Strengthening Families & Communities LLC Has $1.86 Million Stake in ASML Holding N.V. (NASDAQ:ASML)

Key Points

• Strengthening Families & Communities LLC acquired an additional 2,602 shares of ASML Holding N.V., boosting its stake by 1,301.0% in the first quarter, which now comprises about 1.1% of its portfolio.
• ASML's quarterly earnings report showed earnings per share of $4.55, missing expectations of $5.94, but revenue of $8.94 billion exceeded analyst predictions.
• The company recently increased its quarterly dividend from $1.64 to $1.856, reflecting a 1.0% dividend yield based on an annualized amount of $7.42.

Strengthening Families & Communities LLC boosted its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 1,301.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,802 shares of the semiconductor company's stock after purchasing an additional 2,602 shares during the period. ASML makes up about 1.1% of Strengthening Families & Communities LLC's investment portfolio, making the stock its 29th biggest holding. Strengthening Families & Communities LLC's holdings in ASML were worth $1,864,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in ASML. Putney Financial Group LLC increased its holdings in ASML by 322.2% in the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after purchasing an additional 29 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in shares of ASML during the first quarter worth about $27,000. Wayfinding Financial LLC bought a new stake in ASML during the first quarter valued at $35,000. Pinnacle Bancorp Inc. bought a new position in shares of ASML in the 1st quarter worth about $42,000. Finally, Olde Wealth Management LLC acquired a new position in shares of ASML in the 1st quarter valued at about $42,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Trading Down 0.1%

Shares of NASDAQ:ASML traded down $1.01 during mid-day trading on Monday, hitting $721.31. The stock had a trading volume of 1,178,815 shares, compared to its average volume of 1,750,960. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $945.05. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. The company has a market cap of $283.78 billion, a PE ratio of 30.10, a P/E/G ratio of 1.47 and a beta of 1.76. The company's 50 day moving average is $758.31 and its 200-day moving average is $724.37.

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 return on equity of 49.47% and a net margin of 26.95%. The company had revenue of $8.94 billion during the quarter, compared to analysts' expectations of $8.72 billion. During the same quarter in the previous year, the company earned $4.01 EPS. The firm's quarterly revenue was up 23.2% compared to the same quarter last year. On average, sell-side analysts predict that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were given a $1.856 dividend. The ex-dividend date was Tuesday, July 29th. This represents a $7.42 annualized dividend and a yield of 1.0%. This is a positive change from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio (DPR) is 26.17%.

Wall Street Analysts Forecast Growth

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

ASML 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.