ASML Holding (NASDAQ:ASML) Stock Position Decreased by Pacer Advisors Inc.

Pacer Advisors Inc. decreased its position in ASML Holding (NASDAQ:ASML) by 1.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,334 shares of the semiconductor company’s stock after selling 181 shares during the quarter. Pacer Advisors Inc.’s holdings in ASML were worth $10,569,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Harvard Management Co. Inc. increased its stake in shares of ASML by 239.8% during the 2nd quarter. Harvard Management Co. Inc. now owns 93,519 shares of the semiconductor company’s stock worth $95,645,000 after purchasing an additional 66,000 shares during the last quarter. Salem Investment Counselors Inc. raised its holdings in ASML by 41.1% during the first quarter. Salem Investment Counselors Inc. now owns 3,457 shares of the semiconductor company’s stock valued at $3,355,000 after buying an additional 1,007 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of ASML by 169.4% in the first quarter. Cetera Investment Advisers now owns 23,351 shares of the semiconductor company’s stock worth $22,661,000 after buying an additional 14,682 shares during the last quarter. Burford Brothers Inc. acquired a new stake in shares of ASML in the fourth quarter worth about $761,000. Finally, Montag A & Associates Inc. boosted its stake in shares of ASML by 25,520.0% during the 1st quarter. Montag A & Associates Inc. now owns 1,281 shares of the semiconductor company’s stock worth $1,243,000 after acquiring an additional 1,276 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML stock opened at $795.28 on Monday. The firm has a fifty day moving average price of $870.91 and a two-hundred day moving average price of $939.21. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,110.09. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.52 and a quick ratio of 0.84. The company has a market cap of $313.81 billion, a PE ratio of 40.62, a price-to-earnings-growth ratio of 1.96 and a beta of 1.49.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share for the quarter, beating the consensus estimate of $3.87 by $0.14. The business had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The firm’s revenue was down 9.5% on a year-over-year basis. During the same quarter last year, the company earned $5.37 earnings per share. Analysts expect that ASML Holding will post 20.38 EPS for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were paid a $1.8732 dividend. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.94%. This is a positive change from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. ASML’s dividend payout ratio is presently 28.50%.

Wall Street Analysts Forecast Growth

ASML has been the subject of several analyst reports. UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Wells Fargo & Company boosted their price objective on shares of 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 objective on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a report on Thursday, July 11th. JPMorgan Chase & Co. lifted their target price on shares of ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a report on Thursday, July 18th. Finally, Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,147.80.

ASML 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.