ASML Holding N.V. $ASML Shares Acquired by DSM Capital Partners LLC

Key Points

• DSM Capital Partners increased its ASML stake by 35.6% in the second quarter, adding 1,167 shares for a total of 4,449 shares valued at approximately $8.85 million. Institutional investors and hedge funds collectively own 26.07% of ASML.
• Analysts remain broadly positive, with ASML receiving a consensus “Moderate Buy” rating and an average price target of $1,970.33; JPMorgan recently raised its target to $2,400.
• ASML shares opened at $1,844.45, near their $1,999.96 52-week high, while the company reported quarterly EPS of $8.65 and revenue of $10.64 billion. Its latest quarterly dividend was $2.1507 per share, representing a 0.5% annualized yield.

DSM Capital Partners LLC increased its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 35.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,449 shares of the semiconductor company's stock after buying an additional 1,167 shares during the quarter. DSM Capital Partners LLC's holdings in ASML were worth $8,851,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Baron Wealth Management LLC increased its stake in ASML by 1.8% during the second quarter. Baron Wealth Management LLC now owns 333 shares of the semiconductor company's stock worth $662,000 after acquiring an additional 6 shares during the last quarter. Whitener Capital Management Inc. raised its holdings in shares of ASML by 2.8% in the 2nd quarter. Whitener Capital Management Inc. now owns 218 shares of the semiconductor company's stock worth $434,000 after purchasing an additional 6 shares during the period. Family Capital Management Inc. lifted its stake in shares of ASML by 0.8% in the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company's stock valued at $983,000 after purchasing an additional 7 shares in the last quarter. 44 Wealth Management LLC lifted its stake in shares of ASML by 1.1% in the 4th quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company's stock valued at $703,000 after purchasing an additional 7 shares in the last quarter. Finally, Evolution Wealth Management Inc. grew its holdings in shares of ASML by 22.6% during the 1st quarter. Evolution Wealth Management Inc. now owns 38 shares of the semiconductor company's stock worth $50,000 after purchasing an additional 7 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on ASML. Citigroup reissued a "buy" rating on shares of ASML in a research report on Friday, July 17th. Argus set a $2,100.00 price target on shares of ASML in a research report on Thursday, July 16th. JPMorgan Chase & Co. boosted their price objective on shares of ASML from $2,200.00 to $2,400.00 and gave the stock an "overweight" rating in a research note on Thursday, July 16th. Morgan Stanley reissued an "overweight" rating on shares of ASML in a research report on Tuesday, July 7th. Finally, Zacks Research downgraded shares of ASML from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 3rd. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $1,970.33.

ASML Stock Performance

Shares of NASDAQ:ASML opened at $1,844.45 on Friday. The company has a market cap of $725.39 billion, a P/E ratio of 57.39, a PEG ratio of 0.92 and a beta of 1.79. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. ASML Holding N.V. has a one year low of $716.20 and a one year high of $1,999.96. The business's 50-day simple moving average is $1,781.65 and its 200 day simple moving average is $1,567.15.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. The firm had revenue of $10.64 billion for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. On average, sell-side analysts forecast that ASML Holding N.V. will post 44.85 earnings per share for the current fiscal year.

ASML Cuts Dividend

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

About ASML

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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