Corient Private Wealth LLC Grows Stock Position in ASML Holding N.V. $ASML

Corient Private Wealth LLC increased its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 222,488 shares of the semiconductor company’s stock after purchasing an additional 3,840 shares during the quarter. Corient Private Wealth LLC owned 0.06% of ASML worth $178,300,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. UMB Bank n.a. grew its position in shares of 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. Baring Financial LLC lifted its stake in ASML by 2.8% in the second quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock worth $409,000 after acquiring an additional 14 shares during the last quarter. Putney Financial Group LLC lifted its stake in ASML by 39.5% in the second quarter. Putney Financial Group LLC now owns 53 shares of the semiconductor company’s stock worth $42,000 after acquiring an additional 15 shares during the last quarter. Binnacle Investments Inc grew its holdings in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 15 shares in the last quarter. Finally, Sivia Capital Partners LLC increased its position in shares of ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after purchasing an additional 15 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 3.7%

ASML opened at $1,080.85 on Monday. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,141.72. 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 stock has a market capitalization of $425.08 billion, a P/E ratio of 43.99, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87. The business’s 50-day simple moving average is $1,039.93 and its 200-day simple moving average is $877.67.

ASML (NASDAQ:ASML) last released its quarterly earnings results 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 for 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 firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business posted $5.28 EPS. Analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were given a $1.857 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. This represents a $7.43 annualized dividend and a yield of 0.7%. ASML’s payout ratio is currently 25.80%.

Wall Street Analysts Forecast Growth

ASML has been the subject of several recent analyst reports. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Monday, October 13th. Rothschild Redb upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Hsbc Global Res raised ASML to a “strong-buy” rating in a research report on Monday, October 6th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a report on Thursday, October 16th. Finally, Mizuho upgraded ASML from a “neutral” rating to an “outperform” rating in a research note on Monday, September 29th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,171.83.

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.