Chevy Chase Trust Holdings LLC Acquires 9,175 Shares of ASML Holding N.V. $ASML

Key Points

• Chevy Chase Trust Holdings LLC increased its stake in ASML Holding N.V. by 8.2%, acquiring an additional 9,175 shares, bringing its total holdings to 121,359 shares valued at approximately $97.3 million.
• ASML reported a net margin of 27.08% and earnings per share of $6.41 for the latest quarter, surpassing analysts' estimate of $6.27.
• The company announced a quarterly dividend increase to $1.857, with an annualized yield of 0.7%, set to be paid on November 6th.

Chevy Chase Trust Holdings LLC raised its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 8.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 121,359 shares of the semiconductor company's stock after purchasing an additional 9,175 shares during the period. Chevy Chase Trust Holdings LLC's holdings in ASML were worth $97,256,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ASML. Putney Financial Group LLC increased its stake in shares of ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after purchasing an additional 29 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in shares of ASML during the first quarter valued at approximately $27,000. Maseco LLP bought a new position in shares of ASML during the second quarter valued at approximately $32,000. Knuff & Co LLC bought a new position in shares of ASML during the first quarter valued at approximately $33,000. Finally, Costello Asset Management INC increased its stake in shares of ASML by 147.1% during the second quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company's stock valued at $34,000 after purchasing an additional 25 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

ASML Trading Up 1.0%

Shares of ASML stock opened at $1,019.59 on Friday. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,059.00. 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 firm's 50 day moving average is $858.14 and its 200 day moving average is $770.80. The stock has a market capitalization of $400.98 billion, a P/E ratio of 41.50, a P/E/G ratio of 1.71 and a beta of 1.87.

ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 49.41%. The company had revenue of $8.71 billion for the quarter, compared to analysts' expectations of $8.99 billion. During the same quarter last year, the company posted $5.28 earnings per share. The firm's quarterly revenue was up .7% on a year-over-year basis. Research analysts expect 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 Thursday, November 6th. Investors of record on Wednesday, October 29th will be issued a $1.857 dividend. This is an increase from ASML's previous quarterly dividend of $1.86. This represents a $7.43 annualized dividend and a yield of 0.7%. The ex-dividend date is Wednesday, October 29th. ASML's dividend payout ratio is 25.56%.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of analyst reports. Hsbc Global Res raised shares of ASML to a "strong-buy" rating in a research note on Monday, October 6th. Berenberg Bank reiterated a "buy" rating on shares of ASML in a report on Thursday. Morgan Stanley upgraded shares of ASML from an "equal weight" rating to an "overweight" rating in a report on Monday, September 22nd. JPMorgan Chase & Co. reiterated a "buy" rating on shares of ASML in a report on Wednesday. Finally, Arete Research upgraded shares of ASML to a "strong-buy" rating in a report on Friday, September 12th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $1,051.60.

About ASML

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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