Everest Financial Group LLC Purchases 917 Shares of ASML Holding N.V. $ASML

Everest Financial Group LLC increased its position in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 14.9% during the 1st quarter, HoldingsChannel reports. The fund owned 7,059 shares of the semiconductor company’s stock after purchasing an additional 917 shares during the quarter. ASML accounts for about 1.5% of Everest Financial Group LLC’s investment portfolio, making the stock its 19th largest holding. Everest Financial Group LLC’s holdings in ASML were worth $9,324,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Arrowstreet Capital Limited Partnership increased its position in ASML by 195.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after purchasing an additional 1,022,532 shares during the period. Sei Investments Co. raised its holdings in ASML by 223.7% during the 1st quarter. Sei Investments Co. now owns 287,225 shares of the semiconductor company’s stock worth $379,368,000 after purchasing an additional 198,505 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in ASML by 14.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after purchasing an additional 193,068 shares during the period. Invesco Ltd. lifted its position in ASML by 21.3% during the 3rd quarter. Invesco Ltd. now owns 849,602 shares of the semiconductor company’s stock valued at $822,492,000 after purchasing an additional 148,948 shares during the period. Finally, Sands Capital Management LLC boosted its stake in shares of ASML by 26.6% in the 4th quarter. Sands Capital Management LLC now owns 669,985 shares of the semiconductor company’s stock valued at $716,790,000 after purchasing an additional 140,821 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on ASML. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research report on Thursday, June 11th. Bank of America increased their price objective on shares of ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a report on Monday, June 22nd. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 17th. Finally, Citigroup reiterated a “buy” rating on shares of ASML in a research report on Friday, July 17th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,970.33.

Read Our Latest Report on ASML

ASML Stock Performance

Shares of ASML stock opened at $1,757.09 on Friday. The stock has a market cap of $691.03 billion, a PE ratio of 54.67, a price-to-earnings-growth ratio of 0.90 and a beta of 1.78. The stock has a 50-day moving average of $1,754.95 and a 200-day moving average of $1,524.62. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,999.96.

ASML (NASDAQ:ASMLGet Free Report) last released its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. The business had revenue of $10.64 billion for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. As a group, sell-side analysts expect that ASML Holding N.V. will post 43.6 earnings per share for the current year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th will be given a dividend of $2.1507 per share. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, July 28th. ASML’s dividend payout ratio (DPR) is currently 33.51%.

Key Headlines Impacting ASML

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ASML Company Profile

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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