Americana Partners LLC Boosts Position in ASML Holding N.V. $ASML

Americana Partners LLC increased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 34.7% in the second quarter, HoldingsChannel.com reports. The fund owned 10,812 shares of the semiconductor company’s stock after acquiring an additional 2,783 shares during the period. Americana Partners LLC’s holdings in ASML were worth $8,665,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Capstone Wealth Management Group LLC boosted its stake in shares of ASML by 5.2% during the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in ASML by 17.7% in the first quarter. Principal Financial Group Inc. now owns 11,802 shares of the semiconductor company’s stock worth $7,820,000 after buying an additional 1,777 shares during the period. Allworth Financial LP boosted its position in ASML by 6.0% during the 1st quarter. Allworth Financial LP now owns 1,367 shares of the semiconductor company’s stock valued at $922,000 after acquiring an additional 77 shares in the last quarter. Ballentine Partners LLC grew its holdings in shares of ASML by 12.1% during the 1st quarter. Ballentine Partners LLC now owns 4,137 shares of the semiconductor company’s stock worth $2,741,000 after acquiring an additional 447 shares during the period. Finally, Kathmere Capital Management LLC raised its position in shares of ASML by 10.6% in the 1st quarter. Kathmere Capital Management LLC now owns 387 shares of the semiconductor company’s stock worth $256,000 after acquiring an additional 37 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Rothschild Redb upgraded ASML from a “hold” rating to a “strong-buy” rating in a research report on Friday. Citigroup restated a “buy” rating on shares of ASML in a report on Tuesday, October 7th. Morgan Stanley raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 22nd. Hsbc Global Res raised shares of ASML to a “strong-buy” rating in a research report on Monday, October 6th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of ASML in a research note on Wednesday, October 29th. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $1,076.33.

ASML Stock Performance

Shares of ASML stock opened at $1,016.96 on Monday. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,086.11. The firm’s 50-day moving average is $952.53 and its 200 day moving average is $818.25. The stock has a market cap of $399.95 billion, a price-to-earnings ratio of 41.39, a PEG ratio of 1.76 and a beta of 1.88. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.27 by $0.14. The business had revenue of $8.71 billion during the quarter, compared to analysts’ expectations of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The business’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the previous year, the company earned $5.28 earnings per share. Sell-side analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were given a $1.857 dividend. This is a boost from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend was Wednesday, October 29th. This represents a $7.43 annualized dividend and a yield of 0.7%. ASML’s payout ratio is currently 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.