ASML Holding (NASDAQ:ASML) Shares Acquired by Benjamin Edwards Inc.

Benjamin Edwards Inc. lifted its holdings in ASML Holding (NASDAQ:ASML) by 6.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 462 shares of the semiconductor company’s stock after acquiring an additional 27 shares during the quarter. Benjamin Edwards Inc.’s holdings in ASML were worth $473,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV grew its position in ASML by 4,379.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock worth $910,102,000 after purchasing an additional 870,010 shares during the period. Jennison Associates LLC boosted its stake in shares of ASML by 50.0% in the first quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock worth $1,668,386,000 after buying an additional 572,996 shares during the last quarter. Fayez Sarofim & Co purchased a new stake in shares of ASML in the first quarter worth about $542,710,000. GQG Partners LLC grew its holdings in ASML by 21.6% during the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock worth $1,608,921,000 after acquiring an additional 294,784 shares during the period. Finally, 1832 Asset Management L.P. raised its position in ASML by 11,084.1% during the first quarter. 1832 Asset Management L.P. now owns 246,050 shares of the semiconductor company’s stock valued at $238,784,000 after acquiring an additional 243,850 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the topic of a number of analyst reports. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Morgan Stanley downgraded shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday. Susquehanna raised their target price on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday, July 11th. Finally, Wells Fargo & Company lifted their price target on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Four equities research 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 company. Based on data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $1,147.80.

ASML Stock Down 4.0 %

ASML stock opened at $795.28 on Friday. The stock has a market capitalization of $313.81 billion, a P/E ratio of 40.62, a P/E/G ratio of 1.96 and a beta of 1.49. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,110.09. The firm has a 50-day simple moving average of $870.91 and a 200-day simple moving average of $939.86. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31.

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

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were issued a $1.8732 dividend. The ex-dividend date was Monday, July 29th. This represents a $7.49 dividend on an annualized basis and a yield of 0.94%. This is a positive change from ASML’s previous quarterly dividend of $1.34. ASML’s dividend payout ratio (DPR) is presently 28.50%.

ASML 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.