Roberts Glore & Co. Inc. IL Buys 742 Shares of ASML Holding N.V. (NASDAQ:ASML)

Key Points

• Roberts Glore & Co. Inc. IL increased its holdings in ASML Holding N.V. by 72.7%, acquiring an additional 742 shares, bringing its total to 1,762 shares worth $1.168 million.
• ASML reported earnings of $4.55 per share, missing estimates, while its quarterly revenue grew by 23.2% year-over-year to $8.94 billion.
• The company announced a quarterly dividend increase to $1.856 per share, up from $1.64, with a 1.1% dividend yield and a payout ratio of 26.21%.

Roberts Glore & Co. Inc. IL boosted its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 72.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,762 shares of the semiconductor company's stock after buying an additional 742 shares during the period. Roberts Glore & Co. Inc. IL's holdings in ASML were worth $1,168,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ASML. Putney Financial Group LLC grew its stake in ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 29 shares in the last quarter. Banque Cantonale Vaudoise acquired a new stake in shares of ASML during the first quarter worth approximately $27,000. Wayfinding Financial LLC purchased a new position in ASML during the first quarter valued at approximately $35,000. Pinnacle Bancorp Inc. acquired a new position in ASML in the 1st quarter valued at approximately $42,000. Finally, Olde Wealth Management LLC acquired a new position in ASML in the 1st quarter valued at approximately $42,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on ASML. Wells Fargo & Company boosted their price target on shares of ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. New Street Research raised ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. Citigroup reaffirmed a "buy" rating on shares of ASML in a research report on Monday, May 19th. Sanford C. Bernstein assumed coverage on ASML in a research note on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price target for the company. Finally, Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Seven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $923.80.

ASML Stock Performance

ASML traded up $22.16 on Thursday, hitting $713.12. The company had a trading volume of 1,721,976 shares, compared to its average volume of 2,560,348. The stock has a market cap of $280.56 billion, a price-to-earnings ratio of 29.76, a price-to-earnings-growth ratio of 1.40 and a beta of 1.76. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. The company's fifty day moving average price is $758.52 and its 200 day moving average price is $725.09. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $945.05.

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

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were paid a $1.856 dividend. The ex-dividend date was Tuesday, July 29th. This is a boost from ASML's previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a dividend yield of 1.0%. ASML's dividend payout ratio is presently 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.