Baldwin Investment Management LLC Raises Stock Position in ASML Holding N.V. (NASDAQ:ASML)

Baldwin Investment Management LLC boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 36.5% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,177 shares of the semiconductor company’s stock after buying an additional 315 shares during the period. Baldwin Investment Management LLC’s holdings in ASML were worth $780,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Edgewood Management LLC lifted its holdings in shares of ASML by 43.1% in the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company’s stock valued at $2,208,615,000 after acquiring an additional 959,696 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of ASML by 70,115.5% in the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company’s stock valued at $9,282,120,000 after acquiring an additional 1,398,805 shares during the last quarter. Clearbridge Investments LLC lifted its holdings in shares of ASML by 2.8% in the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company’s stock valued at $868,324,000 after acquiring an additional 33,603 shares during the last quarter. Neuberger Berman Group LLC lifted its holdings in shares of ASML by 1.4% in the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company’s stock valued at $667,155,000 after acquiring an additional 13,115 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in ASML by 5.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company’s stock worth $622,769,000 after purchasing an additional 46,028 shares during the period. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Barclays reissued an “equal weight” rating on shares of ASML in a research report on Tuesday, June 3rd. New Street Research raised shares of ASML from a “neutral” rating to a “buy” rating in a research report on Thursday. Wells Fargo & Company increased their price objective on shares of ASML from $840.00 to $890.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 8th. Jefferies Financial Group lowered shares of ASML from a “buy” rating to a “hold” rating in a research report on Thursday, June 26th. Finally, Erste Group Bank reissued a “hold” rating on shares of ASML in a research report on Wednesday, July 23rd. Seven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $923.80.

ASML Stock Performance

Shares of NASDAQ:ASML opened at $711.25 on Monday. The firm has a market cap of $279.82 billion, a PE ratio of 29.68, a price-to-earnings-growth ratio of 1.44 and a beta of 1.73. The firm’s 50 day simple moving average is $765.39 and its 200-day simple moving average is $727.16. ASML Holding N.V. has a one year low of $578.51 and a one year high of $945.05. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.94 by ($1.39). The business had revenue of $8.94 billion for the quarter, compared to analysts’ expectations of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The business’s quarterly revenue was up 23.2% compared to the same quarter last year. During the same period in the previous year, the business earned $4.01 earnings per share. As a group, equities analysts predict that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th will be issued a dividend of $1.856 per share. This represents a $7.42 annualized dividend and a yield of 1.04%. This is a positive change from ASML’s previous quarterly dividend of $1.64. The ex-dividend date of this dividend is Tuesday, July 29th. ASML’s dividend payout ratio (DPR) is presently 29.67%.

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.