ASML Holding N.V. $ASML Shares Sold by Atlatl Advisers LLC

Atlatl Advisers LLC reduced its position in ASML Holding N.V. (NASDAQ:ASML) by 6.1% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 584 shares of the semiconductor company’s stock after selling 38 shares during the quarter. Atlatl Advisers LLC’s holdings in ASML were worth $468,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Topsail Wealth Management LLC acquired a new position in ASML in the 2nd quarter valued at $236,000. Interchange Capital Partners LLC increased its stake in ASML by 60.0% in the 2nd quarter. Interchange Capital Partners LLC now owns 923 shares of the semiconductor company’s stock valued at $739,000 after buying an additional 346 shares during the period. Heirloom Wealth Management increased its stake in ASML by 0.7% in the 2nd quarter. Heirloom Wealth Management now owns 23,213 shares of the semiconductor company’s stock valued at $18,603,000 after buying an additional 171 shares during the period. Cabot Wealth Management Inc. increased its stake in ASML by 1.7% in the 2nd quarter. Cabot Wealth Management Inc. now owns 4,613 shares of the semiconductor company’s stock valued at $3,697,000 after buying an additional 77 shares during the period. Finally, Brighton Jones LLC increased its stake in ASML by 14.2% in the 2nd quarter. Brighton Jones LLC now owns 771 shares of the semiconductor company’s stock valued at $618,000 after buying an additional 96 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Erste Group Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Monday, September 22nd. New Street Research reaffirmed a “neutral” rating on shares of ASML in a research note on Monday, October 6th. UBS Group reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, October 15th. Wells Fargo & Company upped their price target on shares of ASML from $1,105.00 to $1,140.00 and gave the stock an “overweight” rating in a research note on Thursday, October 16th. Finally, Hsbc Global Res raised shares of ASML to a “strong-buy” rating in a research note on Monday, October 6th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,051.60.

ASML Price Performance

NASDAQ:ASML opened at $1,033.10 on Friday. The firm has a market cap of $406.30 billion, a price-to-earnings ratio of 42.05, a price-to-earnings-growth ratio of 1.70 and a beta of 1.87. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The company’s 50-day moving average is $892.92 and its two-hundred day moving average is $788.69. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month 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 (EPS) for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. The company had revenue of $8.71 billion for 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 firm’s quarterly revenue was up .7% on a year-over-year basis. During the same period in the prior year, the firm earned $5.28 EPS. Research analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

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