ASML Holding N.V. $ASML Shares Bought by Saturna Capital Corp

Saturna Capital Corp lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 0.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 320,967 shares of the semiconductor company’s stock after purchasing an additional 767 shares during the period. ASML accounts for about 3.5% of Saturna Capital Corp’s portfolio, making the stock its 8th largest holding. Saturna Capital Corp’s holdings in ASML were worth $257,220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in ASML. Capstone Wealth Management Group LLC increased its stake in shares of ASML by 5.2% in the 1st 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 last quarter. New York State Common Retirement Fund grew its holdings in shares of ASML by 696.0% in the first quarter. New York State Common Retirement Fund now owns 7,315 shares of the semiconductor company’s stock valued at $4,847,000 after purchasing an additional 6,396 shares during the period. Victory Capital Management Inc. increased its position in ASML by 0.4% during the first quarter. Victory Capital Management Inc. now owns 40,059 shares of the semiconductor company’s stock worth $26,544,000 after purchasing an additional 162 shares during the last quarter. Gallacher Capital Management LLC raised its stake in ASML by 3.9% during the first quarter. Gallacher Capital Management LLC now owns 456 shares of the semiconductor company’s stock worth $302,000 after purchasing an additional 17 shares during the period. Finally, PFG Advisors raised its stake in ASML by 16.5% during the first quarter. PFG Advisors now owns 806 shares of the semiconductor company’s stock worth $534,000 after purchasing an additional 114 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Down 1.6%

ASML opened at $1,004.06 on Wednesday. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,086.11. 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 business has a fifty day simple moving average of $988.68 and a 200-day simple moving average of $835.38. The firm has a market cap of $394.88 billion, a P/E ratio of 40.87, a P/E/G ratio of 1.76 and a beta of 1.88.

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

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were issued a $1.857 dividend. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is presently 25.76%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a report on Friday, October 10th. Evercore ISI reissued an “outperform” rating on shares of ASML in a research note on Thursday, October 16th. Rothschild Redb upgraded ASML from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Citigroup reiterated a “buy” rating on shares of ASML in a report on Tuesday, October 7th. Finally, Arete Research raised ASML to a “strong-buy” rating in a research report on Friday, September 12th. Four investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,076.33.

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.