ASML Holding N.V. $ASML Shares Purchased by Cresset Asset Management LLC

Cresset Asset Management LLC boosted its position in ASML Holding N.V. (NASDAQ:ASML) by 8.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,766 shares of the semiconductor company’s stock after purchasing an additional 592 shares during the quarter. Cresset Asset Management LLC’s holdings in ASML were worth $6,224,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. purchased a new stake in shares of ASML during the first quarter worth $360,262,000. Invesco Ltd. grew its stake in ASML by 101.0% during the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock valued at $484,562,000 after acquiring an additional 367,505 shares in the last quarter. Amundi raised its holdings in ASML by 91.6% in the 1st quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock valued at $403,215,000 after acquiring an additional 307,214 shares during the last quarter. First Manhattan CO. LLC. lifted its stake in ASML by 61.0% in the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock worth $469,183,000 after purchasing an additional 268,172 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its stake in ASML by 6.3% in the 2nd quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock worth $3,401,304,000 after purchasing an additional 250,934 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

NASDAQ:ASML opened at $1,099.47 on Friday. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,141.72. The stock’s fifty day moving average is $1,028.77 and its two-hundred day moving average is $863.78. The company has a market capitalization of $432.40 billion, a P/E ratio of 44.75, a P/E/G ratio of 1.71 and a beta of 1.87. 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 issued its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. The firm had revenue of $8.80 billion during the quarter, compared to the consensus estimate of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The company’s quarterly revenue was up .7% on a year-over-year basis. During the same period last year, the company earned $5.28 EPS. Equities analysts expect 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. Stockholders of record on Wednesday, October 29th were paid a $1.857 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend was Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. ASML’s payout ratio is presently 25.76%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ASML shares. Berenberg Bank restated a “buy” rating on shares of ASML in a research report on Thursday, October 16th. Bank Degroof lowered ASML to a “hold” rating in a research note on Friday, October 10th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Friday, October 10th. Redburn Partners set a $1,200.00 price target on ASML in a report on Friday, November 7th. 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, sixteen have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,171.83.

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.