Haven Private LLC Buys New Shares in ASML Holding N.V. $ASML

Haven Private LLC bought a new stake in ASML Holding N.V. (NASDAQ:ASML) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 326 shares of the semiconductor company’s stock, valued at approximately $261,000.

A number of other hedge funds have also added to or reduced their stakes in ASML. T. Rowe Price Investment Management Inc. bought a new position in ASML in the first quarter valued at $360,262,000. Invesco Ltd. grew its position in ASML by 101.0% in the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock valued at $484,562,000 after purchasing an additional 367,505 shares in the last quarter. Amundi grew its position in ASML by 91.6% in the first quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock valued at $403,215,000 after purchasing an additional 307,214 shares in the last quarter. First Manhattan CO. LLC. grew its position in shares of ASML by 61.0% in the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock valued at $469,183,000 after acquiring an additional 268,172 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in shares of ASML by 26.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock valued at $631,079,000 after acquiring an additional 199,740 shares during the period. Institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on ASML shares. Erste Group Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, September 22nd. New Street Research reissued a “neutral” rating on shares of ASML in a research report on Monday, October 6th. UBS Group reissued a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Monday, October 13th. Finally, Berenberg Bank reissued a “buy” rating on shares of ASML in a research report on Thursday, October 16th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $1,051.60.

ASML Price Performance

Shares of ASML stock opened at $1,059.23 on Friday. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,086.11. 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 50-day simple moving average of $924.66 and a two-hundred day simple moving average of $802.25. The stock has a market capitalization of $416.58 billion, a price-to-earnings ratio of 43.11, a price-to-earnings-growth ratio of 1.76 and a beta of 1.87.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, topping the consensus estimate 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 $8.71 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the previous year, the company earned $5.28 EPS. The business’s revenue was up .7% on a year-over-year basis. Analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently disclosed 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 is a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date is Wednesday, October 29th. This represents a $7.43 annualized dividend and a yield of 0.7%. 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.