Exencial Wealth Advisors LLC Has $12.52 Million Stock Position in ASML Holding N.V. $ASML

Exencial Wealth Advisors LLC trimmed its position in ASML Holding N.V. (NASDAQ:ASML) by 2.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,626 shares of the semiconductor company’s stock after selling 408 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in ASML were worth $12,522,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. increased its holdings in ASML by 26.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock valued at $631,079,000 after buying an additional 199,740 shares during the period. Dimensional Fund Advisors LP lifted its position in ASML by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company’s stock worth $600,175,000 after buying an additional 7,164 shares in the last quarter. Invesco Ltd. lifted its position in ASML by 101.0% during the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock worth $484,562,000 after buying an additional 367,505 shares in the last quarter. Fayez Sarofim & Co lifted its position in ASML by 2.7% during the 1st quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company’s stock worth $470,910,000 after buying an additional 18,516 shares in the last quarter. Finally, First Manhattan CO. LLC. lifted its position in ASML by 61.0% during the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock valued at $469,183,000 after purchasing an additional 268,172 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Trading Down 1.6%

Shares of ASML stock opened at $1,025.02 on Wednesday. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,059.00. The firm has a market cap of $403.12 billion, a PE ratio of 41.72, a P/E/G ratio of 1.72 and a beta of 1.87. The stock has a fifty day moving average price of $876.36 and a 200-day moving average price of $779.84. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70.

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

ASML Increases Dividend

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

Analyst Upgrades and Downgrades

ASML has been the topic of a number of analyst reports. Hsbc Global Res upgraded shares of ASML to a “strong-buy” rating in a research report on Monday, October 6th. UBS Group reissued a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. Wells Fargo & Company boosted their price target on ASML from $1,105.00 to $1,140.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Morgan Stanley raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. Finally, Arete Research upgraded ASML to a “strong-buy” rating in a report on Friday, September 12th. Three equities research 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 stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,051.60.

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.