ASML Holding N.V. $ASML Shares Sold by Hillman Capital Management Inc.

Hillman Capital Management Inc. reduced its position in ASML Holding N.V. (NASDAQ:ASML) by 16.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,716 shares of the semiconductor company’s stock after selling 1,561 shares during the quarter. ASML comprises approximately 3.4% of Hillman Capital Management Inc.’s investment portfolio, making the stock its 8th biggest holding. Hillman Capital Management Inc.’s holdings in ASML were worth $6,184,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Princeton Global Asset Management LLC boosted its holdings in ASML by 153.8% in the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 20 shares in the last quarter. Pin Oak Investment Advisors Inc. purchased a new position in shares of ASML in the 2nd quarter valued at approximately $30,000. Washington Trust Advisors Inc. boosted its stake in ASML by 129.4% in the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 22 shares in the last quarter. Maseco LLP purchased a new stake in ASML during the 2nd quarter worth approximately $32,000. Finally, Knuff & Co LLC acquired a new position in ASML during the 1st quarter valued at approximately $33,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Down 3.7%

Shares of NASDAQ:ASML opened at $1,080.85 on Friday. 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 12-month low of $578.51 and a 12-month high of $1,141.72. The business has a 50 day moving average of $1,039.93 and a two-hundred day moving average of $875.92. The company has a market capitalization of $425.08 billion, a PE ratio of 43.99, a PEG ratio of 1.74 and a beta of 1.87.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share 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 firm had revenue of $8.80 billion during the quarter, compared to analyst estimates of $8.99 billion. During the same period in the previous year, the firm earned $5.28 EPS. The business’s quarterly revenue was up .7% on a year-over-year basis. As a group, analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were paid a dividend of $1.857 per share. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, October 29th. This is an increase from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio is currently 25.76%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on ASML shares. Weiss Ratings upgraded shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. New Street Research reiterated a “neutral” rating on shares of ASML in a research note on Monday, October 6th. UBS Group reissued a “buy” rating on shares of ASML in a report on Thursday. Rothschild & Co Redburn raised ASML from a “neutral” rating to a “buy” rating in a report on Friday, November 7th. Finally, Berenberg Bank reiterated a “buy” rating on shares of ASML in a report on Thursday, October 16th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,171.83.

About ASML

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.