ASML Holding N.V. $ASML Shares Sold by Pittenger & Anderson Inc.

Pittenger & Anderson Inc. decreased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 0.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 17,537 shares of the semiconductor company’s stock after selling 137 shares during the quarter. Pittenger & Anderson Inc.’s holdings in ASML were worth $14,054,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Princeton Global Asset Management LLC grew its position in ASML by 153.8% in the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after buying an additional 20 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in ASML in the first quarter worth approximately $27,000. Maseco LLP acquired a new position in ASML in the second quarter worth approximately $32,000. Knuff & Co LLC acquired a new position in ASML in the first quarter worth approximately $33,000. Finally, Costello Asset Management INC grew its position in ASML by 147.1% in the second quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock worth $34,000 after buying an additional 25 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Barclays restated an “overweight” rating on shares of ASML in a research report on Tuesday, September 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Thursday, October 16th. Sanford C. Bernstein reiterated a “neutral” rating on shares of ASML in a research report on Friday. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Thursday, October 16th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and an average target price of $1,051.60.

ASML Trading Up 1.3%

NASDAQ ASML opened at $1,042.15 on Tuesday. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,059.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The stock has a market cap of $409.86 billion, a price-to-earnings ratio of 42.42, a PEG ratio of 1.70 and a beta of 1.87. The firm’s 50 day moving average price is $870.70 and its two-hundred day moving average price is $778.13.

ASML (NASDAQ:ASML) last issued its earnings results 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. The company had revenue of $8.71 billion during the quarter, compared to analyst estimates of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter last year, the business posted $5.28 EPS. Equities analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th will be paid a dividend of $1.857 per share. This is an increase from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend is Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. ASML’s dividend payout ratio (DPR) is 25.56%.

ASML Company 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.