General Partner Inc. Acquires New Holdings in ASML Holding (NASDAQ:ASML)

General Partner Inc. acquired a new stake in ASML Holding (NASDAQ:ASML) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 95 shares of the semiconductor company’s stock, valued at approximately $92,000.

A number of other institutional investors have also made changes to their positions in ASML. Charles Schwab Investment Management Inc. raised its stake in shares of ASML by 1.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,871 shares of the semiconductor company’s stock valued at $18,761,000 after acquiring an additional 501 shares in the last quarter. Deutsche Bank AG grew its holdings in ASML by 4.5% in the 3rd quarter. Deutsche Bank AG now owns 15,544 shares of the semiconductor company’s stock valued at $9,150,000 after buying an additional 668 shares during the last quarter. Fiera Capital Corp grew its holdings in ASML by 44.3% in the 3rd quarter. Fiera Capital Corp now owns 492 shares of the semiconductor company’s stock valued at $290,000 after buying an additional 151 shares during the last quarter. Rhumbline Advisers grew its holdings in ASML by 4.0% in the 3rd quarter. Rhumbline Advisers now owns 7,329 shares of the semiconductor company’s stock valued at $4,314,000 after buying an additional 282 shares during the last quarter. Finally, William Blair Investment Management LLC grew its holdings in ASML by 23.7% in the 3rd quarter. William Blair Investment Management LLC now owns 7,941 shares of the semiconductor company’s stock valued at $4,675,000 after buying an additional 1,519 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

ASML stock traded up $14.53 during trading on Tuesday, hitting $1,067.00. The company had a trading volume of 556,604 shares, compared to its average volume of 1,139,870. The company has a fifty day moving average price of $948.47 and a two-hundred day moving average price of $888.12. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The company has a market cap of $421.03 billion, a P/E ratio of 53.82, a P/E/G ratio of 2.17 and a beta of 1.49. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,077.22.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, beating the consensus estimate of $2.84 by $0.54. The business had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Equities research analysts expect that ASML Holding will post 20.12 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were paid a $1.343 dividend. This represents a $5.37 annualized dividend and a yield of 0.50%. The ex-dividend date of this dividend was Friday, April 26th. ASML’s dividend payout ratio is 32.48%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ASML shares. HSBC started coverage on ASML in a report on Thursday, February 22nd. They issued a “buy” rating on the stock. Wells Fargo & Company raised their target price on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday. Sanford C. Bernstein decreased their price objective on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Evercore ISI initiated coverage on ASML in a report on Tuesday, April 16th. They set an “outperform” rating on the stock. Finally, Redburn Atlantic raised ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Three analysts have rated the stock with a hold rating, nine 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 an average rating of “Moderate Buy” and a consensus target price of $1,043.00.

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.