Sapient Capital LLC Acquires 7,416 Shares of ASML Holding N.V. $ASML

Key Points

• Sapient Capital significantly increased its ASML stake by purchasing 7,416 shares during the second quarter, bringing its holdings to 7,959 shares valued at approximately $15.8 million.
• Several other institutional investors also added to their ASML positions, with institutional ownership reaching 26.07% of the company’s outstanding stock.
• Analysts maintain a generally positive outlook, with ASML receiving a consensus “Moderate Buy” rating and an average price target of $1,970.33, compared with its reported opening price of $1,740.99.

Sapient Capital LLC raised its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 1,365.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,959 shares of the semiconductor company's stock after purchasing an additional 7,416 shares during the quarter. Sapient Capital LLC's holdings in ASML were worth $15,815,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. World Equity Group Inc. acquired a new position in shares of ASML in the second quarter valued at $1,373,000. Focus Financial Network Inc. raised its position in shares of ASML by 4.2% in the second quarter. Focus Financial Network Inc. now owns 273 shares of the semiconductor company's stock valued at $543,000 after purchasing an additional 11 shares during the period. Aletheian Wealth Advisors LLC lifted its stake in shares of ASML by 28.7% during the 2nd quarter. Aletheian Wealth Advisors LLC now owns 202 shares of the semiconductor company's stock worth $402,000 after buying an additional 45 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in shares of ASML by 23.9% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 6,371 shares of the semiconductor company's stock worth $12,675,000 after buying an additional 1,230 shares during the last quarter. Finally, Valeo Financial Advisors LLC lifted its stake in shares of ASML by 7.0% during the 2nd quarter. Valeo Financial Advisors LLC now owns 2,567 shares of the semiconductor company's stock worth $5,108,000 after buying an additional 167 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

Shares of NASDAQ:ASML opened at $1,740.99 on Monday. The firm has a 50 day moving average of $1,770.13 and a 200-day moving average of $1,553.08. ASML Holding N.V. has a 12 month low of $710.45 and a 12 month high of $1,999.96. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $684.70 billion, a PE ratio of 54.17, a PEG ratio of 0.87 and a beta of 1.79.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The business had revenue of $10.64 billion for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. On average, equities research analysts predict that ASML Holding N.V. will post 44.79 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were issued a $2.1507 dividend. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML's dividend payout ratio (DPR) is currently 22.62%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on ASML shares. Zacks Research lowered shares of ASML from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 3rd. Weiss Ratings upgraded shares of ASML from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, July 17th. Susquehanna restated a "positive" rating on shares of ASML in a report on Tuesday, June 30th. Morgan Stanley reaffirmed an "overweight" rating on shares of ASML in a research report on Tuesday, July 7th. Finally, Citigroup reiterated a "buy" rating on shares of ASML in a research note on Friday, July 17th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $1,970.33.

ASML Profile

ASML Holding N.V. NASDAQ: ASML is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML's product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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