Resonant Capital Advisors LLC Acquires 212 Shares of ASML Holding N.V. $ASML

Resonant Capital Advisors LLC boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 25.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,049 shares of the semiconductor company’s stock after purchasing an additional 212 shares during the period. Resonant Capital Advisors LLC’s holdings in ASML were worth $841,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in ASML. T. Rowe Price Investment Management Inc. bought a new stake in ASML in the first quarter worth $360,262,000. Invesco Ltd. lifted its stake in ASML by 101.0% in the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock worth $484,562,000 after purchasing an additional 367,505 shares during the last quarter. Amundi raised its stake in shares of ASML by 91.6% during the first quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock valued at $403,215,000 after acquiring an additional 307,214 shares during the last quarter. First Manhattan CO. LLC. raised its stake in shares of ASML by 61.0% during the first quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock valued at $469,183,000 after acquiring an additional 268,172 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of ASML by 26.5% during the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock valued at $631,079,000 after acquiring an additional 199,740 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the subject of several recent analyst reports. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, October 15th. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Tuesday, October 7th. Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. Barclays reaffirmed an “overweight” rating on shares of ASML in a research note on Tuesday, September 30th. Finally, Arete Research raised shares of ASML to a “strong-buy” rating in a research note on Friday, September 12th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,051.60.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,033.10 on Monday. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,059.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The company’s 50-day moving average is $892.92 and its 200 day moving average is $789.40. The stock has a market capitalization of $406.30 billion, a P/E ratio of 42.05, a P/E/G ratio of 1.70 and a beta of 1.87.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company had revenue of $8.71 billion for the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the previous year, the company earned $5.28 earnings per share. ASML’s quarterly revenue was up .7% on a year-over-year basis. On average, sell-side analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th will be issued a $1.857 dividend. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. This is a boost from ASML’s previous quarterly dividend of $1.86. The ex-dividend date is Wednesday, October 29th. ASML’s dividend payout ratio is currently 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.