Hemenway Trust Co LLC Purchases 135 Shares of ASML Holding (NASDAQ:ASML)

Hemenway Trust Co LLC boosted its stake in shares of ASML Holding (NASDAQ:ASML) by 14.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,078 shares of the semiconductor company’s stock after acquiring an additional 135 shares during the quarter. Hemenway Trust Co LLC’s holdings in ASML were worth $1,046,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its position in shares of ASML by 2.2% during the fourth quarter. Fisher Asset Management LLC now owns 4,977,359 shares of the semiconductor company’s stock valued at $3,767,464,000 after buying an additional 105,196 shares during the period. Jennison Associates LLC boosted its position in shares of ASML by 50.0% during the first quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock valued at $1,668,386,000 after buying an additional 572,996 shares during the period. Sands Capital Management LLC boosted its holdings in shares of ASML by 8.1% in the fourth quarter. Sands Capital Management LLC now owns 1,617,083 shares of the semiconductor company’s stock valued at $1,224,002,000 after purchasing an additional 121,847 shares during the period. Clearbridge Investments LLC boosted its holdings in shares of ASML by 2.7% in the fourth quarter. Clearbridge Investments LLC now owns 1,247,197 shares of the semiconductor company’s stock valued at $944,028,000 after purchasing an additional 32,623 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of ASML by 2.1% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,173,324 shares of the semiconductor company’s stock valued at $888,112,000 after purchasing an additional 24,368 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Stock Down 3.3 %

Shares of ASML stock traded down $36.45 during trading hours on Thursday, reaching $1,062.50. 1,151,481 shares of the company’s stock were exchanged, compared to its average volume of 1,120,829. The stock’s 50 day moving average is $996.50 and its 200-day moving average is $926.74. The company has a market cap of $419.25 billion, a price-to-earnings ratio of 54.26, a P/E/G ratio of 2.28 and a beta of 1.49. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,110.09.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.54. ASML had a return on equity of 56.99% and a net margin of 27.23%. The firm had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. Analysts predict that ASML Holding will post 20.12 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were given a $1.343 dividend. This represents a $5.37 annualized dividend and a dividend yield of 0.51%. The ex-dividend date was Friday, April 26th. ASML’s payout ratio is 32.48%.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of research reports. Susquehanna boosted their price target on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a report on Thursday. Evercore ISI initiated coverage on ASML in a report on Tuesday, April 16th. They issued an “outperform” rating for the company. Sanford C. Bernstein lowered their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a report on Friday, April 12th. Finally, Wells Fargo & Company boosted their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research note on Monday, June 17th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,083.00.

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.