SPX Gestao de Recursos Ltda Makes New $579,000 Investment in ASML Holding N.V. $ASML

SPX Gestao de Recursos Ltda purchased a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) in the second quarter, HoldingsChannel reports. The firm purchased 291 shares of the semiconductor company’s stock, valued at approximately $579,000.

Several other large investors have also recently made changes to their positions in the stock. Baron Wealth Management LLC increased its holdings in ASML by 1.8% in the 2nd quarter. Baron Wealth Management LLC now owns 333 shares of the semiconductor company’s stock valued at $662,000 after purchasing an additional 6 shares during the last quarter. Whitener Capital Management Inc. raised its position in ASML by 2.8% in the second quarter. Whitener Capital Management Inc. now owns 218 shares of the semiconductor company’s stock valued at $434,000 after purchasing an additional 6 shares during the period. Founders Financial Alliance LLC lifted its stake in ASML by 2.3% during the second quarter. Founders Financial Alliance LLC now owns 266 shares of the semiconductor company’s stock worth $529,000 after purchasing an additional 6 shares in the last quarter. Family Capital Management Inc. lifted its stake in ASML by 0.8% during the fourth quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock worth $983,000 after purchasing an additional 7 shares in the last quarter. Finally, 44 Wealth Management LLC boosted 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 buying an additional 7 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Up 2.1%

ASML stock opened at $1,883.12 on Tuesday. The company’s 50 day moving average price is $1,784.33 and its 200 day moving average price is $1,571.25. The firm has a market capitalization of $740.59 billion, a price-to-earnings ratio of 58.59, a PEG ratio of 0.92 and a beta of 1.79. ASML Holding N.V. has a fifty-two week low of $716.20 and a fifty-two week high of $1,999.96. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The company had revenue of $10.64 billion during the quarter. On average, equities research analysts anticipate that ASML Holding N.V. will post 44.85 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were given a dividend of $2.1507 per share. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s payout ratio is 22.62%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on ASML shares. Morningstar cut ASML to a “sell” rating in a research note on Wednesday, May 27th. Wells Fargo & Company increased their target price 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 restated a “positive” rating on shares of ASML in a report on Tuesday, June 30th. Weiss Ratings raised ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 17th. Finally, Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,970.33.

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.