Northeast Financial Consultants Inc Has $6.05 Million Position in ASML Holding (NASDAQ:ASML)

Northeast Financial Consultants Inc increased its stake in shares of ASML Holding (NASDAQ:ASML) by 2.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,911 shares of the semiconductor company’s stock after acquiring an additional 138 shares during the quarter. Northeast Financial Consultants Inc’s holdings in ASML were worth $6,045,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of ASML. Mercer Global Advisors Inc. ADV grew its stake in shares of 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 valued at $910,102,000 after buying an additional 870,010 shares during the period. Jennison Associates LLC boosted its holdings in 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 acquiring an additional 572,996 shares in the last quarter. Fayez Sarofim & Co acquired a new stake in ASML in the first quarter valued at approximately $542,710,000. GQG Partners LLC increased its holdings in shares of ASML by 21.6% during the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock valued at $1,608,921,000 after acquiring an additional 294,784 shares in the last quarter. Finally, 1832 Asset Management L.P. raised its position in shares of 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 worth $238,784,000 after purchasing an additional 243,850 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

Shares of NASDAQ ASML opened at $841.54 on Friday. The company has a market capitalization of $332.06 billion, a PE ratio of 42.98, a PEG ratio of 1.97 and a beta of 1.49. 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’s 50 day moving average price is $855.83 and its 200-day moving average price is $933.63. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,110.09.

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

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were issued a dividend of $1.8732 per share. This represents a $7.49 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date was Monday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.34. ASML’s dividend payout ratio (DPR) is 28.50%.

Analyst Ratings Changes

ASML has been the subject of several research reports. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Morgan Stanley downgraded shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. JPMorgan Chase & Co. boosted their price objective on ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a report on Thursday, July 18th. Finally, Susquehanna increased their price objective on ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research note on Thursday, July 11th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.