Roffman Miller Associates Inc. PA decreased its position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 3.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,045 shares of the semiconductor company’s stock after selling 1,033 shares during the period. ASML comprises approximately 3.0% of Roffman Miller Associates Inc. PA’s holdings, making the stock its 9th biggest holding. Roffman Miller Associates Inc. PA’s holdings in ASML were worth $57,783,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership grew its stake in shares of ASML by 195.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock valued at $1,652,618,000 after acquiring an additional 1,022,532 shares in the last quarter. Sei Investments Co. lifted its stake in shares of ASML by 223.7% in the first quarter. Sei Investments Co. now owns 287,225 shares of the semiconductor company’s stock worth $379,368,000 after acquiring an additional 198,505 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in ASML by 14.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after purchasing an additional 193,068 shares during the last quarter. Invesco Ltd. grew its stake in ASML by 21.3% during the 3rd quarter. Invesco Ltd. now owns 849,602 shares of the semiconductor company’s stock valued at $822,492,000 after purchasing an additional 148,948 shares in the last quarter. Finally, Sands Capital Management LLC raised its position in shares of ASML by 26.6% in the 4th quarter. Sands Capital Management LLC now owns 669,985 shares of the semiconductor company’s stock valued at $716,790,000 after purchasing an additional 140,821 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the company. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research note on Friday, May 8th. Morningstar lowered shares of ASML to a “sell” rating in a research note on Wednesday, May 27th. Argus set a $2,100.00 price target on shares of ASML in a report on Thursday, July 16th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a report on Tuesday, June 30th. Finally, Citigroup reiterated a “buy” rating on shares of ASML in a research report on Friday, July 17th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus target price of $1,970.33.
ASML Price Performance
Shares of NASDAQ:ASML opened at $1,696.16 on Friday. The company has a market cap of $667.07 billion, a PE ratio of 52.77, a P/E/G ratio of 0.86 and a beta of 1.79. ASML Holding N.V. has a fifty-two week low of $716.20 and a fifty-two week high of $1,999.96. The firm has a 50-day simple moving average of $1,764.95 and a 200 day simple moving average of $1,591.65. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09.
ASML (NASDAQ:ASML – Get Free Report) last issued its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The firm had revenue of $10.62 billion for the quarter. On average, sell-side analysts anticipate that ASML Holding N.V. will post 44.92 EPS for the current year.
ASML Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were given a dividend of $2.1507 per share. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, July 28th. ASML’s dividend payout ratio is presently 22.62%.
ASML Profile
ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.
ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.
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