SRS Capital Advisors Inc. Has $1.06 Million Holdings in ASML Holding (NASDAQ:ASML)

SRS Capital Advisors Inc. boosted its stake in shares of ASML Holding (NASDAQ:ASML) by 22.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,036 shares of the semiconductor company’s stock after purchasing an additional 187 shares during the quarter. SRS Capital Advisors Inc.’s holdings in ASML were worth $1,059,000 at the end of the most recent quarter.

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

ASML Price Performance

ASML stock traded down $42.81 during midday trading on Friday, reaching $752.79. The company’s stock had a trading volume of 3,286,765 shares, compared to its average volume of 1,244,682. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,110.09. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. The business has a 50-day moving average price of $925.80 and a 200-day moving average price of $950.52. The stock has a market cap of $297.04 billion, a PE ratio of 38.45, a price-to-earnings-growth ratio of 1.91 and a beta of 1.49.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, beating the consensus estimate of $3.87 by $0.14. ASML had a return on equity of 49.93% and a net margin of 26.50%. The business had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6 billion. During the same period in the prior year, the business posted $5.37 earnings per share. The firm’s revenue was down 9.5% on a year-over-year basis. On average, sell-side analysts predict that ASML Holding will post 20.3 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were paid a $1.8732 dividend. The ex-dividend date of this dividend 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 1.00%. ASML’s payout ratio is 28.50%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. UBS Group lowered shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday. JPMorgan Chase & Co. upped their target price on shares of ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a report on Thursday, July 18th. Wells Fargo & Company upped their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a report on Monday, June 17th. Susquehanna upped their target price 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. Finally, Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Three research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,147.80.

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.