Roberts Glore & Co. Inc. IL Purchases 482 Shares of ASML Holding N.V. $ASML

Roberts Glore & Co. Inc. IL lifted its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 27.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,244 shares of the semiconductor company’s stock after buying an additional 482 shares during the quarter. Roberts Glore & Co. Inc. IL’s holdings in ASML were worth $1,798,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. T. Rowe Price Investment Management Inc. bought a new position in ASML during the 1st quarter worth about $360,262,000. Invesco Ltd. lifted its position in shares of ASML by 101.0% in the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock worth $484,562,000 after purchasing an additional 367,505 shares during the period. Amundi boosted its stake in shares of ASML by 91.6% during 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. increased its holdings in ASML by 61.0% during the first quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock valued at $469,183,000 after buying an additional 268,172 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in ASML by 26.5% in the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock worth $631,079,000 after buying an additional 199,740 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 analysts have issued reports on the company. Mizuho raised ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, September 29th. Morningstar lowered ASML to a “hold” rating in a research note on Thursday, September 18th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a report on Wednesday, October 15th. Rothschild & Co Redburn raised shares of ASML from a “neutral” rating to a “buy” rating in a research report on Friday. Finally, Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,076.33.

ASML Price Performance

Shares of ASML opened at $1,016.96 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The company’s fifty day moving average price is $952.53 and its 200-day moving average price is $817.13. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,086.11. The firm has a market capitalization of $399.95 billion, a PE ratio of 41.39, a price-to-earnings-growth ratio of 1.76 and a beta of 1.88.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. The company had revenue of $8.71 billion during the quarter, compared to analysts’ expectations of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.28 EPS. On average, equities research analysts predict 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 was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were given a dividend of $1.857 per share. The ex-dividend date of this dividend was Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. This is a boost from ASML’s previous quarterly dividend of $1.86. ASML’s payout ratio is 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.