Wealthstream Advisors Inc. Increases Stock Position in ASML Holding N.V. $ASML

Wealthstream Advisors Inc. grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 7.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 477 shares of the semiconductor company’s stock after buying an additional 35 shares during the quarter. Wealthstream Advisors Inc.’s holdings in ASML were worth $382,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Putney Financial Group LLC grew its stake in shares of ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 29 shares during the period. Banque Cantonale Vaudoise purchased a new stake in ASML during the 1st quarter worth $27,000. Maseco LLP purchased a new stake in ASML during the 2nd quarter worth $32,000. Knuff & Co LLC purchased a new stake in ASML during the 1st quarter worth $33,000. Finally, Costello Asset Management INC boosted its position in ASML by 147.1% during the 2nd quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 25 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ASML has been the subject of a number of research reports. Morgan Stanley raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 22nd. Wells Fargo & Company upped their price target on shares of ASML from $1,105.00 to $1,140.00 and gave the stock an “overweight” rating in a research report on Thursday. Barclays reaffirmed an “overweight” rating on shares of ASML in a research report on Tuesday, September 30th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday. Finally, Hsbc Global Res raised shares of ASML to a “strong-buy” rating in a research report on Monday, October 6th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus target price of $1,051.60.

ASML Stock Performance

Shares of ASML stock opened at $1,029.27 on Friday. The firm has a market cap of $404.79 billion, a PE ratio of 41.89, a price-to-earnings-growth ratio of 1.72 and a beta of 1.87. The firm’s 50-day simple moving average is $864.28 and its 200-day simple moving average is $774.02. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.81 and a current ratio of 1.31. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,059.00.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. The business had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the prior year, the business posted $5.28 EPS. Equities analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Wednesday, October 29th will be issued a dividend of $1.857 per share. The ex-dividend date is Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. ASML’s payout ratio is 25.56%.

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.