M&T Bank Corp Purchases 516 Shares of ASML Holding N.V. $ASML

M&T Bank Corp grew its position in ASML Holding N.V. (NASDAQ:ASML) by 3.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 17,682 shares of the semiconductor company’s stock after buying an additional 516 shares during the period. M&T Bank Corp’s holdings in ASML were worth $14,170,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. UMB Bank n.a. raised its holdings in ASML by 4.3% during the 2nd quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock worth $254,000 after purchasing an additional 13 shares during the last quarter. Rossmore Private Capital grew its holdings in ASML by 0.3% during the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock worth $2,880,000 after acquiring an additional 14 shares during the period. Baring Financial LLC increased its holdings in ASML by 2.8% in the second quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock valued at $409,000 after purchasing an additional 14 shares during the last quarter. Manchester Capital Management LLC boosted its holdings in ASML by 15.2% during the first quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company’s stock worth $76,000 after buying an additional 15 shares during the last quarter. Finally, Putney Financial Group LLC grew its position in shares of ASML by 39.5% during the 2nd quarter. Putney Financial Group LLC now owns 53 shares of the semiconductor company’s stock worth $42,000 after buying an additional 15 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Morgan Stanley upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, September 22nd. New Street Research restated a “neutral” rating on shares of ASML in a research report on Monday, October 6th. Mizuho upgraded ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a report on Friday, October 10th. Finally, Erste Group Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Monday, September 22nd. Four research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,140.00.

ASML Stock Performance

Shares of ASML opened at $1,108.78 on Wednesday. The stock has a market capitalization of $436.06 billion, a price-to-earnings ratio of 45.13, a PEG ratio of 1.80 and a beta of 1.87. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,113.20. The firm has a fifty day simple moving average of $1,018.72 and a 200 day simple moving average of $856.82. 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 (NASDAQ:ASML) last posted its quarterly earnings data 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 $8.80 billion during the quarter, compared to the consensus estimate of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company’s quarterly revenue was up .7% on a year-over-year basis. During the same period in the prior year, the business posted $5.28 EPS. Research analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were issued a dividend of $1.857 per share. The ex-dividend date was Wednesday, October 29th. This is an increase from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. ASML’s dividend payout ratio is 25.80%.

ASML Company Profile

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.