Donaldson Capital Management LLC Increases Position in ASML Holding N.V. $ASML

Key Points

• Donaldson Capital Management increased its ASML stake by 3,116.1% in the second quarter, acquiring 6,014 additional shares and bringing its holdings to 6,207 shares valued at approximately $12.35 million.
• ASML reported quarterly revenue of $10.64 billion and EPS of $8.65, with a 30.11% net margin and 52.71% return on equity. Analysts expect full-year EPS of $44.85.
• Wall Street maintains a generally positive view, with ASML receiving a “Moderate Buy” consensus rating and an average price target of $1,970.33; the company’s latest dividend provides a 0.5% yield.

Donaldson Capital Management LLC lifted its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 3,116.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,207 shares of the semiconductor company's stock after purchasing an additional 6,014 shares during the period. Donaldson Capital Management LLC's holdings in ASML were worth $12,348,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Cornerstone Financial Management LLC purchased a new position in ASML in the fourth quarter valued at about $26,000. Binnacle Investments Inc lifted its position in shares of ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company's stock valued at $27,000 after acquiring an additional 15 shares during the period. Resources Management Corp CT ADV boosted its stake in shares of ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company's stock worth $27,000 after acquiring an additional 23 shares in the last quarter. North Star Investment Management Corp. boosted its stake in shares of ASML by 68.8% during the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company's stock worth $29,000 after acquiring an additional 11 shares in the last quarter. Finally, Jessup Wealth Management Inc acquired a new stake in shares of ASML in the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Stock Up 0.0%

ASML stock opened at $1,844.45 on Monday. 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 company's 50 day simple moving average is $1,781.65 and its 200-day simple moving average is $1,568.23. ASML Holding N.V. has a 12 month low of $716.20 and a 12 month high of $1,999.96. The firm has a market capitalization of $725.39 billion, a PE ratio of 57.39, a P/E/G ratio of 0.92 and a beta of 1.79.

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

ASML Cuts Dividend

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on ASML. UBS Group reaffirmed a "buy" rating on shares of ASML in a research note on Wednesday, July 1st. Argus set a $2,100.00 target price on ASML in a research report on Thursday, July 16th. Wall Street Zen lowered ASML from a "buy" rating to a "hold" rating in a report on Saturday. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of ASML in a research report on Friday, July 10th. Finally, Bank of America lifted their price target on ASML from $2,268.00 to $2,345.00 and gave the stock a "buy" rating in a research note on Monday, June 22nd. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average 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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