Puzo Michael J Purchases Shares of 915 ASML Holding N.V. $ASML

Puzo Michael J purchased a new stake in ASML Holding N.V. (NASDAQ:ASML) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 915 shares of the semiconductor company’s stock, valued at approximately $1,795,000.

Other large investors also recently made changes to their positions in the company. Fisher Asset Management LLC raised its holdings in shares of ASML by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after acquiring an additional 132,353 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in ASML by 6.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock worth $2,168,227,000 after purchasing an additional 96,860 shares during the period. Bank of America Corp DE boosted its stake in ASML by 1.2% in the 1st quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company’s stock worth $2,060,833,000 after purchasing an additional 19,051 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in ASML by 14.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock worth $1,633,046,000 after purchasing an additional 193,068 shares in the last quarter. Finally, BlackRock Inc. increased its holdings in ASML by 4.9% during the 2nd quarter. BlackRock Inc. now owns 1,282,190 shares of the semiconductor company’s stock worth $2,550,840,000 after purchasing an additional 59,888 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Down 2.8%

ASML stock opened at $1,751.73 on Thursday. The company has a market cap of $688.92 billion, a price-to-earnings ratio of 54.50, a P/E/G ratio of 0.89 and a beta of 1.79. ASML Holding N.V. has a twelve month low of $716.20 and a twelve month high of $1,999.96. The business has a 50 day moving average price of $1,785.18 and a two-hundred day moving average price of $1,576.01. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09.

ASML (NASDAQ:ASML) last issued its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The business had revenue of $10.64 billion for the quarter. Analysts anticipate that ASML Holding N.V. will post 44.85 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were given a $2.1507 dividend. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s dividend payout ratio (DPR) is 22.62%.

Analysts Set New Price Targets

A number of analysts have recently commented on ASML shares. UBS Group restated a “buy” rating on shares of ASML in a report on Wednesday, July 1st. Argus set a $2,100.00 price objective on ASML in a report on Thursday, July 16th. The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a research report on Thursday, June 11th. Barclays restated an “overweight” rating on shares of ASML in a research note on Thursday, July 16th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research note on Friday, July 10th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,970.33.

ASML 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.