ASML Holding (NASDAQ:ASML) Stake Reduced by Advisor OS LLC

Advisor OS LLC reduced its stake in shares of ASML Holding (NASDAQ:ASML) by 13.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,262 shares of the semiconductor company’s stock after selling 201 shares during the quarter. Advisor OS LLC’s holdings in ASML were worth $1,291,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ASML. American Capital Advisory LLC bought a new position in shares of ASML in the first quarter worth $26,000. WD Rutherford LLC bought a new position in shares of ASML in the first quarter worth $29,000. Triad Wealth Partners LLC bought a new position in shares of ASML in the second quarter worth $31,000. First Community Trust NA bought a new position in shares of ASML in the second quarter worth $34,000. Finally, POM Investment Strategies LLC bought a new position in shares of ASML in the second quarter worth $36,000. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Down 5.4 %

Shares of ASML stock opened at $752.79 on Friday. The stock has a 50-day moving average price of $925.80 and a 200 day moving average price of $950.52. The company has a market cap of $297.04 billion, a P/E ratio of 38.45, a P/E/G ratio of 1.91 and a beta of 1.49. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. ASML Holding has a 1 year low of $563.99 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.87 by $0.14. The firm 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%. The business’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same period in the prior year, the business earned $5.37 EPS. As a group, analysts expect that ASML Holding will post 20.3 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were given a $1.8732 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 annualized dividend and a yield of 1.00%. The ex-dividend date was Monday, July 29th. ASML’s dividend payout ratio is presently 28.50%.

Analysts Set New Price Targets

ASML has been the subject of several recent analyst reports. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Wells Fargo & Company upped their target price on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. JPMorgan Chase & Co. upped their target price on ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a report on Thursday, July 18th. Finally, Susquehanna upped their target price on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a report on Thursday, July 11th. Three investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,147.80.

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.