ASML Holding N.V. (NASDAQ:ASML) Shares Purchased by Davis R M Inc.

Davis R M Inc. boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 2.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 53,532 shares of the semiconductor company’s stock after buying an additional 1,247 shares during the period. Davis R M Inc.’s holdings in ASML were worth $35,472,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Edgewood Management LLC increased its stake in ASML by 43.1% during the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company’s stock worth $2,208,615,000 after acquiring an additional 959,696 shares during the last quarter. GAMMA Investing LLC increased its position in ASML by 70,115.5% during the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company’s stock worth $9,282,120,000 after purchasing an additional 1,398,805 shares in the last quarter. Neuberger Berman Group LLC raised its holdings in ASML by 1.4% in the fourth quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company’s stock valued at $667,155,000 after buying an additional 13,115 shares during the period. Dimensional Fund Advisors LP grew its stake in ASML by 5.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company’s stock worth $622,769,000 after buying an additional 46,028 shares during the period. Finally, Fayez Sarofim & Co increased its position in shares of ASML by 7.2% in the fourth quarter. Fayez Sarofim & Co now owns 692,152 shares of the semiconductor company’s stock worth $479,717,000 after acquiring an additional 46,397 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

ASML stock opened at $721.45 on Thursday. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The stock has a 50 day moving average of $764.09 and a 200-day moving average of $726.99. The stock has a market cap of $283.83 billion, a P/E ratio of 30.11, a price-to-earnings-growth ratio of 1.46 and a beta of 1.73. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $945.05.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing the consensus estimate of $5.94 by ($1.39). ASML had a return on equity of 49.47% and a net margin of 26.95%. The company had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.72 billion. During the same period in the previous year, the firm posted $4.01 EPS. ASML’s revenue for the quarter was up 23.2% on a year-over-year basis. On average, analysts expect that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th will be given a dividend of $1.856 per share. This is a positive change from ASML’s previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Tuesday, July 29th. ASML’s dividend payout ratio is currently 26.34%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on ASML shares. Barclays restated an “equal weight” rating on shares of ASML in a report on Tuesday, June 3rd. Citigroup restated a “buy” rating on shares of ASML in a research note on Monday, May 19th. Susquehanna lowered their target price on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. Sanford C. Bernstein began coverage on ASML in a report on Tuesday, June 17th. They set a “market perform” rating and a $806.00 target price on the stock. Finally, DZ Bank cut ASML from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 16th. Seven research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average target price of $923.80.

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.