1,013 Shares in ASML Holding N.V. $ASML Purchased by Dearborn Partners LLC

Dearborn Partners LLC bought a new position in ASML Holding N.V. (NASDAQ:ASML) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 1,013 shares of the semiconductor company’s stock, valued at approximately $2,015,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cornerstone Financial Management LLC purchased a new position in shares of ASML during the fourth quarter valued at approximately $26,000. Portus Wealth Advisors LLC purchased a new stake in ASML in the first quarter worth approximately $32,000. Resources Management Corp CT ADV grew its position in ASML by 1,150.0% in the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 23 shares during the period. North Star Investment Management Corp. grew its position in ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares during the period. Finally, Jessup Wealth Management Inc purchased a new stake in ASML during the 4th quarter valued at $30,000. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of NASDAQ:ASML opened at $1,735.01 on Friday. The company has a market capitalization of $682.34 billion, a P/E ratio of 53.98, a P/E/G ratio of 0.87 and a beta of 1.79. ASML Holding N.V. has a 1-year low of $716.20 and a 1-year high of $1,999.96. The firm’s 50 day simple moving average is $1,769.62 and its two-hundred day simple moving average is $1,590.92. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The firm had revenue of $10.62 billion during the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. Research analysts expect that ASML Holding N.V. will post 44.92 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were issued a $2.1507 dividend. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $8.60 annualized dividend and a yield of 0.5%. ASML’s dividend payout ratio is currently 22.62%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their price target on ASML from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Argus set a $2,100.00 price objective on ASML in a report on Thursday, July 16th. UBS Group reiterated a “buy” rating on shares of ASML in a research report on Wednesday, July 1st. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. Finally, Morgan Stanley reissued an “overweight” rating on shares of ASML in a research report on Tuesday, July 7th. Four equities 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 issued a Sell rating to the stock. According to MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,970.33.

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.