Jacobi Capital Management LLC Grows Stock Holdings in ASML Holding (NASDAQ:ASML)

Jacobi Capital Management LLC lifted its holdings in ASML Holding (NASDAQ:ASML) by 3.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 657 shares of the semiconductor company’s stock after purchasing an additional 19 shares during the quarter. Jacobi Capital Management LLC’s holdings in ASML were worth $637,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC lifted its stake in ASML by 2.2% in the 4th quarter. Fisher Asset Management LLC now owns 4,977,359 shares of the semiconductor company’s stock worth $3,767,464,000 after purchasing an additional 105,196 shares in the last quarter. Jennison Associates LLC raised its stake in ASML by 50.0% in the first quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock valued at $1,668,386,000 after buying an additional 572,996 shares during the last quarter. Sands Capital Management LLC grew its stake in ASML by 8.1% during the 4th quarter. Sands Capital Management LLC now owns 1,617,083 shares of the semiconductor company’s stock valued at $1,224,002,000 after purchasing an additional 121,847 shares during the last quarter. Clearbridge Investments LLC lifted its holdings in shares of ASML by 2.7% in the 4th quarter. Clearbridge Investments LLC now owns 1,247,197 shares of the semiconductor company’s stock valued at $944,028,000 after buying an additional 32,623 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of ASML by 2.1% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,173,324 shares of the semiconductor company’s stock worth $888,112,000 after buying an additional 24,368 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Stock Up 5.1 %

Shares of NASDAQ ASML traded up $45.89 on Monday, hitting $941.26. The company had a trading volume of 1,925,796 shares, compared to its average volume of 1,171,839. The company has a quick ratio of 0.88, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,110.09. The firm has a market capitalization of $371.41 billion, a P/E ratio of 47.58, a PEG ratio of 1.89 and a beta of 1.49. The business has a 50 day moving average of $1,006.23 and a two-hundred day moving average of $939.78.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6 billion. During the same quarter last year, the company earned $5.37 earnings per share. ASML’s revenue for the quarter was down 9.5% on a year-over-year basis. As a group, equities research analysts forecast that ASML Holding will post 20.09 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th will be given a $1.8732 dividend. This is a boost from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend is Monday, July 29th. ASML’s dividend payout ratio is presently 32.53%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Wells Fargo & Company boosted their price objective on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. Susquehanna boosted their price target on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research note on Thursday, July 11th. Evercore ISI started coverage on ASML in a research report on Tuesday, April 16th. They set an “outperform” rating on the stock. JPMorgan Chase & Co. boosted their price target on ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Sanford C. Bernstein lowered their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Two analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,147.80.

ASML Company 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.