Bradley Foster & Sargent Inc. CT Has $3.61 Million Stock Position in ASML Holding (NASDAQ:ASML)

Bradley Foster & Sargent Inc. CT boosted its stake in shares of ASML Holding (NASDAQ:ASML) by 74.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,526 shares of the semiconductor company’s stock after buying an additional 1,508 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in ASML were worth $3,606,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. American Capital Advisory LLC acquired a new stake in ASML during the 1st quarter worth approximately $26,000. WD Rutherford LLC acquired a new stake in shares of ASML in the first quarter valued at approximately $29,000. Triad Wealth Partners LLC acquired a new stake in shares of ASML in the second quarter valued at approximately $31,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of ASML in the fourth quarter valued at approximately $34,000. Finally, First Community Trust NA acquired a new stake in shares of ASML in the second quarter valued at approximately $34,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Trading Down 2.2 %

ASML stock opened at $787.84 on Thursday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.52 and a quick ratio of 0.84. The company has a fifty day moving average price of $881.39 and a two-hundred day moving average price of $942.06. ASML Holding has a one year low of $563.99 and a one year high of $1,110.09. The stock has a market cap of $310.87 billion, a price-to-earnings ratio of 40.24, a price-to-earnings-growth ratio of 1.96 and a beta of 1.49.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, topping analysts’ consensus estimates of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The firm had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6 billion. During the same period in the previous year, the business posted $5.37 earnings per share. The company’s revenue for the quarter was down 9.5% compared to the same quarter last year. Equities analysts anticipate that ASML Holding will post 20.38 EPS for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were issued a dividend of $1.8732 per share. The ex-dividend date was Monday, July 29th. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.95%. This is an increase from ASML’s previous quarterly dividend of $1.34. ASML’s dividend payout ratio (DPR) is currently 28.50%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ASML. JPMorgan Chase & Co. lifted their price objective on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a report on Thursday, July 18th. Susquehanna lifted their price objective on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a report on Thursday, July 11th. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Finally, Wells Fargo & Company raised their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,147.80.

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.