Amundi Grows Stock Position in ASML Holding N.V. $ASML

Amundi lifted its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 498.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 156,791 shares of the semiconductor company's stock after acquiring an additional 130,573 shares during the period. Amundi's holdings in ASML were worth $311,926,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Cornerstone Financial Management LLC purchased a new position in shares of ASML in the fourth quarter worth about $26,000. NBH Bank acquired a new stake in ASML in the 2nd quarter valued at about $26,000. Binnacle Investments Inc lifted 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 purchasing an additional 15 shares in the last quarter. Resources Management Corp CT ADV lifted its stake in ASML by 1,150.0% in the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company's stock worth $27,000 after purchasing an additional 23 shares in the last quarter. Finally, Field & Main Bank acquired a new position in shares of ASML during the 2nd quarter worth approximately $30,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on ASML. Morningstar cut ASML to a "sell" rating in a report on Wednesday, May 27th. The Goldman Sachs Group reissued a "buy" rating on shares of ASML in a research note on Thursday, June 11th. UBS Group restated a "buy" rating on shares of ASML in a report on Wednesday, July 1st. Wells Fargo & Company raised their target price on ASML from $2,200.00 to $2,500.00 and gave the stock an "overweight" rating in a research note on Thursday, July 16th. Finally, Susquehanna reiterated a "positive" rating on shares of ASML in a report on Tuesday, June 30th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $1,970.33.

ASML Stock Performance

NASDAQ ASML opened at $1,714.88 on Tuesday. The stock has a fifty day simple moving average of $1,747.64 and a 200-day simple moving average of $1,604.28. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. The stock has a market cap of $674.43 billion, a PE ratio of 53.36, a P/E/G ratio of 0.85 and a beta of 1.79. ASML Holding N.V. has a twelve month low of $766.24 and a twelve month high of $1,999.96.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The company had revenue of $10.62 billion for the quarter. Equities analysts anticipate that ASML Holding N.V. will post 44.99 earnings per share for the current year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were given a dividend of $2.1507 per share. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. ASML's dividend payout ratio (DPR) is presently 22.62%.

ASML Profile

ASML Holding N.V. NASDAQ: ASML is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML's product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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