ASML Holding N.V. (NASDAQ:ASML) Stock Holdings Increased by E Fund Management Co. Ltd.

Key Points

• E Fund Management Co. Ltd. increased its stake in ASML Holding N.V. by 3.4%, now holding a total of 45,561 shares valued at approximately $30.19 million.
• ASML recently declared a quarterly dividend of $1.856 per share, an increase from its previous dividend, yielding about 1.0% annually.
• The stock has experienced a yearly range of $578.51 to $945.05, with a current market capitalization of approximately $291.84 billion.

E Fund Management Co. Ltd. lifted its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 3.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,561 shares of the semiconductor company's stock after buying an additional 1,514 shares during the quarter. ASML accounts for 1.4% of E Fund Management Co. Ltd.'s portfolio, making the stock its 14th biggest holding. E Fund Management Co. Ltd.'s holdings in ASML were worth $30,190,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Financial Network Wealth Advisors LLC boosted its position in ASML by 61.6% during the first quarter. Financial Network Wealth Advisors LLC now owns 139 shares of the semiconductor company's stock worth $92,000 after purchasing an additional 53 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in ASML during the first quarter worth $76,000. LGT Group Foundation boosted its position in ASML by 1,571.3% during the first quarter. LGT Group Foundation now owns 7,805 shares of the semiconductor company's stock worth $5,172,000 after purchasing an additional 7,338 shares in the last quarter. Thomas Story & Son LLC boosted its position in ASML by 6.5% during the first quarter. Thomas Story & Son LLC now owns 4,812 shares of the semiconductor company's stock worth $3,189,000 after purchasing an additional 294 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its position in ASML by 19.5% during the first quarter. Russell Investments Group Ltd. now owns 19,947 shares of the semiconductor company's stock worth $13,217,000 after purchasing an additional 3,249 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ASML has been the topic of several recent analyst reports. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. New Street Research upgraded ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. Wells Fargo & Company increased their target price on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Sanford C. Bernstein initiated coverage on ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price on the stock. Finally, Erste Group Bank reiterated a "hold" rating on shares of ASML in a research report on Wednesday, July 23rd. Seven research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Stock Down 0.0%

Shares of ASML stock traded down $0.36 during trading hours on Thursday, reaching $755.21. The company had a trading volume of 1,558,673 shares, compared to its average volume of 2,092,520. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $945.05. The company has a market capitalization of $297.11 billion, a P/E ratio of 31.52, a price-to-earnings-growth ratio of 1.53 and a beta of 1.76. The stock's fifty day simple moving average is $758.10 and its 200 day simple moving average is $725.08.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). ASML had a net margin of 26.95% and a return on equity of 49.47%. The business had revenue of $8.94 billion for the quarter, compared to analyst estimates of $8.72 billion. During the same quarter last year, the business earned $4.01 EPS. ASML's revenue for the quarter was up 23.2% compared to the same quarter last year. As a group, sell-side analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were issued a $1.856 dividend. This is a positive change from ASML's previous quarterly dividend of $1.64. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $7.42 annualized dividend and a dividend yield of 1.0%. ASML's dividend payout ratio (DPR) is 26.21%.

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.