ASML Holding (NASDAQ:ASML) Shares Acquired by Doliver Advisors LP

Doliver Advisors LP grew its stake in ASML Holding (NASDAQ:ASML) by 21.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,197 shares of the semiconductor company’s stock after purchasing an additional 390 shares during the period. Doliver Advisors LP’s holdings in ASML were worth $1,831,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ASML. Mercer Global Advisors Inc. ADV increased its holdings in shares of ASML by 4,379.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock valued at $910,102,000 after purchasing an additional 870,010 shares during the period. Jennison Associates LLC grew its holdings in ASML by 50.0% during the first quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock worth $1,668,386,000 after acquiring an additional 572,996 shares during the period. Fayez Sarofim & Co acquired a new position in ASML during the first quarter worth $542,710,000. GQG Partners LLC grew its holdings in ASML by 21.6% during the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock worth $1,608,921,000 after acquiring an additional 294,784 shares during the period. Finally, 1832 Asset Management L.P. grew its holdings in ASML by 11,084.1% during the first quarter. 1832 Asset Management L.P. now owns 246,050 shares of the semiconductor company’s stock worth $238,784,000 after acquiring an additional 243,850 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ASML. JPMorgan Chase & Co. upped their price objective on ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a report on Thursday, July 18th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Wells Fargo & Company upped their target price on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Finally, UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $1,147.80.

ASML Stock Up 1.2 %

Shares of NASDAQ:ASML opened at $832.19 on Thursday. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. ASML Holding has a 52-week low of $567.57 and a 52-week high of $1,110.09. The stock’s fifty day simple moving average is $850.65 and its 200-day simple moving average is $930.96. The company has a market capitalization of $328.37 billion, a P/E ratio of 42.50, a P/E/G ratio of 1.97 and a beta of 1.48.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share for the quarter, topping the consensus estimate of $3.87 by $0.14. ASML had a return on equity of 49.93% and a net margin of 26.50%. The firm had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6 billion. During the same period in the prior year, the business posted $5.37 earnings per share. The firm’s revenue for the quarter was down 9.5% compared to the same quarter last year. As a group, equities research analysts forecast that ASML Holding will post 20.38 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were paid a dividend of $1.8732 per share. The ex-dividend date was Monday, July 29th. This is a positive change from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 annualized dividend and a yield of 0.90%. ASML’s dividend payout ratio is currently 28.50%.

About ASML

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.