Harbor Investment Advisory LLC Raises Stake in ASML Holding N.V. $ASML

Harbor Investment Advisory LLC lifted its stake in ASML Holding N.V. (NASDAQ:ASML) by 56.6% during the second quarter, HoldingsChannel reports. The firm owned 1,846 shares of the semiconductor company’s stock after purchasing an additional 667 shares during the period. Harbor Investment Advisory LLC’s holdings in ASML were worth $3,673,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in ASML. Family Capital Management Inc. boosted its position in ASML by 0.8% in the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock valued at $983,000 after buying an additional 7 shares during the period. 44 Wealth Management LLC increased its position in shares of ASML by 1.1% during the fourth quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock worth $703,000 after acquiring an additional 7 shares during the period. Evolution Wealth Management Inc. increased its position in shares of ASML by 22.6% during the first quarter. Evolution Wealth Management Inc. now owns 38 shares of the semiconductor company’s stock worth $50,000 after acquiring an additional 7 shares during the period. Bradley Foster & Sargent Inc. CT raised its stake in shares of ASML by 0.3% during the first quarter. Bradley Foster & Sargent Inc. CT now owns 2,232 shares of the semiconductor company’s stock valued at $2,948,000 after acquiring an additional 7 shares in the last quarter. Finally, White Lighthouse Investment Management Inc. raised its stake in shares of ASML by 2.2% during the fourth quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock valued at $390,000 after acquiring an additional 8 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the topic of several research analyst reports. Wells Fargo & Company increased their price objective on ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research report on Tuesday, June 30th. Royal Bank Of Canada upped their target price on ASML from $1,700.00 to $2,000.00 and gave the stock an “outperform” rating in a report on Tuesday, July 14th. UBS Group reissued a “buy” rating on shares of ASML in a research report on Wednesday, July 1st. Finally, Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,970.33.

ASML Price Performance

Shares of ASML opened at $1,711.89 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. The company has a 50 day moving average price of $1,763.99 and a 200-day moving average price of $1,545.51. ASML Holding N.V. has a fifty-two week low of $684.24 and a fifty-two week high of $1,999.96. The stock has a market capitalization of $673.25 billion, a PE ratio of 53.26, a PEG ratio of 0.82 and a beta of 1.79.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The company had revenue of $10.64 billion for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. Equities analysts predict that ASML Holding N.V. will post 44.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th will be given a dividend of $2.1507 per share. This represents a $8.60 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, July 28th. ASML’s dividend payout ratio (DPR) is 22.62%.

ASML Company 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.