ASML Holding (NASDAQ:ASML) Position Increased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. increased its stake in ASML Holding (NASDAQ:ASML) by 23.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 235 shares of the semiconductor company’s stock after purchasing an additional 45 shares during the period. Geneos Wealth Management Inc.’s holdings in ASML were worth $228,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Deutsche Bank AG increased its position in ASML by 4.5% in the 3rd quarter. Deutsche Bank AG now owns 15,544 shares of the semiconductor company’s stock valued at $9,150,000 after acquiring an additional 668 shares during the period. American Century Companies Inc. increased its position in ASML by 12.6% in the 3rd quarter. American Century Companies Inc. now owns 52,926 shares of the semiconductor company’s stock valued at $31,155,000 after acquiring an additional 5,928 shares during the period. Wellington Management Group LLP increased its position in ASML by 8.8% in the 3rd quarter. Wellington Management Group LLP now owns 572,908 shares of the semiconductor company’s stock valued at $337,248,000 after acquiring an additional 46,258 shares during the period. Headinvest LLC acquired a new stake in ASML in the 3rd quarter valued at approximately $108,000. Finally, Teachers Retirement System of The State of Kentucky acquired a new stake in ASML in the 3rd quarter valued at approximately $10,014,000. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML opened at $1,068.13 on Friday. The stock has a market cap of $421.47 billion, a price-to-earnings ratio of 54.26, a PEG ratio of 2.32 and a beta of 1.49. ASML Holding has a 1 year low of $563.99 and a 1 year high of $1,110.09. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The stock has a fifty day moving average price of $996.50 and a 200 day moving average price of $926.74.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share 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 company had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.73 billion. Analysts forecast that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were issued a dividend of $1.343 per share. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.50%. ASML’s dividend payout ratio (DPR) is currently 32.53%.

Analysts Set New Price Targets

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