Gamco Investors INC. ET AL Boosts Stock Holdings in ASML Holding N.V. $ASML

Gamco Investors INC. ET AL grew its holdings in ASML Holding N.V. (NASDAQ:ASMLFree Report) by 5.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,352 shares of the semiconductor company’s stock after purchasing an additional 300 shares during the quarter. Gamco Investors INC. ET AL’s holdings in ASML were worth $8,390,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Cornerstone Financial Management LLC bought a new position in shares of ASML during the fourth quarter valued at approximately $26,000. Portus Wealth Advisors LLC purchased a new stake in ASML during the first quarter worth $32,000. Resources Management Corp CT ADV lifted its holdings in ASML by 1,150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after buying an additional 23 shares during the period. North Star Investment Management Corp. boosted its position in ASML by 68.8% during the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 11 shares in the last quarter. Finally, Jessup Wealth Management Inc bought a new stake in ASML during the 4th quarter valued at $30,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML News Roundup

Here are the key news stories impacting ASML this week:

ASML Price Performance

Shares of NASDAQ ASML opened at $1,757.09 on Monday. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,999.96. The company has a market cap of $691.03 billion, a PE ratio of 54.67, a P/E/G ratio of 0.90 and a beta of 1.78. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. The business has a 50-day simple moving average of $1,754.95 and a two-hundred day simple moving average of $1,526.71.

ASML (NASDAQ:ASMLGet Free Report) last announced its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. The firm had revenue of $10.64 billion for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. As a group, equities analysts expect that ASML Holding N.V. will post 43.6 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th will be given a $2.1507 dividend. This represents a $8.60 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, July 28th. ASML’s dividend payout ratio is currently 33.51%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. UBS Group reissued a “buy” rating on shares of ASML in a research report on Wednesday, July 1st. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a research report on Tuesday, July 7th. Freedom Capital upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Wall Street Zen upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Finally, Morningstar lowered shares of ASML to a “sell” rating in a research report on Wednesday, May 27th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average target price of $1,970.33.

View Our Latest Stock Report on ASML

About ASML

(Free Report)

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

Further Reading

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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