Viawealth LLC Grows Stake in ASML Holding N.V. (NASDAQ:ASML)

Viawealth LLC raised its stake in ASML Holding N.V. (NASDAQ:ASML) by 5.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 707 shares of the semiconductor company’s stock after acquiring an additional 39 shares during the quarter. Viawealth LLC’s holdings in ASML were worth $468,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its stake in ASML by 70,115.5% in the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company’s stock valued at $9,282,120,000 after purchasing an additional 1,398,805 shares during the last quarter. Edgewood Management LLC grew its stake in shares of ASML by 43.1% during the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company’s stock worth $2,208,615,000 after acquiring an additional 959,696 shares during the period. Wellington Management Group LLP grew its stake in shares of ASML by 53.4% during the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company’s stock worth $559,494,000 after acquiring an additional 281,156 shares during the period. First Manhattan CO. LLC. grew its stake in shares of ASML by 59.4% during the 4th quarter. First Manhattan CO. LLC. now owns 439,890 shares of the semiconductor company’s stock worth $307,374,000 after acquiring an additional 163,945 shares during the period. Finally, Hyperion Asset Management Ltd lifted its holdings in ASML by 63.9% during the fourth quarter. Hyperion Asset Management Ltd now owns 297,882 shares of the semiconductor company’s stock valued at $206,456,000 after purchasing an additional 116,121 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on ASML shares. Susquehanna dropped their price objective on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a report on Thursday, April 17th. Sanford C. Bernstein initiated coverage on shares of ASML in a research note on Tuesday, June 17th. They set a “market perform” rating and a $806.00 price target on the stock. DZ Bank downgraded ASML from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 16th. New Street Research upgraded ASML from a “neutral” rating to a “buy” rating in a research report on Thursday, July 24th. Finally, Erste Group Bank restated a “hold” rating on shares of ASML in a research report on Wednesday, July 23rd. Seven 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $923.80.

ASML Stock Performance

NASDAQ ASML opened at $729.99 on Tuesday. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $945.05. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. The stock has a market capitalization of $287.19 billion, a PE ratio of 30.47, a P/E/G ratio of 1.44 and a beta of 1.73. The company’s 50 day simple moving average is $765.01 and its two-hundred day simple moving average is $727.09.

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 analysts’ consensus estimates of $5.94 by ($1.39). ASML had a return on equity of 49.47% and a net margin of 26.95%. The business had revenue of $8.94 billion during the quarter, compared to analysts’ expectations of $8.72 billion. During the same quarter last year, the business posted $4.01 EPS. The company’s quarterly revenue was up 23.2% on a year-over-year basis. Analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th will be issued a $1.856 dividend. The ex-dividend date of this dividend is Tuesday, July 29th. This represents a $7.42 annualized dividend and a dividend yield of 1.02%. This is a boost from ASML’s previous quarterly dividend of $1.64. ASML’s dividend payout ratio (DPR) is presently 29.67%.

ASML 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.