ASML Holding (NASDAQ:ASML) Shares Purchased by Gryphon Financial Partners LLC

Gryphon Financial Partners LLC boosted its holdings in ASML Holding (NASDAQ:ASML) by 2.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 721 shares of the semiconductor company’s stock after purchasing an additional 17 shares during the quarter. Gryphon Financial Partners LLC’s holdings in ASML were worth $738,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jennison Associates LLC lifted its stake in ASML by 50.0% in the first quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock valued at $1,668,386,000 after buying an additional 572,996 shares during the last quarter. Fayez Sarofim & Co purchased a new stake in ASML in the first quarter valued at approximately $542,710,000. GQG Partners LLC lifted its stake in ASML by 21.6% in the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock valued at $1,608,921,000 after buying an additional 294,784 shares during the last quarter. 1832 Asset Management L.P. lifted its stake in ASML by 11,084.1% in the first quarter. 1832 Asset Management L.P. now owns 246,050 shares of the semiconductor company’s stock valued at $238,784,000 after buying an additional 243,850 shares during the last quarter. Finally, Wellington Management Group LLP raised its stake in shares of ASML by 35.6% during the fourth quarter. Wellington Management Group LLP now owns 776,768 shares of the semiconductor company’s stock worth $587,951,000 after purchasing an additional 203,860 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently commented on ASML shares. JPMorgan Chase & Co. upped their price target on ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research note on Thursday, July 18th. Wells Fargo & Company upped their price target on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research note on Monday, June 17th. Susquehanna upped their price target on ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research note on Thursday, July 11th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Finally, UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Three equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,147.80.

ASML Stock Up 0.1 %

ASML opened at $750.69 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. The firm has a market cap of $296.21 billion, a P/E ratio of 38.30, a PEG ratio of 1.59 and a beta of 1.49. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,110.09. The business’s fifty day simple moving average is $920.13 and its 200 day simple moving average is $949.68.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, beating analysts’ consensus estimates of $3.87 by $0.14. The business had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. The business’s revenue for the quarter was down 9.5% compared to the same quarter last year. During the same quarter last year, the company earned $5.37 earnings per share. As a group, equities research analysts anticipate that ASML Holding will post 20.37 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were given a dividend of $1.8732 per share. The ex-dividend date of this dividend was Monday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 annualized dividend and a yield of 1.00%. ASML’s dividend payout ratio is 28.50%.

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.