ASML Holding N.V. $ASML Position Raised by Marietta Wealth Management LLC

Marietta Wealth Management LLC grew its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 13.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 12,282 shares of the semiconductor company’s stock after purchasing an additional 1,424 shares during the quarter. ASML accounts for about 1.5% of Marietta Wealth Management LLC’s holdings, making the stock its 22nd biggest holding. Marietta Wealth Management LLC’s holdings in ASML were worth $11,890,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Fisher Asset Management LLC lifted its position in ASML by 6.3% in the 2nd quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock valued at $3,401,304,000 after purchasing an additional 250,934 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of ASML by 5.2% in the second quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock valued at $611,933,000 after purchasing an additional 37,994 shares during the period. Amundi raised its holdings in shares of ASML by 91.6% during the first quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock valued at $403,215,000 after buying an additional 307,214 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of ASML by 14.1% during the second quarter. Massachusetts Financial Services Co. MA now owns 583,093 shares of the semiconductor company’s stock worth $467,285,000 after buying an additional 72,164 shares during the period. Finally, Brown Advisory Inc. boosted its position in shares of ASML by 1.8% during the second quarter. Brown Advisory Inc. now owns 448,798 shares of the semiconductor company’s stock worth $359,662,000 after buying an additional 8,070 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Trading Up 0.6%

NASDAQ ASML opened at $1,072.14 on Wednesday. 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 1-year low of $578.51 and a 1-year high of $1,141.72. The firm’s fifty day simple moving average is $1,053.65 and its 200-day simple moving average is $903.21. The company has a market capitalization of $421.65 billion, a PE ratio of 43.64, a price-to-earnings-growth ratio of 1.65 and a beta of 1.87.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 $8.80 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter last year, the firm earned $5.28 earnings per share. The business’s revenue for the quarter was up .7% on a year-over-year basis. As a group, sell-side analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were paid a $1.857 dividend. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio (DPR) is presently 25.80%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Berenberg Bank restated a “buy” rating on shares of ASML in a research report on Thursday, October 16th. Susquehanna raised their price target on ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a report on Friday, October 10th. Bank Degroof cut shares of ASML to a “hold” rating in a research note on Friday, October 10th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research report on Friday, October 10th. Finally, Sanford C. Bernstein restated a “neutral” rating on shares of ASML in a research report on Thursday, December 11th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $1,171.83.

ASML Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.