Foundations Investment Advisors LLC Has $18.18 Million Holdings in ASML Holding N.V. (NASDAQ:ASML)

Key Points

• Foundations Investment Advisors LLC increased its holdings in ASML Holding N.V. by 4.3%, owning 27,442 shares valued at approximately $18.18 million as of its latest SEC filing.
• ASML recently announced a quarterly dividend increase to $1.856 per share, up from $1.64, with an annualized yield of 1.04% and a payout ratio of 29.67%.
• ASML's stock has a current market cap of $279.82 billion, with analysts expecting a growth in earnings per share to $25.17 for the current year.

Foundations Investment Advisors LLC lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 4.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,442 shares of the semiconductor company's stock after purchasing an additional 1,120 shares during the period. Foundations Investment Advisors LLC's holdings in ASML were worth $18,184,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of ASML. Putney Financial Group LLC raised its position in 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 buying an additional 29 shares during the period. Wayfinding Financial LLC acquired a new position in ASML in the 1st quarter worth about $35,000. Pinnacle Bancorp Inc. acquired a new position in ASML in the 1st quarter worth about $42,000. Olde Wealth Management LLC acquired a new position in ASML in the 1st quarter worth about $42,000. Finally, Alpine Bank Wealth Management acquired a new position in ASML in the 1st quarter worth about $43,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Performance

NASDAQ:ASML traded down $24.04 during mid-day trading on Thursday, hitting $697.42. 1,966,417 shares of the company's stock traded hands, compared to its average volume of 1,765,943. The firm has a 50 day moving average of $764.09 and a two-hundred day moving average of $726.99. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $945.05. The firm has a market capitalization of $274.38 billion, a price-to-earnings ratio of 29.10, a price-to-earnings-growth ratio of 1.46 and a beta of 1.73. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing the consensus estimate 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 the consensus estimate of $8.72 billion. During the same quarter in the previous year, the company earned $4.01 EPS. ASML's revenue for the quarter was up 23.2% compared to the same quarter last year. On average, equities analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th will be given a $1.856 dividend. The ex-dividend date is Tuesday, July 29th. This represents a $7.42 dividend on an annualized basis and a dividend yield of 1.06%. This is an increase from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio (DPR) is currently 26.34%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Wells Fargo & Company upped 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. DZ Bank lowered ASML from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 16th. Erste Group Bank reaffirmed a "hold" rating on shares of ASML in a research report on Wednesday, July 23rd. Finally, Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Seven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $923.80.

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.