Tevis Investment Management Grows Position in ASML Holding N.V. $ASML

Tevis Investment Management raised its position in ASML Holding N.V. (NASDAQ:ASML) by 116.9% during the second quarter, HoldingsChannel.com reports. The firm owned 2,115 shares of the semiconductor company’s stock after buying an additional 1,140 shares during the quarter. Tevis Investment Management’s holdings in ASML were worth $1,695,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. SYM FINANCIAL Corp raised its holdings in shares of ASML by 6.9% in the 2nd quarter. SYM FINANCIAL Corp now owns 479 shares of the semiconductor company’s stock worth $384,000 after purchasing an additional 31 shares during the period. Bessemer Group Inc. raised its holdings in shares of ASML by 1.5% in the 2nd quarter. Bessemer Group Inc. now owns 78,630 shares of the semiconductor company’s stock worth $63,014,000 after purchasing an additional 1,185 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of ASML by 0.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 433,558 shares of the semiconductor company’s stock worth $347,445,000 after purchasing an additional 2,837 shares during the period. Chilton Capital Management LLC purchased a new position in shares of ASML in the 2nd quarter worth about $102,000. Finally, Resonant Capital Advisors LLC raised its holdings in shares of ASML by 25.3% in the 2nd quarter. Resonant Capital Advisors LLC now owns 1,049 shares of the semiconductor company’s stock worth $841,000 after purchasing an additional 212 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Price Performance

ASML stock opened at $1,059.98 on Tuesday. 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 Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,060.73. The stock’s 50 day moving average is $899.17 and its two-hundred day moving average is $792.01. The company has a market capitalization of $416.87 billion, a PE ratio of 43.14, a P/E/G ratio of 1.70 and a beta of 1.87.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $8.99 billion. During the same period in the previous year, the business earned $5.28 EPS. ASML’s revenue for the quarter was up .7% compared to the same quarter last year. Analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. HSBC restated a “buy” rating on shares of ASML in a report on Friday, October 17th. Citigroup reiterated a “buy” rating on shares of ASML in a report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a report on Thursday, October 16th. New Street Research reiterated a “neutral” rating on shares of ASML in a report on Monday, October 6th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a report on Friday, October 10th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,051.60.

ASML 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.