moving average of $1,596.40.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. The company had revenue of $10.62 billion during the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. On average, equities analysts forecast that ASML Holding N.V. will post 44.99 EPS for the current fiscal year.

ASML Cuts Dividend

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ASML shares. Royal Bank Of Canada increased their price objective on shares of ASML from $1,700.00 to $2,000.00 and gave the stock an “outperform” rating in a report on Tuesday, July 14th. Wall Street Zen lowered shares of ASML from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Wednesday, July 1st. Morningstar downgraded ASML to a “sell” rating in a research report on Wednesday, May 27th. Finally, Wells Fargo & Company increased their price objective on ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and an average target price of $1,970.33.

ASML Company Profile

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.