Montag A & Associates Inc. Has $1.29 Million Position in ASML Holding N.V. (NASDAQ:ASML)

Montag A & Associates Inc. increased its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 61.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,945 shares of the semiconductor company's stock after buying an additional 737 shares during the period. Montag A & Associates Inc.'s holdings in ASML were worth $1,289,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ASML. Covenant Asset Management LLC boosted its position in shares of ASML by 1,126.0% during the 1st quarter. Covenant Asset Management LLC now owns 8,300 shares of the semiconductor company's stock worth $5,500,000 after purchasing an additional 7,623 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in shares of ASML by 16.1% during the 1st quarter. Kestra Private Wealth Services LLC now owns 11,019 shares of the semiconductor company's stock valued at $7,302,000 after acquiring an additional 1,532 shares during the period. Formidable Asset Management LLC grew its position in shares of ASML by 23.9% during the 1st quarter. Formidable Asset Management LLC now owns 1,201 shares of the semiconductor company's stock valued at $796,000 after acquiring an additional 232 shares during the period. Auxano Advisors LLC boosted its holdings in ASML by 47.7% in the 1st quarter. Auxano Advisors LLC now owns 1,251 shares of the semiconductor company's stock worth $829,000 after buying an additional 404 shares during the period. Finally, Willner & Heller LLC boosted its holdings in ASML by 27.4% in the 1st quarter. Willner & Heller LLC now owns 1,038 shares of the semiconductor company's stock worth $688,000 after buying an additional 223 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Wells Fargo & Company boosted their price objective on shares of ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Barclays reissued an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Susquehanna dropped their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. DZ Bank downgraded shares of ASML from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 16th. Finally, Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Six equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, ASML has a consensus rating of "Moderate Buy" and a consensus price target of $923.80.

ASML Stock Performance

Shares of ASML stock traded down $14.20 during trading on Tuesday, reaching $705.48. The company's stock had a trading volume of 3,419,602 shares, compared to its average volume of 1,762,847. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The firm has a market cap of $277.55 billion, a PE ratio of 29.44, a P/E/G ratio of 1.49 and a beta of 1.73. The company has a 50-day moving average price of $769.62 and a two-hundred day moving average price of $728.20. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $945.05.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (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 analysts' expectations of $8.72 billion. During the same quarter last year, the company posted $4.01 earnings per share. ASML's revenue for the quarter was up 23.2% on a year-over-year basis. On average, analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th will be paid a $1.856 dividend. This represents a $7.42 dividend on an annualized basis and a yield of 1.05%. This is a boost from ASML's previous quarterly dividend of $1.64. The ex-dividend date is Tuesday, July 29th. ASML's dividend payout ratio (DPR) is presently 29.67%.

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.