ASML Holding N.V. $ASML Shares Bought by Princeton Global Asset Management LLC

Princeton Global Asset Management LLC raised its position in ASML Holding N.V. (NASDAQ:ASML) by 153.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 33 shares of the semiconductor company’s stock after purchasing an additional 20 shares during the period. Princeton Global Asset Management LLC’s holdings in ASML were worth $26,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. CORDA Investment Management LLC. acquired a new stake in ASML in the second quarter valued at $15,183,000. Stephens Inc. AR grew its holdings in ASML by 6.2% in the second quarter. Stephens Inc. AR now owns 2,932 shares of the semiconductor company’s stock valued at $2,350,000 after purchasing an additional 172 shares during the last quarter. Calamos Wealth Management LLC grew its holdings in ASML by 6.5% in the second quarter. Calamos Wealth Management LLC now owns 4,776 shares of the semiconductor company’s stock valued at $3,827,000 after purchasing an additional 291 shares during the last quarter. Cidel Asset Management Inc. grew its holdings in ASML by 4,478.0% in the second quarter. Cidel Asset Management Inc. now owns 17,076 shares of the semiconductor company’s stock valued at $13,685,000 after purchasing an additional 16,703 shares during the last quarter. Finally, Chicago Partners Investment Group LLC grew its holdings in ASML by 13.5% in the second quarter. Chicago Partners Investment Group LLC now owns 1,661 shares of the semiconductor company’s stock valued at $1,331,000 after purchasing an additional 198 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 1.6%

Shares of NASDAQ:ASML opened at $1,025.02 on Wednesday. The stock’s 50-day moving average price is $876.36 and its two-hundred day moving average price is $779.84. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,059.00. The firm has a market cap of $403.12 billion, a price-to-earnings ratio of 41.72, a PEG ratio of 1.72 and a beta of 1.87.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same period last year, the company earned $5.28 EPS. The firm’s quarterly revenue was up .7% on a year-over-year basis. On average, research analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th will be paid a $1.857 dividend. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio is 25.56%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on ASML shares. Mizuho raised ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research note on Monday, October 13th. HSBC reaffirmed a “buy” rating on shares of ASML in a research note on Friday, October 17th. Bank Degroof lowered ASML to a “hold” rating in a research note on Friday, October 10th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, October 15th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $1,051.60.

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.