ASML Holding N.V. $ASML Holdings Lifted by Phoenix Financial Ltd.

Key Points

• Phoenix Financial Ltd. increased its holdings in ASML Holding N.V. by 9.3%, purchasing an additional 566 shares during the second quarter, bringing its total investment to around $5.3 million.
• ASML reported $6.41 earnings per share for the quarter, exceeding analysts' expectations, with a revenue of $8.71 billion, slightly below consensus estimates.
• The firm announced a quarterly dividend of $1.857 per share, marking a slight increase from the previous dividend of $1.86, with a yield of 0.7%.

Phoenix Financial Ltd. grew its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 9.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,624 shares of the semiconductor company's stock after purchasing an additional 566 shares during the period. Phoenix Financial Ltd.'s holdings in ASML were worth $5,307,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Acadian Asset Management LLC grew its position in ASML by 97.6% in the 1st quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company's stock worth $101,978,000 after purchasing an additional 76,023 shares during the last quarter. Strategic Planning Group LLC grew its position in ASML by 12.5% in the 2nd quarter. Strategic Planning Group LLC now owns 6,552 shares of the semiconductor company's stock worth $5,251,000 after purchasing an additional 730 shares during the last quarter. Empowered Funds LLC grew its position in ASML by 5.0% in the 1st quarter. Empowered Funds LLC now owns 10,928 shares of the semiconductor company's stock worth $7,241,000 after purchasing an additional 519 shares during the last quarter. Gunderson Capital Management Inc. bought a new position in ASML in the 2nd quarter worth about $1,702,000. Finally, Cidel Asset Management Inc. boosted its holdings in shares of ASML by 4,478.0% in the second quarter. Cidel Asset Management Inc. now owns 17,076 shares of the semiconductor company's stock valued at $13,685,000 after acquiring an additional 16,703 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

ASML Trading Up 1.3%

Shares of NASDAQ:ASML opened at $1,042.15 on Tuesday. The stock has a market capitalization of $409.86 billion, a price-to-earnings ratio of 42.42, a PEG ratio of 1.70 and a beta of 1.87. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,059.00. 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 company has a 50 day moving average price of $870.70 and a 200 day moving average price of $778.13.

ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, topping analysts' consensus estimates of $6.27 by $0.14. The firm had revenue of $8.71 billion during the quarter, compared to analysts' expectations of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The firm's revenue for the quarter was up .7% compared to the same quarter last year. During the same period last year, the firm posted $5.28 earnings per share. On average, research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Wednesday, October 29th will be issued a dividend of $1.857 per share. The ex-dividend date is Wednesday, October 29th. This is a positive change from ASML's previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. ASML's payout ratio is 25.56%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of ASML in a report on Thursday, October 16th. Sanford C. Bernstein reiterated a "neutral" rating on shares of ASML in a report on Friday. The Goldman Sachs Group reiterated a "buy" rating on shares of ASML in a report on Friday, October 10th. Arete Research upgraded shares of ASML to a "strong-buy" rating in a report on Friday, September 12th. Finally, Morgan Stanley upgraded shares of ASML from an "equal weight" rating to an "overweight" rating in a report on Monday, September 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, ASML presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,051.60.

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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