ASML Holding (NASDAQ:ASML) Shares Bought by Blair William & Co. IL

Blair William & Co. IL grew its stake in ASML Holding (NASDAQ:ASML) by 11.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,181 shares of the semiconductor company’s stock after acquiring an additional 1,711 shares during the quarter. Blair William & Co. IL’s holdings in ASML were worth $16,549,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Hilltop National Bank increased its holdings in ASML by 1.0% in the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock valued at $997,000 after buying an additional 10 shares during the last quarter. First PREMIER Bank lifted its stake in ASML by 4.2% during the first quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock worth $265,000 after purchasing an additional 11 shares during the last quarter. Investment Partners LTD. boosted its holdings in ASML by 1.2% in the first quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock valued at $871,000 after purchasing an additional 11 shares in the last quarter. Valley National Advisers Inc. increased its stake in ASML by 1.1% in the second quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock valued at $1,159,000 after purchasing an additional 12 shares during the last quarter. Finally, Pure Financial Advisors LLC raised its holdings in ASML by 2.8% during the second quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock worth $454,000 after purchasing an additional 12 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML stock opened at $828.16 on Friday. The business has a 50 day simple moving average of $876.71 and a 200-day simple moving average of $941.27. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,110.09. 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 stock has a market capitalization of $326.78 billion, a PE ratio of 42.30, a price-to-earnings-growth ratio of 1.96 and a beta of 1.49.

ASML (NASDAQ:ASML) last announced 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 company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6 billion. During the same quarter in the prior year, the firm earned $5.37 EPS. ASML’s quarterly revenue was down 9.5% on a year-over-year basis. Equities analysts predict that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were given a dividend of $1.8732 per share. This is a boost from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. This represents a $7.49 annualized dividend and a yield of 0.90%. ASML’s payout ratio is presently 28.50%.

Wall Street Analysts Forecast Growth

ASML has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their target price 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. Wells Fargo & Company raised their price objective on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a report on Monday, June 17th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Finally, Susquehanna boosted their price objective on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research note on Thursday, July 11th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,147.80.

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.