Bailard Inc. boosted its stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 12.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,489 shares of the semiconductor company’s stock after buying an additional 807 shares during the quarter. Bailard Inc.’s holdings in ASML were worth $6,002,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Capstone Wealth Management Group LLC lifted its stake in ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after purchasing an additional 124 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of ASML by 17.7% in the 1st quarter. Principal Financial Group Inc. now owns 11,802 shares of the semiconductor company’s stock valued at $7,820,000 after buying an additional 1,777 shares during the period. New York State Common Retirement Fund lifted its stake in ASML by 696.0% during the 1st quarter. New York State Common Retirement Fund now owns 7,315 shares of the semiconductor company’s stock worth $4,847,000 after acquiring an additional 6,396 shares in the last quarter. Stephens Inc. AR boosted its holdings in ASML by 53.4% during the 1st quarter. Stephens Inc. AR now owns 2,760 shares of the semiconductor company’s stock valued at $1,829,000 after acquiring an additional 961 shares during the period. Finally, CWM LLC boosted its holdings in ASML by 9.3% during the 1st quarter. CWM LLC now owns 4,348 shares of the semiconductor company’s stock valued at $2,881,000 after acquiring an additional 369 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on ASML. Hsbc Global Res raised shares of ASML to a “strong-buy” rating in a research report on Monday, October 6th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a report on Wednesday, October 15th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research note on Friday, October 10th. Erste Group Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Monday, September 22nd. Finally, Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. Four research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average price target of $1,076.33.
ASML Stock Performance
NASDAQ ASML opened at $1,022.42 on Wednesday. The company has a fifty day moving average of $964.38 and a two-hundred day moving average of $823.24. The company has a market capitalization of $402.10 billion, a PE ratio of 41.61, a P/E/G ratio of 1.76 and a beta of 1.88. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,086.11. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70.
ASML (NASDAQ:ASML – Get Free Report) last issued its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm had revenue of $8.71 billion for the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the previous year, the firm posted $5.28 EPS. The firm’s revenue for the quarter was up .7% on a year-over-year basis. As a group, analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current year.
ASML Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were given a $1.857 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. ASML’s payout ratio is 25.76%.
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.
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