Federated Hermes Inc. Has $6.44 Million Position in ASML Holding N.V. (NASDAQ:ASML)

Federated Hermes Inc. cut its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 7.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,714 shares of the semiconductor company's stock after selling 816 shares during the quarter. Federated Hermes Inc.'s holdings in ASML were worth $6,437,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in ASML. Wealthcare Advisory Partners LLC increased its position in ASML by 12.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock worth $266,000 after purchasing an additional 44 shares in the last quarter. Rhumbline Advisers increased its position in ASML by 12.7% during the 1st quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock worth $5,571,000 after purchasing an additional 947 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in ASML by 1.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company's stock worth $2,304,000 after purchasing an additional 55 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in ASML by 2.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company's stock worth $22,806,000 after purchasing an additional 763 shares in the last quarter. Finally, Novo Holdings A S increased its position in ASML by 24.4% during the 4th quarter. Novo Holdings A S now owns 165,836 shares of the semiconductor company's stock worth $114,938,000 after purchasing an additional 32,500 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on ASML shares. New Street Research upgraded shares of ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. Citigroup restated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Barclays restated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Erste Group Bank restated a "hold" rating on shares of ASML in a research report on Wednesday, July 23rd. Finally, DZ Bank cut shares of ASML from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 16th. Seven investment 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, ASML has a consensus rating of "Moderate Buy" and a consensus price target of $923.80.

ASML Trading Down 0.7%

NASDAQ:ASML opened at $689.82 on Monday. The firm's fifty day moving average is $762.32 and its 200-day moving average is $726.28. 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 52 week low of $578.51 and a 52 week high of $945.05. The firm has a market cap of $271.39 billion, a P/E ratio of 28.79, a P/E/G ratio of 1.40 and a beta of 1.76.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 EPS 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 firm 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 company posted $4.01 earnings per share. The company's revenue for the quarter was up 23.2% compared to the same quarter last year. Equities 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 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 1.1%. The ex-dividend date of this dividend is Tuesday, July 29th. ASML's payout ratio is currently 26.21%.

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.

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