ASML Holding N.V. $ASML Position Boosted by Leavell Investment Management Inc.

Leavell Investment Management Inc. increased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 15.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,937 shares of the semiconductor company’s stock after purchasing an additional 402 shares during the quarter. Leavell Investment Management Inc.’s holdings in ASML were worth $2,354,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. T. Rowe Price Investment Management Inc. acquired a new stake in shares of ASML during the 1st quarter valued at $360,262,000. Invesco Ltd. raised its position in shares of ASML by 101.0% during the first 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 lifted its holdings 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 during the last quarter. First Manhattan CO. LLC. boosted its position in shares of ASML by 61.0% in the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock valued at $469,183,000 after purchasing an additional 268,172 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in ASML by 26.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock worth $631,079,000 after purchasing an additional 199,740 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ASML has been the subject of a number of analyst reports. Susquehanna upped their price objective on shares of ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a research note on Friday, October 10th. Barclays restated an “overweight” rating on shares of ASML in a research report on Tuesday, September 30th. Morningstar cut shares of ASML to a “hold” rating in a research report on Thursday, September 18th. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research note on Monday, October 13th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,051.60.

ASML Stock Down 0.3%

ASML stock opened at $1,033.10 on Friday. The company has a 50 day moving average of $892.92 and a two-hundred day moving average of $788.69. The company has a market cap of $406.30 billion, a price-to-earnings ratio of 42.05, a PEG ratio of 1.70 and a beta of 1.87. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,059.00. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating the consensus estimate 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 $8.71 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. ASML’s revenue was up .7% on a year-over-year basis. On average, equities analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be paid a dividend of $1.857 per share. This is a boost from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend is Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. ASML’s dividend payout ratio (DPR) is 25.56%.

ASML Company Profile

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.