Private Wealth Partners LLC Grows Position in ASML Holding N.V. $ASML

Private Wealth Partners LLC lifted its stake in ASML Holding N.V. (NASDAQ:ASML) by 5.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 510 shares of the semiconductor company’s stock after acquiring an additional 28 shares during the period. Private Wealth Partners LLC’s holdings in ASML were worth $409,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in ASML. Creative Financial Designs Inc. ADV raised its position in shares of ASML by 29.8% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 109 shares of the semiconductor company’s stock worth $72,000 after acquiring an additional 25 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of ASML by 131.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 16,442 shares of the semiconductor company’s stock worth $10,972,000 after acquiring an additional 9,340 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in shares of ASML by 19.4% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 15,135 shares of the semiconductor company’s stock worth $10,029,000 after acquiring an additional 2,454 shares in the last quarter. Sovran Advisors LLC raised its position in shares of ASML by 12.7% in the 1st quarter. Sovran Advisors LLC now owns 1,277 shares of the semiconductor company’s stock worth $818,000 after acquiring an additional 144 shares in the last quarter. Finally, Root Financial Partners LLC bought a new position in shares of ASML in the 1st quarter worth $221,000. 26.07% of the stock is owned by institutional investors.

ASML Stock Up 2.6%

Shares of ASML stock opened at $1,059.98 on Tuesday. The stock’s 50-day simple moving average is $899.17 and its 200-day simple moving average is $792.01. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The firm has a market capitalization of $416.87 billion, a PE ratio of 43.14, a P/E/G ratio of 1.70 and a beta of 1.87. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,060.73.

ASML (NASDAQ:ASML) last announced its quarterly earnings data 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 for 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 revenue was up .7% on a year-over-year basis. During the same period in the prior year, the company earned $5.28 earnings per share. Equities analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently commented on ASML shares. Wells Fargo & Company boosted their price target on ASML from $1,105.00 to $1,140.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. Morningstar lowered ASML to a “hold” rating in a research report on Thursday, September 18th. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, October 15th. Hsbc Global Res raised ASML to a “strong-buy” rating in a research report on Monday, October 6th. Finally, Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Monday, October 13th. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus price target of $1,051.60.

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.