Empowered Funds LLC Has $11.72 Million Stock Position in ASML Holding N.V. $ASML

Empowered Funds LLC increased its stake in ASML Holding N.V. (NASDAQ:ASML) by 33.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,629 shares of the semiconductor company’s stock after buying an additional 3,701 shares during the quarter. Empowered Funds LLC’s holdings in ASML were worth $11,724,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Princeton Global Asset Management LLC increased its stake 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 purchasing an additional 20 shares during the last quarter. Washington Trust Advisors Inc. grew its holdings in ASML by 129.4% during the second quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 22 shares during the period. Maseco LLP acquired a new position in ASML during the second quarter worth approximately $32,000. Banque Cantonale Vaudoise bought a new stake in ASML in the first quarter valued at approximately $27,000. Finally, Costello Asset Management INC lifted its position in shares of ASML by 147.1% in the second quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 25 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Citigroup reissued a “buy” rating on shares of ASML in a report on Tuesday, October 7th. Morningstar lowered shares of ASML to a “hold” rating in a research report on Thursday, September 18th. Rothschild & Co Redburn upgraded shares of ASML from a “neutral” rating to a “buy” rating in a research note on Friday, November 7th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Friday, October 10th. Finally, Barclays restated an “overweight” rating on shares of ASML in a research report on Tuesday, September 30th. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $1,076.33.

ASML Price Performance

NASDAQ:ASML opened at $1,004.06 on Wednesday. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,086.11. 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 firm’s 50-day simple moving average is $988.68 and its 200 day simple moving average is $835.38. The firm has a market cap of $394.88 billion, a price-to-earnings ratio of 40.87, a P/E/G ratio of 1.76 and a beta of 1.88.

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

ASML Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were 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 was Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio is currently 25.76%.

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.