Bank of Montreal Can Has $132.51 Million Holdings in ASML Holding N.V. $ASML

Bank of Montreal Can lifted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 19.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,344 shares of the semiconductor company’s stock after acquiring an additional 26,806 shares during the quarter. Bank of Montreal Can’s holdings in ASML were worth $132,505,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Daymark Wealth Partners LLC increased its position in shares of ASML by 25.3% in the 2nd quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock valued at $3,738,000 after buying an additional 941 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of ASML by 97.6% in the 1st quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company’s stock valued at $101,978,000 after buying an additional 76,023 shares in the last quarter. Strategic Planning Group LLC increased its position in shares of ASML by 12.5% in the 2nd quarter. Strategic Planning Group LLC now owns 6,552 shares of the semiconductor company’s stock valued at $5,251,000 after buying an additional 730 shares in the last quarter. Empowered Funds LLC increased its position in shares of ASML by 5.0% in the 1st quarter. Empowered Funds LLC now owns 10,928 shares of the semiconductor company’s stock valued at $7,241,000 after buying an additional 519 shares in the last quarter. Finally, Gunderson Capital Management Inc. bought a new stake in shares of ASML in the 2nd quarter valued at $1,702,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Price Performance

ASML stock opened at $1,066.82 on Tuesday. The stock has a 50-day moving average price of $930.91 and a two-hundred day moving average price of $807.27. The stock has a market cap of $419.56 billion, a PE ratio of 43.42, a price-to-earnings-growth ratio of 1.76 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. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,086.11.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $8.99 billion. During the same period in the prior year, the business posted $5.28 EPS. The company’s quarterly revenue was up .7% on a year-over-year basis. Equities analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be paid a dividend of $1.857 per share. The ex-dividend date is Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio (DPR) is currently 25.76%.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of recent analyst reports. Wells Fargo & Company upped their price objective on shares of ASML from $1,105.00 to $1,140.00 and gave the company an “overweight” rating in a research report on Thursday, October 16th. Mizuho upgraded shares of ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, September 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research report on Thursday, October 16th. New Street Research reiterated a “neutral” rating on shares of ASML in a report on Monday, October 6th. Finally, DZ Bank reiterated a “neutral” rating on shares of ASML in a report on Wednesday, October 15th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,051.60.

ASML Company 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.