First Trust Advisors LP Buys 32,632 Shares of ASML Holding N.V. $ASML

First Trust Advisors LP increased its stake in ASML Holding N.V. (NASDAQ:ASMLFree Report) by 23.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 170,546 shares of the semiconductor company’s stock after acquiring an additional 32,632 shares during the quarter. First Trust Advisors LP’s holdings in ASML were worth $225,263,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC bought a new position in ASML in the 4th quarter worth about $26,000. Binnacle Investments Inc raised its stake in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares in the last quarter. Resources Management Corp CT ADV boosted its holdings in shares of ASML by 1,150.0% in the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 23 shares during the period. North Star Investment Management Corp. boosted its holdings in shares of ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 11 shares during the period. Finally, Jessup Wealth Management Inc bought a new position in ASML in the fourth quarter worth approximately $30,000. Institutional investors own 26.07% of the company’s stock.

ASML Trading Up 0.0%

ASML opened at $1,801.86 on Thursday. The firm has a market cap of $708.64 billion, a price-to-earnings ratio of 56.06, a PEG ratio of 0.94 and a beta of 1.78. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96. The stock has a fifty day moving average price of $1,745.47 and a 200-day moving average price of $1,518.48.

ASML (NASDAQ:ASMLGet Free Report) last issued its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The company had revenue of $10.64 billion for the quarter. As a group, equities research analysts anticipate that ASML Holding N.V. will post 42.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th will be issued 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 is Tuesday, July 28th. ASML’s dividend payout ratio (DPR) is currently 33.51%.

Analyst Ratings Changes

Several research analysts have commented on ASML shares. Barclays restated an “overweight” rating on shares of ASML in a report on Thursday, July 16th. Bank of America upped their target price on ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. Susquehanna restated a “positive” rating on shares of ASML in a research note on Tuesday, June 30th. Sanford C. Bernstein lifted their price objective on ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Finally, Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Friday, July 17th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,970.33.

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ASML News Summary

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About ASML

(Free Report)

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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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