Walter Public Investments Inc. trimmed its stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 12.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,311 shares of the semiconductor company’s stock after selling 1,660 shares during the quarter. ASML comprises 5.4% of Walter Public Investments Inc.’s portfolio, making the stock its 3rd largest position. Walter Public Investments Inc.’s holdings in ASML were worth $22,503,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also made changes to their positions in ASML. Fisher Asset Management LLC grew its stake in ASML by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after buying an additional 132,353 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in ASML by 6.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock valued at $2,168,227,000 after buying an additional 96,860 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of ASML by 1.2% during the first quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company’s stock valued at $2,060,833,000 after acquiring an additional 19,051 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of ASML by 14.5% during 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 acquiring an additional 193,068 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of ASML by 1.8% during the first quarter. Dimensional Fund Advisors LP now owns 1,033,583 shares of the semiconductor company’s stock worth $1,364,963,000 after acquiring an additional 18,768 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on ASML. DZ Bank raised shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Berenberg Bank reissued a “buy” rating on shares of ASML in a research note on Friday, May 8th. Argus set a $2,100.00 target price on shares of ASML in a research report on Thursday, July 16th. Bank of America raised their price target on shares of ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a report on Friday, July 10th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,970.33.
ASML Trading Up 0.0%
Shares of ASML stock opened at $1,844.45 on Monday. The stock has a 50-day simple moving average of $1,781.65 and a 200 day simple moving average of $1,568.23. ASML Holding N.V. has a fifty-two week low of $716.20 and a fifty-two week high of $1,999.96. The stock has a market capitalization of $725.39 billion, a P/E ratio of 57.39, a P/E/G ratio of 0.92 and a beta of 1.79. 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 quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 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 $10.64 billion for the quarter. On average, sell-side analysts expect that ASML Holding N.V. will post 44.85 earnings per share for the current fiscal year.
ASML Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were paid a $2.1507 dividend. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. ASML’s payout ratio is currently 22.62%.
ASML Company 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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