Keybank National Association OH Raises Position in ASML Holding N.V. $ASML

Keybank National Association OH raised its holdings in ASML Holding N.V. (NASDAQ:ASML) by 808.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,686 shares of the semiconductor company’s stock after purchasing an additional 37,095 shares during the quarter. Keybank National Association OH’s holdings in ASML were worth $33,407,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in ASML. Princeton Global Asset Management LLC boosted its stake in shares of ASML by 153.8% in the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 20 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in shares of ASML during the 1st quarter worth $27,000. Washington Trust Advisors Inc. boosted its position 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 purchasing an additional 22 shares in the last quarter. Maseco LLP purchased a new stake in shares of ASML during the 2nd quarter worth $32,000. Finally, Knuff & Co LLC purchased a new stake in shares of ASML during the 1st quarter worth $33,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on ASML shares. Wells Fargo & Company boosted their price target on ASML from $1,105.00 to $1,140.00 and gave the stock an “overweight” rating in a research note on Thursday, October 16th. Evercore ISI reiterated an “outperform” rating on shares of ASML in a research report on Thursday, October 16th. HSBC reiterated a “buy” rating on shares of ASML in a research report on Friday, October 17th. Mizuho upgraded shares of ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, September 29th. Finally, New Street Research reiterated a “neutral” rating on shares of ASML in a research report on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,051.60.

ASML Trading Up 0.4%

Shares of ASML stock opened at $1,075.45 on Friday. The firm has a 50-day moving average price of $918.58 and a 200 day moving average price of $799.57. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,086.11. The company has a market capitalization of $422.95 billion, a price-to-earnings ratio of 43.77, a PEG ratio of 1.76 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.

ASML (NASDAQ:ASML) last posted its quarterly earnings data 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 business 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 was up .7% on a year-over-year basis. During the same quarter in the previous year, the business posted $5.28 earnings per share. Research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Wednesday, October 29th will be paid a $1.857 dividend. The ex-dividend date is Wednesday, October 29th. This is an increase from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 annualized dividend and a yield of 0.7%. ASML’s payout ratio is currently 25.68%.

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.