Brighton Jones LLC Buys 96 Shares of ASML Holding N.V. $ASML

Brighton Jones LLC lifted its stake in ASML Holding N.V. (NASDAQ:ASML) by 14.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 771 shares of the semiconductor company’s stock after purchasing an additional 96 shares during the quarter. Brighton Jones LLC’s holdings in ASML were worth $618,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. T. Rowe Price Investment Management Inc. bought a new position in ASML in the 1st quarter valued at approximately $360,262,000. Invesco Ltd. lifted its position in ASML by 101.0% in the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock valued at $484,562,000 after acquiring an additional 367,505 shares in the last quarter. Amundi lifted its position in ASML by 91.6% in the 1st quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock valued at $403,215,000 after acquiring an additional 307,214 shares in the last quarter. First Manhattan CO. LLC. lifted its position in 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 acquiring an additional 268,172 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in ASML by 26.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock valued at $631,079,000 after acquiring an additional 199,740 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Trading Down 0.7%

NASDAQ:ASML opened at $1,052.48 on Wednesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The firm has a market capitalization of $413.92 billion, a price-to-earnings ratio of 42.84, a price-to-earnings-growth ratio of 1.75 and a beta of 1.87. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,060.73. The business has a fifty day moving average price of $905.35 and a 200-day moving average price of $794.83.

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. The firm had revenue of $8.71 billion during the quarter, compared to analyst estimates of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.ASML’s revenue was up .7% on a year-over-year basis. During the same period in the prior year, the business posted $5.28 EPS. Sell-side analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be paid a $1.857 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date is Wednesday, October 29th. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. ASML’s dividend payout ratio (DPR) is currently 25.56%.

Analyst Ratings Changes

Several equities analysts recently issued reports on ASML shares. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, October 15th. Barclays reiterated an “overweight” rating on shares of ASML in a research note on Tuesday, September 30th. Sanford C. Bernstein reiterated a “neutral” rating on shares of ASML in a research note on Friday, October 17th. Wells Fargo & Company boosted their target price on shares of ASML from $1,105.00 to $1,140.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Finally, Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research note on Monday, October 13th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,051.60.

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.