Vanguard Personalized Indexing Management LLC Raises Stock Holdings in ASML Holding (NASDAQ:ASML)

Vanguard Personalized Indexing Management LLC increased its holdings in shares of ASML Holding (NASDAQ:ASML) by 12.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,625 shares of the semiconductor company’s stock after acquiring an additional 1,531 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in ASML were worth $13,905,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. American Capital Advisory LLC purchased a new position in ASML during the first quarter worth about $26,000. WD Rutherford LLC acquired a new stake in ASML during the first quarter worth about $29,000. Triad Wealth Partners LLC acquired a new stake in ASML during the second quarter worth about $31,000. Beaird Harris Wealth Management LLC acquired a new stake in ASML during the fourth quarter worth about $34,000. Finally, First Community Trust NA acquired a new stake in ASML during the second quarter worth about $34,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ASML. Wells Fargo & Company increased their target price on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Susquehanna increased their target price on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research note on Thursday, July 11th. UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Finally, JPMorgan Chase & Co. raised their price objective on ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $1,147.80.

ASML Trading Up 0.3 %

ASML stock opened at $805.69 on Wednesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52. The business’s 50-day simple moving average is $887.62 and its 200-day simple moving average is $943.15. The firm has a market capitalization of $317.92 billion, a PE ratio of 41.15, a PEG ratio of 1.96 and a beta of 1.49. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (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 firm had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. During the same period in the previous year, the company posted $5.37 earnings per share. The company’s quarterly revenue was down 9.5% compared to the same quarter last year. Equities research analysts forecast that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were paid 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 dividend yield of 0.93%. The ex-dividend date was Monday, July 29th. ASML’s dividend payout ratio is currently 28.50%.

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.