Acadian Asset Management LLC Has $264.33 Million Stock Holdings in ASML Holding N.V. $ASML

Acadian Asset Management LLC lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 114.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 329,878 shares of the semiconductor company’s stock after purchasing an additional 175,939 shares during the quarter. Acadian Asset Management LLC owned 0.08% of ASML worth $264,333,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. UMB Bank n.a. grew its stake in ASML by 4.3% during the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock worth $254,000 after buying an additional 13 shares in the last quarter. Rossmore Private Capital boosted its position in shares of ASML by 0.3% during the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock worth $2,880,000 after acquiring an additional 14 shares in the last quarter. Baring Financial LLC increased its stake in ASML by 2.8% in the second quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock valued at $409,000 after acquiring an additional 14 shares during the last quarter. Sage Mountain Advisors LLC increased its stake in ASML by 2.6% in the first quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company’s stock valued at $399,000 after acquiring an additional 15 shares during the last quarter. Finally, Manchester Capital Management LLC raised its position in ASML by 15.2% during the first quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company’s stock valued at $76,000 after purchasing an additional 15 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a report on Friday, October 10th. UBS Group restated a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. HSBC reaffirmed a “buy” rating on shares of ASML in a research note on Friday, October 17th. Hsbc Global Res raised ASML to a “strong-buy” rating in a research note on Monday, October 6th. Finally, Morgan Stanley raised shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, September 22nd. Four analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,076.33.

ASML Stock Performance

Shares of ASML stock opened at $1,016.96 on Friday. The stock has a market cap of $399.95 billion, a price-to-earnings ratio of 41.39, a P/E/G ratio of 1.76 and a beta of 1.88. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,086.11. The company’s fifty day moving average is $952.53 and its 200 day moving average is $817.13. 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 (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS 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 company had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same period in the previous year, the firm earned $5.28 earnings per share. The firm’s quarterly revenue was up .7% on a year-over-year basis. Sell-side analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were paid a $1.857 dividend. This represents a $7.43 annualized dividend and a yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend was Wednesday, October 29th. ASML’s payout ratio is presently 25.76%.

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.