ASML Holding (NASDAQ:ASML) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its stake in ASML Holding (NASDAQ:ASML) by 0.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 817,709 shares of the semiconductor company’s stock after purchasing an additional 2,085 shares during the quarter. Dimensional Fund Advisors LP owned 0.21% of ASML worth $836,300,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of ASML. Capital Wealth Planning LLC raised its stake in shares of ASML by 77.7% in the 2nd quarter. Capital Wealth Planning LLC now owns 1,866 shares of the semiconductor company’s stock valued at $1,908,000 after acquiring an additional 816 shares in the last quarter. Angeles Investment Advisors LLC boosted its stake in ASML by 24.6% in the 2nd quarter. Angeles Investment Advisors LLC now owns 1,211 shares of the semiconductor company’s stock valued at $1,239,000 after buying an additional 239 shares in the last quarter. Greenwich Wealth Management LLC boosted its holdings in shares of ASML by 11.1% in the 2nd quarter. Greenwich Wealth Management LLC now owns 621 shares of the semiconductor company’s stock worth $635,000 after acquiring an additional 62 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in ASML by 51.0% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 1,397 shares of the semiconductor company’s stock worth $1,429,000 after purchasing an additional 472 shares during the last quarter. Finally, Redwood Wealth Management Group LLC bought a new stake in shares of ASML during the 2nd quarter valued at $122,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ASML. UBS Group lowered shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Susquehanna lifted their price target on ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a report on Thursday, July 11th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. JPMorgan Chase & Co. lifted their price target on ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Finally, Wells Fargo & Company lifted their price target on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Three equities research 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 stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,147.80.

ASML Stock Up 2.0 %

Shares of NASDAQ:ASML opened at $816.36 on Monday. The company has a market capitalization of $322.13 billion, a price-to-earnings ratio of 41.69, a P/E/G ratio of 1.96 and a beta of 1.49. 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 business’s 50-day moving average is $898.19 and its 200-day moving average is $945.50. ASML Holding has a 1 year low of $563.99 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, topping analysts’ consensus estimates of $3.87 by $0.14. The firm had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. The company’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same period in the previous year, the company posted $5.37 EPS. Equities research analysts predict that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were issued a dividend of $1.8732 per share. This is a positive change from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date was Monday, July 29th. ASML’s 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.