4,952 Shares in ASML Holding N.V. (NASDAQ:ASML) Purchased by IPG Investment Advisors LLC

Key Points

• IPG Investment Advisors LLC has acquired a new position in ASML Holding N.V., purchasing 4,952 shares valued at approximately $3.28 million in the first quarter.
• ASML's stock has received mixed ratings from analysts, with an average rating of Moderate Buy and a target price of $923.80 across the market.
• The company reported earnings of $4.55 per share for the last quarter, which missed analysts' estimates by $1.39, although revenue was up 23.2% year-over-year.

IPG Investment Advisors LLC purchased a new position in ASML Holding N.V. (NASDAQ:ASML - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,952 shares of the semiconductor company's stock, valued at approximately $3,281,000.

A number of other hedge funds have also bought and sold shares of ASML. Putney Financial Group LLC boosted its stake in ASML by 322.2% in the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 29 shares during the period. Banque Cantonale Vaudoise acquired a new position in ASML in the first quarter valued at approximately $27,000. Wayfinding Financial LLC acquired a new position in ASML in the first quarter valued at approximately $35,000. Pinnacle Bancorp Inc. acquired a new position in ASML in the first quarter valued at approximately $42,000. Finally, Olde Wealth Management LLC acquired a new position in ASML in the first quarter valued at approximately $42,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ASML has been the subject of a number of research reports. Erste Group Bank restated a "hold" rating on shares of ASML in a research note on Wednesday, July 23rd. New Street Research raised ASML from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th. DZ Bank cut ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Finally, Barclays reaffirmed an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Seven analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, ASML currently has an average rating of "Moderate Buy" and an average target price of $923.80.

ASML Stock Performance

ASML opened at $689.82 on Monday. The company has a market capitalization of $271.39 billion, a price-to-earnings ratio of 28.79, a price-to-earnings-growth ratio of 1.40 and a beta of 1.76. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $945.05. The business has a 50 day moving average price of $762.32 and a two-hundred day moving average price of $726.28.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). The firm had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%. The business's revenue for the quarter was up 23.2% on a year-over-year basis. During the same quarter last year, the company earned $4.01 earnings per share. Research analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th will be given a $1.856 dividend. This represents a $7.42 dividend on an annualized basis and a yield of 1.1%. This is a positive change from ASML's previous quarterly dividend of $1.64. The ex-dividend date is Tuesday, July 29th. ASML's payout ratio is currently 26.21%.

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.

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