Romano Brothers AND Company Raises Position in ASML Holding N.V. $ASML

Romano Brothers AND Company lifted its position in ASML Holding N.V. (NASDAQ:ASML) by 48.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,229 shares of the semiconductor company’s stock after acquiring an additional 728 shares during the period. Romano Brothers AND Company’s holdings in ASML were worth $2,164,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. HBK Sorce Advisory LLC boosted its stake in ASML by 1.0% during the third quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock worth $1,067,000 after buying an additional 10 shares during the last quarter. Albion Financial Group UT boosted its position in shares of ASML by 27.8% during the third quarter. Albion Financial Group UT now owns 46 shares of the semiconductor company’s stock worth $45,000 after buying an additional 10 shares during the period. Wealth Quarterback LLC boosted its holdings in ASML by 0.8% during the 3rd quarter. Wealth Quarterback LLC now owns 1,527 shares of the semiconductor company’s stock valued at $1,478,000 after acquiring an additional 12 shares during the period. UMB Bank n.a. grew its holdings in shares of ASML by 4.3% in the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock valued at $254,000 after purchasing an additional 13 shares in the last quarter. Finally, Baring Financial LLC grew its stake in shares of ASML by 2.8% in the second quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock worth $409,000 after acquiring an additional 14 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,069.86 on Thursday. The stock has a market cap of $420.75 billion, a P/E ratio of 43.54, a P/E/G ratio of 1.66 and a beta of 1.87. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,141.72. The stock has a 50 day moving average of $1,054.82 and a two-hundred day moving average of $904.37. 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 (NASDAQ:ASML) last announced its earnings results 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 analysts’ expectations of $8.99 billion. During the same period in the previous year, the company posted $5.28 EPS. The company’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 earnings per share for the current year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were paid a $1.857 dividend. This is a boost from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is presently 25.80%.

Analysts Set New Price Targets

Several research firms have commented on ASML. New Street Research reiterated a “neutral” rating on shares of ASML in a report on Monday, October 6th. Evercore ISI reissued an “outperform” rating on shares of ASML in a research report on Thursday, October 16th. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. Morningstar downgraded ASML to a “hold” rating in a report on Thursday, September 18th. Finally, Rothschild & Co Redburn raised shares of ASML from a “neutral” rating to a “buy” rating in a report on Friday, November 7th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,171.83.

ASML Company Profile

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.