Gamco Investors INC. ET AL Acquires 957 Shares of ASML Holding N.V. $ASML

Gamco Investors INC. ET AL lifted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 18.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 6,018 shares of the semiconductor company’s stock after purchasing an additional 957 shares during the period. Gamco Investors INC. ET AL’s holdings in ASML were worth $4,823,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Princeton Global Asset Management LLC raised its stake in shares of ASML by 153.8% in the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 20 shares during the last quarter. Pin Oak Investment Advisors Inc. acquired a new stake in shares of ASML in the second quarter valued at approximately $30,000. Washington Trust Advisors Inc. raised its position in 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 acquired a new position in ASML during the 2nd quarter worth $32,000. Finally, Knuff & Co LLC bought a new position in ASML in the 1st quarter valued at $33,000. 26.07% of the stock is owned by institutional investors.

ASML Stock Performance

Shares of ASML stock opened at $1,111.44 on Wednesday. The firm has a market cap of $437.11 billion, a price-to-earnings ratio of 45.24, a price-to-earnings-growth ratio of 1.74 and a beta of 1.87. The stock’s 50-day moving average is $1,034.78 and its 200-day moving average is $870.01. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,141.72.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping the consensus estimate of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The firm had revenue of $8.80 billion for the quarter, compared to analysts’ expectations of $8.99 billion. During the same period in the previous year, the firm posted $5.28 EPS. The company’s revenue for the quarter was up .7% on a year-over-year basis. Equities 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 announced a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were issued a $1.857 dividend. 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%. This is a boost from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio (DPR) is 25.76%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ASML shares. Bank of America upped their price target on ASML from $1,092.00 to $1,331.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research note on Thursday, October 16th. Erste Group Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, September 22nd. Rothschild & Co Redburn raised ASML from a “neutral” rating to a “buy” rating in a research note on Friday, November 7th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of ASML in a research note on Wednesday, October 29th. Four research 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’s stock. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average target price of $1,171.83.

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.