Waldron Private Wealth LLC Takes Position in ASML Holding N.V. $ASML

Waldron Private Wealth LLC bought a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,296 shares of the semiconductor company’s stock, valued at approximately $1,039,000.

A number of other hedge funds have also recently modified their holdings of ASML. Princeton Global Asset Management LLC boosted its holdings in shares of ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 20 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in shares of ASML in the 1st quarter worth about $27,000. Washington Trust Advisors Inc. raised its position in shares of ASML by 129.4% in the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 22 shares during the last quarter. Maseco LLP purchased a new position in shares of ASML in the 2nd quarter worth about $32,000. Finally, Knuff & Co LLC purchased a new position in shares of ASML in the 1st quarter worth about $33,000. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ASML shares. Erste Group Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Monday, September 22nd. Morgan Stanley raised ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 22nd. Hsbc Global Res raised ASML to a “strong-buy” rating in a research report on Monday, October 6th. New Street Research reaffirmed a “neutral” rating on shares of ASML in a research report on Monday, October 6th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research report on Friday, October 10th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,051.60.

ASML Price Performance

Shares of NASDAQ:ASML opened at $1,033.10 on Friday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,059.00. The business has a 50-day simple moving average of $892.92 and a two-hundred day simple moving average of $788.69. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The firm has a market cap of $406.30 billion, a price-to-earnings ratio of 42.05, a price-to-earnings-growth ratio of 1.70 and a beta of 1.87.

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

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th will be paid a dividend of $1.857 per share. The ex-dividend date is Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio 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.