Klingman & Associates LLC Takes Position in ASML Holding N.V. $ASML

Klingman & Associates LLC acquired a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 415 shares of the semiconductor company’s stock, valued at approximately $333,000.

A number of other large investors also recently made changes to their positions in ASML. Princeton Global Asset Management LLC lifted its position in shares of ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 20 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in shares of ASML during the first quarter valued at about $27,000. Maseco LLP bought a new position in shares of ASML during the second quarter valued at about $32,000. Knuff & Co LLC purchased a new stake in ASML during the first quarter worth about $33,000. Finally, Costello Asset Management INC increased its holdings in ASML by 147.1% during the second quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock worth $34,000 after buying an additional 25 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Barclays restated an “overweight” rating on shares of ASML in a report on Tuesday, September 30th. Sanford C. Bernstein restated a “neutral” rating on shares of ASML in a report on Friday, October 17th. Bank Degroof downgraded shares of ASML to a “hold” rating in a research note on Friday, October 10th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Friday, October 10th. Finally, Zacks Research upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,051.60.

ASML Price Performance

Shares of NASDAQ:ASML opened at $1,025.02 on Wednesday. The company has a 50 day moving average of $876.36 and a 200 day moving average of $779.84. The stock has a market cap of $403.12 billion, a P/E ratio of 41.72, a P/E/G ratio of 1.72 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 current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14.

ASML (NASDAQ:ASML) last issued its quarterly earnings data 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 company had revenue of $8.71 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the previous year, the company earned $5.28 earnings per share. ASML’s revenue for the quarter was up .7% on a year-over-year basis. As a group, sell-side analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

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

About ASML

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.