Gavilan Investment Partners LLC Has $30.45 Million Stock Holdings in ASML Holding N.V. $ASML

Gavilan Investment Partners LLC increased its position in ASML Holding N.V. (NASDAQ:ASML) by 32.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,000 shares of the semiconductor company’s stock after purchasing an additional 9,300 shares during the period. ASML makes up approximately 7.3% of Gavilan Investment Partners LLC’s holdings, making the stock its 7th biggest position. Gavilan Investment Partners LLC’s holdings in ASML were worth $30,453,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Capstone Wealth Management Group LLC increased its position in shares of ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after acquiring an additional 124 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of ASML in the 1st quarter worth $209,000. Geneos Wealth Management Inc. raised its stake in shares of ASML by 121.2% in the first quarter. Geneos Wealth Management Inc. now owns 3,440 shares of the semiconductor company’s stock worth $2,279,000 after purchasing an additional 1,885 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in shares of ASML during the first quarter valued at $27,000. Finally, Eastern Bank boosted its position in shares of ASML by 36.1% during the first quarter. Eastern Bank now owns 761 shares of the semiconductor company’s stock valued at $504,000 after buying an additional 202 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

Shares of ASML stock opened at $1,040.97 on Friday. The stock has a market cap of $409.40 billion, a P/E ratio of 42.37, a P/E/G ratio of 1.76 and a beta of 1.88. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The stock’s fifty day moving average is $1,010.74 and its 200 day moving average is $848.65. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,086.11.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping the consensus estimate 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 $8.80 billion for the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter last year, the company earned $5.28 earnings per share. The business’s revenue for the quarter was up .7% compared to the same quarter last year. Sell-side analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were given a dividend of $1.857 per share. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s payout ratio is 25.76%.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. New Street Research restated a “neutral” rating on shares of ASML in a research note on Monday, October 6th. Mizuho upgraded shares of ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, September 29th. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a report on Monday, October 13th. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a report on Tuesday, November 18th. Finally, Erste Group Bank raised ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Four equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average target price of $1,076.33.

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.