ASML Holding N.V. $ASML Holdings Raised by Ironvine Capital Partners LLC

Ironvine Capital Partners LLC raised its stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 14.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 7,696 shares of the semiconductor company’s stock after purchasing an additional 949 shares during the period. ASML accounts for about 1.3% of Ironvine Capital Partners LLC’s holdings, making the stock its 25th biggest position. Ironvine Capital Partners LLC’s holdings in ASML were worth $15,311,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of ASML. Bedel Financial Consulting Inc. bought a new stake in shares of ASML in the 2nd quarter valued at approximately $275,000. Requisite Capital Management LLC bought a new position in ASML during the second quarter valued at approximately $408,000. Midwest Professional Planners LTD. raised its position in ASML by 55.5% during the second quarter. Midwest Professional Planners LTD. now owns 2,051 shares of the semiconductor company’s stock valued at $4,080,000 after acquiring an additional 732 shares in the last quarter. Triumph Capital Management lifted its stake in ASML by 23.5% in the second quarter. Triumph Capital Management now owns 63 shares of the semiconductor company’s stock valued at $126,000 after acquiring an additional 12 shares during the last quarter. Finally, Teza Capital Management LLC acquired a new stake in ASML in the second quarter valued at approximately $426,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

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ASML Stock Performance

Shares of NASDAQ:ASML opened at $1,665.14 on Wednesday. ASML Holding N.V. has a twelve month low of $716.20 and a twelve month high of $1,999.96. The firm has a market cap of $654.87 billion, a PE ratio of 51.81, a price-to-earnings-growth ratio of 0.84 and a beta of 1.79. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. The business has a fifty day moving average of $1,758.02 and a 200-day moving average of $1,596.40.

ASML (NASDAQ:ASML – Get Free Report) last posted its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. The firm had revenue of $10.62 billion during the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. On average, equities research analysts predict that ASML Holding N.V. will post 44.99 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were paid a dividend of $2.1507 per share. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. ASML’s payout ratio is 22.62%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on ASML shares. Sanford C. Bernstein boosted their price target on ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Berenberg Bank restated a “buy” rating on shares of ASML in a research note on Friday, May 8th. DZ Bank upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Argus set a $2,100.00 target price on shares of ASML in a report on Thursday, July 16th. Finally, Bank of America boosted their target price on shares of ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Four analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,970.33.

Read Our Latest Research Report on ASML

ASML Profile

(Free Report)

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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