Fulton Breakefield Broenniman LLC Purchases 963 Shares of ASML Holding N.V. $ASML

Fulton Breakefield Broenniman LLC raised its position in ASML Holding N.V. (NASDAQ:ASML) by 6.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,547 shares of the semiconductor company’s stock after purchasing an additional 963 shares during the quarter. ASML accounts for approximately 1.8% of Fulton Breakefield Broenniman LLC’s holdings, making the stock its 12th biggest holding. Fulton Breakefield Broenniman LLC’s holdings in ASML were worth $30,929,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Cornerstone Financial Management LLC bought a new position in shares of ASML during the fourth quarter valued at approximately $26,000. Portus Wealth Advisors LLC bought a new stake in shares of ASML during the 1st quarter worth approximately $32,000. Resources Management Corp CT ADV lifted its stake in shares of ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 23 shares during the last quarter. North Star Investment Management Corp. boosted its holdings in 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 during the period. Finally, Jessup Wealth Management Inc purchased a new position in ASML during the 4th quarter valued at $30,000. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Argus set a $2,100.00 price objective on ASML in a research report on Thursday, July 16th. Royal Bank Of Canada lifted their target price on ASML from $1,700.00 to $2,000.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 14th. UBS Group reissued a “buy” rating on shares of ASML in a research note on Wednesday, July 1st. Berenberg Bank restated a “buy” rating on shares of ASML in a report on Friday, May 8th. Finally, Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Friday, July 17th. Four investment 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average price target of $1,970.33.

ASML Stock Down 0.2%

Shares of NASDAQ:ASML opened at $1,844.45 on Friday. The business’s 50 day moving average is $1,781.65 and its 200 day moving average is $1,567.15. The stock has a market cap of $725.39 billion, a P/E ratio of 57.39, a price-to-earnings-growth ratio of 0.92 and a beta of 1.79. ASML Holding N.V. has a 52-week low of $716.20 and a 52-week high of $1,999.96. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09.

ASML (NASDAQ:ASML) last issued its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The business had revenue of $10.64 billion during the quarter. Sell-side analysts predict that ASML Holding N.V. will post 44.85 EPS for the current year.

ASML Cuts Dividend

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

ASML Profile

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.