Caldwell Trust Co purchased a new stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 575 shares of the semiconductor company’s stock, valued at approximately $461,000.
Other institutional investors have also added to or reduced their stakes in the company. Princeton Global Asset Management LLC increased its stake in 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 purchasing an additional 20 shares during the period. Binnacle Investments Inc increased its stake in ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares during the period. Pin Oak Investment Advisors Inc. bought a new stake in ASML during the 2nd quarter valued at about $30,000. Washington Trust Advisors Inc. lifted its holdings in ASML by 129.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 22 shares in the last quarter. Finally, Maseco LLP purchased a new stake in ASML in the 2nd quarter valued at about $32,000. Institutional investors own 26.07% of the company’s stock.
Analysts Set New Price Targets
Several analysts have recently weighed in on ASML shares. 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 target price on ASML in a research report on Friday, November 7th. Mizuho raised ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, September 29th. Barclays restated a “neutral” rating on shares of ASML in a research note on Wednesday, November 26th. Finally, Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, December 10th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,171.83.
ASML Price Performance
Shares of ASML stock opened at $1,076.05 on Wednesday. The stock’s 50-day moving average is $1,042.29 and its 200 day moving average is $882.49. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,141.72. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The company has a market cap of $423.19 billion, a P/E ratio of 43.80, a PEG ratio of 1.69 and a beta of 1.87.
ASML (NASDAQ:ASML – Get Free Report) last released its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating 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 business had revenue of $8.80 billion during the quarter, compared to analyst estimates of $8.99 billion. During the same period in the prior year, the firm posted $5.28 earnings per share. The company’s quarterly revenue was up .7% on a year-over-year basis. Research analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.
ASML Increases Dividend
The company also recently announced 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 a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. ASML’s payout ratio is 25.80%.
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.
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