Zevin Asset Management LLC raised its position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 0.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,330 shares of the semiconductor company’s stock after acquiring an additional 132 shares during the period. ASML makes up approximately 1.9% of Zevin Asset Management LLC’s investment portfolio, making the stock its 23rd largest position. Zevin Asset Management LLC’s holdings in ASML were worth $13,087,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Savant Capital LLC lifted its holdings in ASML by 30.2% during the 2nd quarter. Savant Capital LLC now owns 1,539 shares of the semiconductor company’s stock worth $1,233,000 after purchasing an additional 357 shares during the last quarter. Modera Wealth Management LLC increased its position in ASML by 4.2% during the 2nd quarter. Modera Wealth Management LLC now owns 11,211 shares of the semiconductor company’s stock worth $8,985,000 after buying an additional 448 shares during the period. Soltis Investment Advisors LLC lifted its holdings in shares of ASML by 67.9% during the second quarter. Soltis Investment Advisors LLC now owns 4,199 shares of the semiconductor company’s stock worth $3,365,000 after buying an additional 1,698 shares in the last quarter. Cetera Trust Company N.A boosted its position in shares of ASML by 8.7% in the second quarter. Cetera Trust Company N.A now owns 535 shares of the semiconductor company’s stock valued at $429,000 after acquiring an additional 43 shares during the period. Finally, Golden State Wealth Management LLC grew its stake in shares of ASML by 16.2% in the second quarter. Golden State Wealth Management LLC now owns 122 shares of the semiconductor company’s stock valued at $98,000 after acquiring an additional 17 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.
Analyst Ratings Changes
Several analysts have weighed in on the stock. Mizuho upgraded shares of ASML from a “neutral” rating to an “outperform” rating in a research note on Monday, September 29th. Citigroup reaffirmed a “buy” rating on shares of ASML in a report on Tuesday, October 7th. Erste Group Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Monday, September 22nd. Susquehanna raised their price objective on ASML from $965.00 to $1,150.00 and gave the stock a “positive” rating in a research note on Friday, October 10th. Finally, Wells Fargo & Company lifted their price objective on ASML from $1,105.00 to $1,140.00 and gave the company an “overweight” rating in a report on Thursday, October 16th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average target price of $1,051.60.
ASML Stock Up 0.3%
NASDAQ ASML opened at $1,031.97 on Friday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,086.11. The business has a fifty day moving average price of $947.04 and a two-hundred day moving average price of $813.16. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The stock has a market capitalization of $405.86 billion, a PE ratio of 41.97, a PEG ratio of 1.76 and a beta of 1.88.
ASML (NASDAQ:ASML – Get Free Report) last posted its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. The company had revenue of $8.71 billion during the quarter, compared to analysts’ expectations of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.ASML’s revenue was up .7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.28 EPS. Equities analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.
ASML Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were paid a $1.857 dividend. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Wednesday, October 29th. This is an increase from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio is 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.
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