Davis R M Inc. Buys 872 Shares of ASML Holding N.V. $ASML

Davis R M Inc. increased its stake in ASML Holding N.V. (NASDAQ:ASML) by 1.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,404 shares of the semiconductor company’s stock after buying an additional 872 shares during the quarter. Davis R M Inc.’s holdings in ASML were worth $43,599,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Fidelis Capital Partners LLC grew its position in shares of ASML by 30.2% in the 2nd quarter. Fidelis Capital Partners LLC now owns 1,250 shares of the semiconductor company’s stock valued at $1,002,000 after acquiring an additional 290 shares during the period. ProShare Advisors LLC raised its holdings in shares of ASML by 1.1% in the 2nd quarter. ProShare Advisors LLC now owns 119,080 shares of the semiconductor company’s stock valued at $95,430,000 after purchasing an additional 1,322 shares during the period. Profund Advisors LLC lifted its stake in ASML by 9.9% in the 2nd quarter. Profund Advisors LLC now owns 7,459 shares of the semiconductor company’s stock valued at $5,978,000 after purchasing an additional 670 shares during the last quarter. Roberts Glore & Co. Inc. IL grew its holdings in ASML by 27.4% during the second quarter. Roberts Glore & Co. Inc. IL now owns 2,244 shares of the semiconductor company’s stock worth $1,798,000 after purchasing an additional 482 shares during the period. Finally, PFG Advisors increased its position in ASML by 69.7% during the second quarter. PFG Advisors now owns 1,368 shares of the semiconductor company’s stock worth $1,097,000 after buying an additional 562 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently issued reports on ASML. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Monday, October 13th. New Street Research reaffirmed a “neutral” rating on shares of ASML in a report on Monday, October 6th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of ASML in a research report on Wednesday, October 29th. Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Finally, Barclays reaffirmed an “overweight” rating on shares of ASML in a report on Tuesday, September 30th. Four investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $1,076.33.

ASML Stock Down 1.2%

ASML opened at $1,016.96 on Monday. The stock has a fifty day moving average of $952.53 and a 200-day moving average of $818.25. The company has a market capitalization of $399.95 billion, a P/E ratio of 41.39, a P/E/G ratio of 1.76 and a beta of 1.88. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two 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.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating the consensus estimate of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The business had revenue of $8.71 billion for the quarter, compared to the consensus estimate of $8.99 billion. During the same period in the prior year, the company posted $5.28 earnings per share. ASML’s revenue was up .7% compared to the same quarter last year. On average, equities analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were given a $1.857 dividend. The ex-dividend date was Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. ASML’s dividend payout ratio (DPR) is presently 25.76%.

About ASML

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.