ASML Holding N.V. $ASML Shares Acquired by Nan Shan Life Insurance Co. Ltd.

Key Points

• Nan Shan Life Insurance increased its ASML position by 4,562.1% in the second quarter, purchasing 7,710 additional shares. Its holdings were valued at approximately $15.7 million, while institutional investors collectively owned 26.07% of the company.
• ASML shares were trading down 1.8% at $1,665.14, with a market capitalization of about $654.9 billion. The stock has traded between $716.20 and $1,999.96 over the past year.
• ASML reported quarterly revenue of $10.62 billion and earnings of $8.65 per share, alongside a 30.11% net margin. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $1,970.33.

Nan Shan Life Insurance Co. Ltd. increased its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 4,562.1% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,879 shares of the semiconductor company's stock after purchasing an additional 7,710 shares during the period. Nan Shan Life Insurance Co. Ltd.'s holdings in ASML were worth $15,675,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Baron Wealth Management LLC increased its holdings in shares of ASML by 1.8% in the 2nd quarter. Baron Wealth Management LLC now owns 333 shares of the semiconductor company's stock valued at $662,000 after acquiring an additional 6 shares during the last quarter. Whitener Capital Management Inc. increased its stake in ASML by 2.8% during the second quarter. Whitener Capital Management Inc. now owns 218 shares of the semiconductor company's stock valued at $434,000 after purchasing an additional 6 shares during the last quarter. Founders Financial Alliance LLC increased its stake in ASML by 2.3% during the second quarter. Founders Financial Alliance LLC now owns 266 shares of the semiconductor company's stock valued at $529,000 after purchasing an additional 6 shares during the last quarter. 44 Wealth Management LLC boosted its holdings 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 buying an additional 7 shares during the period. Finally, Evolution Wealth Management Inc. raised its stake in ASML by 22.6% during the first quarter. Evolution Wealth Management Inc. now owns 38 shares of the semiconductor company's stock worth $50,000 after acquiring an additional 7 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Trading Down 1.8%

ASML stock opened at $1,665.14 on Wednesday. ASML Holding N.V. has a 12-month low of $716.20 and a 12-month high of $1,999.96. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80. The stock has a market capitalization of $654.87 billion, a PE ratio of 51.81, a price-to-earnings-growth ratio of 0.84 and a beta of 1.79. The firm has a 50 day simple moving average of $1,758.02 and a 200-day simple moving average of $1,596.40.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The business had revenue of $10.62 billion during the quarter. As a group, equities research analysts expect that ASML Holding N.V. will post 44.99 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were given a $2.1507 dividend. The ex-dividend date was Tuesday, July 28th. This represents a $8.60 annualized dividend and a yield of 0.5%. ASML's payout ratio is 22.62%.

Analyst Upgrades and Downgrades

ASML has been the subject of several recent research reports. Jefferies Financial Group reaffirmed a "neutral" rating on shares of ASML in a report on Monday, June 1st. The Goldman Sachs Group restated a "buy" rating on shares of ASML in a research note on Thursday, June 11th. Barclays reaffirmed an "overweight" rating on shares of ASML in a research report on Thursday, July 16th. Morningstar downgraded shares of ASML to a "sell" rating in a report on Wednesday, May 27th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of ASML in a research report on Tuesday, July 7th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $1,970.33.

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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