Signature Estate & Investment Advisors LLC Increases Holdings in ASML Holding N.V. $ASML

Signature Estate & Investment Advisors LLC lifted its position in ASML Holding N.V. (NASDAQ:ASML) by 4.5% in the second quarter, Holdings Channel reports. The firm owned 945 shares of the semiconductor company’s stock after buying an additional 41 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in ASML were worth $757,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of ASML. Banque Cantonale Vaudoise purchased a new stake in ASML during the first quarter worth $27,000. Maseco LLP purchased a new stake in ASML during the second quarter worth $32,000. Knuff & Co LLC purchased a new stake in ASML during the first quarter worth $33,000. Costello Asset Management INC lifted its holdings in ASML by 147.1% during the second quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock worth $34,000 after buying an additional 25 shares during the period. Finally, Wayfinding Financial LLC purchased a new stake in ASML during the first quarter worth $35,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Barclays restated an “overweight” rating on shares of ASML in a report on Tuesday, September 30th. Morningstar lowered ASML to a “hold” rating in a report on Thursday, September 18th. Sanford C. Bernstein restated a “neutral” rating on shares of ASML in a report on Friday. UBS Group reiterated a “buy” rating on shares of ASML in a report on Wednesday, October 15th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a report on Friday, October 10th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,051.60.

ASML Stock Performance

Shares of ASML opened at $1,029.27 on Monday. The firm has a market cap of $404.79 billion, a PE ratio of 41.89, a P/E/G ratio of 1.70 and a beta of 1.87. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The stock has a fifty day moving average price of $864.28 and a 200-day moving average price of $775.08. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,059.00.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. The company had revenue of $8.71 billion during the quarter, compared to analyst estimates of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter last year, the business posted $5.28 EPS. Equities research analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th will be given a dividend of $1.857 per share. The ex-dividend date of this dividend is Wednesday, October 29th. This represents a $7.43 annualized dividend and a yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.86. ASML’s payout ratio is 25.56%.

ASML 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.