513 Shares in ASML Holding N.V. $ASML Acquired by Balentine LLC

Balentine LLC purchased a new position in shares of ASML Holding N.V. (NASDAQ:ASML) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 513 shares of the semiconductor company’s stock, valued at approximately $411,000.

A number of other institutional investors and hedge funds have also bought and sold shares of ASML. Allspring Global Investments Holdings LLC raised its position in ASML by 131.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 16,442 shares of the semiconductor company’s stock valued at $10,972,000 after purchasing an additional 9,340 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in ASML by 19.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 15,135 shares of the semiconductor company’s stock valued at $10,029,000 after purchasing an additional 2,454 shares in the last quarter. Mather Group LLC. raised its position in ASML by 4.1% during the 1st quarter. Mather Group LLC. now owns 429 shares of the semiconductor company’s stock valued at $285,000 after purchasing an additional 17 shares in the last quarter. DAVENPORT & Co LLC raised its position in ASML by 124.7% during the 1st quarter. DAVENPORT & Co LLC now owns 5,203 shares of the semiconductor company’s stock valued at $3,448,000 after purchasing an additional 2,887 shares in the last quarter. Finally, Rossby Financial LCC bought a new stake in ASML during the 1st quarter valued at $136,000. 26.07% of the stock is owned by institutional investors.

ASML Trading Down 1.5%

ASML opened at $1,059.23 on Friday. The firm has a market cap of $416.58 billion, a price-to-earnings ratio of 43.11, a PEG ratio of 1.76 and a beta of 1.87. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,086.11. The stock has a fifty day moving average price of $924.66 and a 200-day moving average price of $802.25.

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

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Wednesday, October 29th will be paid a dividend of $1.857 per share. This is a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date is Wednesday, October 29th. This represents a $7.43 annualized dividend and a yield of 0.7%. ASML’s dividend payout ratio (DPR) is presently 25.76%.

Analyst Ratings Changes

ASML has been the subject of a number of research analyst reports. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, October 16th. Mizuho raised ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, September 29th. Zacks Research raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. DZ Bank reissued a “neutral” rating on shares of ASML in a research report on Wednesday, October 15th. Finally, Bank Degroof lowered ASML to a “hold” rating in a research report on Friday, October 10th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,051.60.

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.