ASML Holding N.V. $ASML Shares Acquired by Schroder Investment Management Group

Schroder Investment Management Group boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 78.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,347 shares of the semiconductor company’s stock after purchasing an additional 593 shares during the quarter. Schroder Investment Management Group’s holdings in ASML were worth $1,079,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in ASML. Dimensional Fund Advisors LP grew its position in shares of ASML by 0.8% during the first quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company’s stock worth $600,175,000 after acquiring an additional 7,164 shares during the last quarter. Franklin Resources Inc. lifted its holdings in ASML by 5.2% in the second quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock valued at $611,933,000 after acquiring an additional 37,994 shares during the period. Invesco Ltd. boosted its holdings in ASML by 101.0% during the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock worth $484,562,000 after buying an additional 367,505 shares in the last quarter. First Manhattan CO. LLC. boosted its stake in shares of ASML by 61.0% during the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock worth $469,183,000 after acquiring an additional 268,172 shares in the last quarter. Finally, Northern Trust Corp boosted its position in ASML by 3.4% during the first quarter. Northern Trust Corp now owns 690,566 shares of the semiconductor company’s stock worth $457,590,000 after purchasing an additional 22,541 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on ASML. Barclays reissued a “neutral” rating on shares of ASML in a research note on Wednesday, November 26th. Wells Fargo & Company raised their target price on shares of ASML from $1,105.00 to $1,140.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Redburn Partners set a $1,200.00 price target on ASML in a research report on Friday, November 7th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Friday, October 10th. Finally, DZ Bank reissued a “neutral” rating on shares of ASML in a report on Wednesday, October 15th. Four investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,171.83.

ASML Stock Performance

ASML stock opened at $1,099.47 on Friday. The company has a 50-day simple moving average of $1,028.77 and a 200 day simple moving average of $863.78. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $432.40 billion, a P/E ratio of 44.75, a PEG ratio of 1.71 and a beta of 1.87. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,141.72.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The business had revenue of $8.80 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same quarter last year, the business earned $5.28 earnings per share. The business’s revenue for the quarter was up .7% on a year-over-year basis. Sell-side analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were paid a $1.857 dividend. The ex-dividend date of this dividend was Wednesday, October 29th. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio is presently 25.76%.

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.