ASML Holding N.V. (NASDAQ:ASML) Position Boosted by DE Burlo Group Inc.

Key Points

• DE Burlo Group Inc. significantly increased its stake in ASML Holding N.V. by 65.3% in Q1, making it the 9th largest position in their portfolio, with holdings valued at $23 million.
• ASML's latest quarterly earnings showed a miss in EPS at $4.55 compared to the consensus estimate of $5.94, though revenue increased by 23.2% year-over-year.
• The company announced a quarterly dividend increase to $1.856 per share, boosting its annualized dividend yield to 1.04%.

DE Burlo Group Inc. lifted its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 65.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,860 shares of the semiconductor company's stock after purchasing an additional 13,765 shares during the quarter. ASML accounts for 3.4% of DE Burlo Group Inc.'s portfolio, making the stock its 9th largest position. DE Burlo Group Inc.'s holdings in ASML were worth $23,099,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Norinchukin Bank The increased its position in ASML by 1.8% in the 4th quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock worth $594,000 after purchasing an additional 15 shares during the last quarter. Coppell Advisory Solutions LLC increased its holdings in ASML by 18.5% in the fourth quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock worth $67,000 after buying an additional 15 shares during the last quarter. Sage Mountain Advisors LLC increased its holdings in ASML by 2.6% in the first quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company's stock worth $399,000 after buying an additional 15 shares during the last quarter. Nilsine Partners LLC raised its position in ASML by 2.6% during the first quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock valued at $418,000 after acquiring an additional 16 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in ASML by 3.2% in the first quarter. First Horizon Advisors Inc. now owns 516 shares of the semiconductor company's stock valued at $342,000 after acquiring an additional 16 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Trading Down 1.9%

ASML stock opened at $711.25 on Friday. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $945.05. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. The firm has a market capitalization of $279.82 billion, a PE ratio of 29.68, a PEG ratio of 1.47 and a beta of 1.73. The business's 50-day simple moving average is $765.39 and its 200-day simple moving average is $727.39.

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

ASML Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th will be paid a dividend of $1.856 per share. This is a boost from ASML's previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a yield of 1.04%. The ex-dividend date is Tuesday, July 29th. ASML's dividend payout ratio is presently 26.34%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ASML. Wells Fargo & Company increased their price target on shares of ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Barclays reissued an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Erste Group Bank reaffirmed a "hold" rating on shares of ASML in a research report on Wednesday. Susquehanna lowered their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Finally, DZ Bank downgraded ASML from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 16th. Seven research 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.com, the stock has an average rating of "Moderate Buy" and an average price target of $923.80.

ASML 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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