295 Shares in ASML Holding N.V. $ASML Acquired by Topsail Wealth Management LLC

Topsail Wealth Management LLC bought a new position in shares of ASML Holding N.V. (NASDAQ:ASML) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 295 shares of the semiconductor company’s stock, valued at approximately $236,000.

A number of other institutional investors have also made changes to their positions in ASML. Princeton Global Asset Management LLC increased its holdings in shares of ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 20 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in shares of ASML during the 1st quarter worth approximately $27,000. Washington Trust Advisors Inc. increased its holdings in shares of ASML by 129.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock worth $31,000 after acquiring an additional 22 shares during the last quarter. Maseco LLP acquired a new position in shares of ASML during the 2nd quarter worth approximately $32,000. Finally, Knuff & Co LLC acquired a new position in shares of ASML during the 1st quarter worth approximately $33,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Performance

NASDAQ:ASML opened at $1,033.10 on Friday. The stock has a fifty day moving average price of $892.92 and a 200-day moving average price of $788.69. The company has a market cap of $406.30 billion, a price-to-earnings ratio of 42.05, a PEG ratio of 1.70 and a beta of 1.87. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,059.00.

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

ASML Increases Dividend

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

Analyst Upgrades and Downgrades

ASML has been the subject of several recent research reports. Sanford C. Bernstein restated a “neutral” rating on shares of ASML in a research note on Friday, October 17th. Evercore ISI restated an “outperform” rating on shares of ASML in a research note on Thursday, October 16th. New Street Research restated a “neutral” rating on shares of ASML in a research note on Monday, October 6th. HSBC restated a “buy” rating on shares of ASML in a research note on Friday, October 17th. Finally, Morningstar downgraded ASML to a “hold” rating in a research note on Thursday, September 18th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $1,051.60.

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.