8,305 Shares in ASML Holding N.V. (NASDAQ:ASML) Bought by First American Trust FSB

Key Points

• First American Trust FSB purchased a new stake of 8,305 shares in ASML Holding N.V. valued at approximately $5.5 million in the first quarter.
• ASML Holding recently reported $4.55 EPS for the quarter, missing estimates, while revenues were up 23.2% year-over-year at $8.94 billion.
• The company announced a quarterly dividend increase to $1.856 per share, marking a positive change from the previous dividend of $1.64.

First American Trust FSB purchased a new position in ASML Holding N.V. (NASDAQ:ASML - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,305 shares of the semiconductor company's stock, valued at approximately $5,503,000.

Several other large investors also recently modified their holdings of ASML. Putney Financial Group LLC grew its holdings 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 worth $25,000 after buying an additional 29 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in ASML in the first quarter valued at approximately $27,000. Wayfinding Financial LLC bought a new position in ASML in the first quarter valued at approximately $35,000. Pinnacle Bancorp Inc. bought a new position in ASML in the first quarter valued at approximately $42,000. Finally, Olde Wealth Management LLC acquired a new position in ASML during the first quarter worth $42,000. 26.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ASML. Citigroup restated a "buy" rating on shares of ASML in a report on Monday, May 19th. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Sanford C. Bernstein began coverage on ASML in a research note on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price target on the stock. DZ Bank cut shares of ASML from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 16th. Finally, Erste Group Bank reaffirmed a "hold" rating on shares of ASML in a research report on Wednesday, July 23rd. 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 stock. According to data from MarketBeat.com, ASML has an average rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Stock Performance

Shares of ASML stock traded up $20.48 during trading on Tuesday, reaching $741.79. The company's stock had a trading volume of 1,440,562 shares, compared to its average volume of 1,748,905. The firm has a market cap of $291.84 billion, a PE ratio of 30.96, a P/E/G ratio of 1.47 and a beta of 1.76. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. The business's 50-day moving average price is $757.81 and its 200-day moving average price is $724.29. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $945.05.

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 company had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%. The firm's revenue was up 23.2% compared to the same quarter last year. During the same period last year, the company posted $4.01 EPS. Equities analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were paid a dividend of $1.856 per share. 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%. The ex-dividend date of this dividend was Tuesday, July 29th. ASML's payout ratio is 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.