Interval Partners LP Buys Shares of 4,351 ASML Holding (NASDAQ:ASML)

Interval Partners LP acquired a new stake in shares of ASML Holding (NASDAQ:ASML) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,351 shares of the semiconductor company’s stock, valued at approximately $4,450,000.

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

ASML Trading Up 1.0 %

Shares of ASML opened at $803.50 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. The stock has a market cap of $317.05 billion, a PE ratio of 41.04, a P/E/G ratio of 1.96 and a beta of 1.49. The business’s 50-day moving average price is $865.70 and its 200-day moving average price is $937.49. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,110.09.

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

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were issued a $1.8732 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend was Monday, July 29th. ASML’s dividend payout ratio is currently 28.50%.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of recent analyst reports. Wells Fargo & Company boosted their price objective 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. Morgan Stanley cut shares of ASML from an “overweight” rating to an “equal weight” rating in a report on Friday. Susquehanna boosted their target price 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. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Finally, JPMorgan Chase & Co. boosted their price objective on ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock 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.