ASML Holding N.V. $ASML Position Boosted by Flputnam Investment Management Co.

Flputnam Investment Management Co. increased its position in ASML Holding N.V. (NASDAQ:ASML) by 120.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,104 shares of the semiconductor company’s stock after purchasing an additional 14,237 shares during the period. ASML accounts for about 0.6% of Flputnam Investment Management Co.’s investment portfolio, making the stock its 27th biggest holding. Flputnam Investment Management Co.’s holdings in ASML were worth $51,932,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cornerstone Financial Management LLC bought a new position in ASML during the 4th quarter worth approximately $26,000. Binnacle Investments Inc increased its holdings in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares during the last quarter. Resources Management Corp CT ADV increased its holdings in shares of ASML by 1,150.0% in the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 23 shares during the last quarter. North Star Investment Management Corp. raised its position in shares of ASML by 68.8% during the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 11 shares in the last quarter. Finally, Field & Main Bank acquired a new stake in shares of ASML during the 2nd quarter valued at approximately $30,000. 26.07% of the stock is owned by institutional investors.

ASML Trading Down 2.2%

NASDAQ:ASML opened at $1,696.16 on Friday. The firm has a market capitalization of $667.07 billion, a P/E ratio of 52.77, a P/E/G ratio of 0.84 and a beta of 1.79. The business has a 50 day simple moving average of $1,764.95 and a 200 day simple moving average of $1,591.65. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80. ASML Holding N.V. has a 12-month low of $716.20 and a 12-month high of $1,999.96.

ASML (NASDAQ:ASML) last issued its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. The firm had revenue of $10.62 billion for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. Equities research analysts predict that ASML Holding N.V. will post 44.99 EPS for the current year.

ASML Cuts Dividend

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

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a report on Monday, June 1st. Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 17th. Berenberg Bank restated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Zacks Research lowered shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Finally, Wall Street Zen lowered shares of ASML from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, ASML has an average rating of “Moderate Buy” and an average target price of $1,970.33.

About ASML

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.