ASML Holding (NASDAQ:ASML) is Harvard Management Co. Inc.’s 7th Largest Position

Harvard Management Co. Inc. boosted its holdings in ASML Holding (NASDAQ:ASML) by 239.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 93,519 shares of the semiconductor company’s stock after buying an additional 66,000 shares during the period. ASML makes up about 5.8% of Harvard Management Co. Inc.’s investment portfolio, making the stock its 7th largest position. Harvard Management Co. Inc.’s holdings in ASML were worth $95,645,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. American Capital Advisory LLC acquired a new position in ASML during the 1st quarter worth approximately $26,000. WD Rutherford LLC acquired a new position in shares of ASML during the first quarter worth $29,000. Triad Wealth Partners LLC purchased a new position in shares of ASML in the second quarter valued at $31,000. Beaird Harris Wealth Management LLC acquired a new stake in ASML during the 4th quarter valued at $34,000. Finally, First Community Trust NA purchased a new stake in ASML during the 2nd quarter worth $34,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Wells Fargo & Company upped their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research report on Monday, June 17th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Susquehanna raised their price target on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research report on Thursday, July 11th. Finally, JPMorgan Chase & Co. increased their price objective on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average target price of $1,147.80.

ASML Trading Up 2.0 %

ASML stock opened at $816.36 on Monday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52. ASML Holding has a 1 year low of $563.99 and a 1 year high of $1,110.09. The firm’s 50-day moving average is $898.19 and its 200-day moving average is $945.50. The company has a market cap of $322.13 billion, a P/E ratio of 41.69, a PEG ratio of 1.96 and a beta of 1.49.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, beating analysts’ consensus estimates of $3.87 by $0.14. The company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. ASML’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.37 earnings per share. On average, equities analysts expect that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were paid a $1.8732 dividend. This represents a $7.49 dividend on an annualized basis and a yield of 0.92%. This is a boost from ASML’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Monday, July 29th. ASML’s dividend payout ratio (DPR) is presently 28.50%.

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.