Moloney Securities Asset Management LLC Boosts Holdings in ASML Holding (NASDAQ:ASML)

Moloney Securities Asset Management LLC boosted its stake in ASML Holding (NASDAQ:ASML) by 5.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 665 shares of the semiconductor company’s stock after acquiring an additional 34 shares during the period. Moloney Securities Asset Management LLC’s holdings in ASML were worth $680,000 as of its most recent filing with the SEC.

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

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ASML. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Susquehanna raised their price objective on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a report on Thursday, July 11th. Wells Fargo & Company boosted their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. Finally, JPMorgan Chase & Co. increased their target price on ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research report on Thursday, July 18th. Two investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average price target of $1,147.80.

ASML Trading Up 1.8 %

ASML stock opened at $903.87 on Friday. The stock has a market cap of $356.66 billion, a P/E ratio of 46.16, a PEG ratio of 1.87 and a beta of 1.49. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,110.09. The firm’s fifty day moving average price is $948.13 and its 200-day moving average price is $954.21. 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 (NASDAQ:ASML) last announced its 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. The business had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. The company’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same period in the prior year, the company earned $5.37 EPS. Equities research analysts forecast that ASML Holding will post 20.3 earnings per share for the current fiscal 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 given a dividend of $1.8732 per share. The ex-dividend date was Monday, July 29th. 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 0.83%. ASML’s payout ratio is presently 28.50%.

ASML 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.