Marsico Capital Management LLC Grows Stock Holdings in ASML Holding N.V. $ASML

Marsico Capital Management LLC boosted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 87,430 shares of the semiconductor company’s stock after buying an additional 1,622 shares during the quarter. ASML accounts for approximately 1.9% of Marsico Capital Management LLC’s portfolio, making the stock its 20th largest holding. Marsico Capital Management LLC’s holdings in ASML were worth $70,066,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in ASML. Lodestone Wealth Management LLC grew its holdings in shares of ASML by 28.1% in the 2nd quarter. Lodestone Wealth Management LLC now owns 387 shares of the semiconductor company’s stock worth $310,000 after acquiring an additional 85 shares during the period. Howe & Rusling Inc. boosted its position in ASML by 5.2% during the second quarter. Howe & Rusling Inc. now owns 7,900 shares of the semiconductor company’s stock worth $6,331,000 after purchasing an additional 393 shares in the last quarter. 17 Capital Partners LLC acquired a new stake in ASML in the second quarter valued at $205,000. Ensign Peak Advisors Inc grew its holdings in ASML by 70.6% in the second quarter. Ensign Peak Advisors Inc now owns 79,290 shares of the semiconductor company’s stock valued at $63,542,000 after purchasing an additional 32,825 shares during the last quarter. Finally, TD Waterhouse Canada Inc. increased its position in shares of ASML by 0.7% in the second quarter. TD Waterhouse Canada Inc. now owns 16,452 shares of the semiconductor company’s stock valued at $12,997,000 after buying an additional 111 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

Shares of ASML opened at $981.04 on Friday. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,086.11. The company’s 50 day simple moving average is $997.14 and its 200 day simple moving average is $837.81. The company has a market capitalization of $385.83 billion, a price-to-earnings ratio of 39.93, a PEG ratio of 1.76 and a beta of 1.88. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, beating the consensus estimate of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The company had revenue of $8.71 billion during the quarter, compared to the consensus estimate of $8.99 billion. During the same period in the previous year, the firm posted $5.28 EPS. ASML’s revenue was up .7% on a year-over-year basis. On average, sell-side analysts predict that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were given a dividend of $1.857 per share. This represents a $7.43 annualized dividend and a yield of 0.8%. This is a boost from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is currently 25.76%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ASML. UBS Group reiterated a “buy” rating on shares of ASML in a research report on Monday. Susquehanna raised their price objective on shares of ASML from $965.00 to $1,150.00 and gave the stock a “positive” rating in a research note on Friday, October 10th. Erste Group Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Monday, September 22nd. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of ASML in a research note on Wednesday, October 29th. Finally, DZ Bank reissued a “neutral” rating on shares of ASML in a research report on Wednesday, October 15th. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,076.33.

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.