Oppenheimer & Co. Inc. Has $23.07 Million Position in ASML Holding N.V. $ASML

Oppenheimer & Co. Inc. cut its position in ASML Holding N.V. (NASDAQ:ASML) by 4.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 11,594 shares of the semiconductor company’s stock after selling 573 shares during the period. Oppenheimer & Co. Inc.’s holdings in ASML were worth $23,066,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ASML. Capstone Wealth Management Group LLC grew its stake in shares of ASML by 5.2% in the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after acquiring an additional 124 shares in the last quarter. AQR Capital Management LLC grew its position in ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after buying an additional 4,021 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in ASML by 153.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after buying an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC increased its stake in ASML by 1.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after acquiring an additional 15 shares during the period. Finally, NewEdge Advisors LLC increased its stake in ASML by 5.2% during the 2nd quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock worth $9,122,000 after acquiring an additional 559 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Down 0.2%

NASDAQ ASML opened at $1,844.45 on Friday. The business has a fifty day moving average price of $1,781.65 and a two-hundred day moving average price of $1,567.15. The stock has a market capitalization of $725.39 billion, a PE ratio of 57.39, a PEG ratio of 0.92 and a beta of 1.79. ASML Holding N.V. has a fifty-two week low of $716.20 and a fifty-two week high of $1,999.96. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The company had revenue of $10.64 billion for the quarter. Equities analysts expect that ASML Holding N.V. will post 44.85 earnings per share for the current fiscal year.

ASML Cuts Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ASML. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a report on Friday, May 8th. DZ Bank raised ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a research note on Tuesday, July 7th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, June 11th. Finally, Citigroup reiterated a “buy” rating on shares of ASML in a research note on Friday, July 17th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $1,970.33.

About ASML

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.