ASML Holding (NASDAQ:ASML) Shares Purchased by Capital Wealth Planning LLC

Capital Wealth Planning LLC boosted its stake in ASML Holding (NASDAQ:ASML) by 77.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,866 shares of the semiconductor company’s stock after acquiring an additional 816 shares during the period. Capital Wealth Planning LLC’s holdings in ASML were worth $1,908,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in ASML. Aveo Capital Partners LLC increased its position in ASML by 25.7% in the 4th quarter. Aveo Capital Partners LLC now owns 636 shares of the semiconductor company’s stock valued at $481,000 after acquiring an additional 130 shares during the period. Charles Schwab Investment Management Inc. increased its position in ASML by 16.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 37,168 shares of the semiconductor company’s stock worth $28,133,000 after purchasing an additional 5,297 shares during the period. Beacon Pointe Advisors LLC increased its position in ASML by 22.1% during the 4th quarter. Beacon Pointe Advisors LLC now owns 2,050 shares of the semiconductor company’s stock worth $1,552,000 after purchasing an additional 371 shares during the period. Kingsview Wealth Management LLC increased its position in ASML by 27.8% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,365 shares of the semiconductor company’s stock worth $1,033,000 after purchasing an additional 297 shares during the period. Finally, NorthRock Partners LLC acquired a new position in ASML during the 4th quarter worth approximately $311,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the topic of several recent analyst reports. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. JPMorgan Chase & Co. boosted their price target on ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research note on Thursday, July 18th. Wells Fargo & Company boosted their price target on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research note on Monday, June 17th. Finally, Susquehanna boosted their price target on ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research note on Thursday, July 11th. Three equities 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 stock. According to data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average target price of $1,147.80.

ASML Trading Up 2.0 %

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

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

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were issued a dividend of $1.8732 per share. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.92%. This is an increase from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. ASML’s dividend payout ratio is presently 28.50%.

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.