Generate Investment Management Ltd Acquires 2,000 Shares of ASML Holding N.V. $ASML

Generate Investment Management Ltd increased its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 33.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,000 shares of the semiconductor company’s stock after purchasing an additional 2,000 shares during the quarter. Generate Investment Management Ltd’s holdings in ASML were worth $7,745,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of 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 worth $1,664,000 after acquiring an additional 124 shares during the period. Panagora Asset Management Inc. boosted its holdings in ASML by 17.1% in the first quarter. Panagora Asset Management Inc. now owns 7,872 shares of the semiconductor company’s stock worth $5,216,000 after purchasing an additional 1,149 shares during the last quarter. Focus Partners Advisor Solutions LLC grew its position in ASML by 15.9% in the 1st quarter. Focus Partners Advisor Solutions LLC now owns 1,251 shares of the semiconductor company’s stock worth $829,000 after purchasing an additional 172 shares during the period. EP Wealth Advisors LLC raised its stake in ASML by 22.5% during the 1st quarter. EP Wealth Advisors LLC now owns 2,314 shares of the semiconductor company’s stock valued at $1,533,000 after buying an additional 425 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec lifted its holdings in shares of ASML by 3.3% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 21,734 shares of the semiconductor company’s stock valued at $14,402,000 after buying an additional 691 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Up 0.6%

NASDAQ ASML opened at $1,072.14 on Wednesday. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,141.72. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The stock has a market cap of $421.65 billion, a PE ratio of 43.64, a P/E/G ratio of 1.65 and a beta of 1.87. The stock’s 50 day moving average is $1,053.65 and its 200 day moving average is $903.21.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. The firm had revenue of $8.80 billion during the quarter, compared to analyst estimates of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. ASML’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.28 earnings per share. Research analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were given a dividend of $1.857 per share. The ex-dividend date was Wednesday, October 29th. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio is currently 25.80%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on ASML shares. Cantor Fitzgerald reiterated an “overweight” rating on shares of ASML in a research report on Tuesday, December 16th. Hsbc Global Res raised shares of ASML to a “strong-buy” rating in a research report on Monday, October 6th. Erste Group Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a report on Friday, October 10th. Finally, JPMorgan Chase & Co. lifted their price target on shares of ASML from $1,175.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Monday, December 1st. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average target price of $1,171.83.

ASML Profile

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.