Vestmark Advisory Solutions Inc. Buys 5,417 Shares of ASML Holding N.V. (NASDAQ:ASML)

Key Points

• Vestmark Advisory Solutions Inc. increased its stake in ASML Holding N.V. by 120.2% during the first quarter, owning 9,922 shares valued at $6,575,000.
• ASML reported a quarterly EPS of $4.55, missing estimates by $1.39, while revenue grew by 23.2% year-over-year.
• The company recently declared a quarterly dividend of $1.856, a rise from the previous $1.64, indicating a 1.0% dividend yield.

Vestmark Advisory Solutions Inc. boosted its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 120.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,922 shares of the semiconductor company's stock after purchasing an additional 5,417 shares during the period. Vestmark Advisory Solutions Inc.'s holdings in ASML were worth $6,575,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. GAMMA Investing LLC lifted its position in ASML by 70,115.5% during the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after purchasing an additional 1,398,805 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in ASML by 26.5% during the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company's stock valued at $631,079,000 after purchasing an additional 199,740 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of ASML by 5.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock valued at $622,769,000 after acquiring an additional 46,028 shares in the last quarter. Invesco Ltd. lifted its position in shares of ASML by 101.0% in the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock valued at $484,562,000 after acquiring an additional 367,505 shares in the last quarter. Finally, Fayez Sarofim & Co lifted its position in shares of ASML by 2.7% in the first quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company's stock valued at $470,910,000 after acquiring an additional 18,516 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Price Performance

Shares of NASDAQ:ASML traded down $13.05 during mid-day trading on Friday, reaching $742.16. The stock had a trading volume of 1,633,912 shares, compared to its average volume of 1,967,466. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The company has a market cap of $291.98 billion, a P/E ratio of 30.97, a price-to-earnings-growth ratio of 1.53 and a beta of 1.76. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $945.05. The business's 50 day moving average price is $757.89 and its 200 day moving average price is $725.48.

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

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were paid a dividend of $1.856 per share. The ex-dividend date of this dividend was Tuesday, July 29th. This is an increase from ASML's previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a yield of 1.0%. ASML's payout ratio is presently 26.21%.

Analysts Set New Price Targets

Several equities analysts have recently commented on ASML shares. Wells Fargo & Company boosted their price objective on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Erste Group Bank restated a "hold" rating on shares of ASML in a research report on Wednesday, July 23rd. New Street Research upgraded ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. DZ Bank downgraded ASML from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 16th. Finally, Barclays restated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Seven analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $923.80.

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.