ASML Holding N.V. $ASML Shares Newly Acquired by Polaris Financial Partners

Polaris Financial Partners purchased a new stake in ASML Holding N.V. (NASDAQ:ASML) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 402 shares of the semiconductor company’s stock, valued at approximately $730,000.

Several other hedge funds have also recently modified their holdings of ASML. Boltwood Capital Management boosted its position in ASML by 20.9% during the third quarter. Boltwood Capital Management now owns 260 shares of the semiconductor company’s stock valued at $471,000 after purchasing an additional 45 shares in the last quarter. Stonebridge Financial Group LLC raised its holdings in ASML by 12.4% in the third quarter. Stonebridge Financial Group LLC now owns 145 shares of the semiconductor company’s stock worth $263,000 after purchasing an additional 16 shares in the last quarter. Marathon Mission Inc. raised its holdings in ASML by 3.5% in the third quarter. Marathon Mission Inc. now owns 599 shares of the semiconductor company’s stock worth $1,085,000 after purchasing an additional 20 shares in the last quarter. QRG Capital Management Inc. lifted its position in shares of ASML by 12.5% during the second quarter. QRG Capital Management Inc. now owns 26,167 shares of the semiconductor company’s stock valued at $52,057,000 after buying an additional 2,913 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of ASML by 18.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 4,337 shares of the semiconductor company’s stock valued at $8,628,000 after buying an additional 665 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on ASML shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research note on Friday, July 10th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of ASML in a research report on Monday, September 14th. Wall Street Zen downgraded ASML from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. Barclays restated an “overweight” rating on shares of ASML in a research note on Thursday, July 16th. Finally, Citigroup reissued a “buy” rating on shares of ASML in a research report on Friday, July 17th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and a consensus target price of $1,970.33.

ASML Stock Performance

ASML traded up $58.82 during trading on Friday, reaching $1,867.31. 1,344,406 shares of the company’s stock were exchanged, compared to its average volume of 1,759,883. 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 Holding N.V. has a 1 year low of $935.41 and a 1 year high of $1,999.96. The company’s fifty day simple moving average is $1,718.54 and its 200-day simple moving average is $1,642.04. The stock has a market capitalization of $734.38 billion, a P/E ratio of 58.10, a price-to-earnings-growth ratio of 0.92 and a beta of 1.77.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The business had revenue of $10.62 billion for the quarter. As a group, research analysts predict that ASML Holding N.V. will post 44.01 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were issued a $2.1507 dividend. The ex-dividend date of this dividend was Tuesday, July 28th. This is a drop from ASML’s previous quarterly dividend of $3.1771. This represents a $8.60 dividend on an annualized basis and a yield of 0.5%. ASML’s dividend payout ratio is presently 22.62%.

ASML Company Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment projects patterns onto silicon wafers, enabling the creation of increasingly smaller and more powerful semiconductor features.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems, and related metrology and inspection solutions.