Benchmark Financial Wealth Advisors LLC Takes Position in ASML Holding N.V. $ASML

Benchmark Financial Wealth Advisors LLC acquired a new position in shares of ASML Holding N.V. (NASDAQ:ASML) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 266 shares of the semiconductor company’s stock, valued at approximately $213,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Princeton Global Asset Management LLC raised its position in ASML by 153.8% in the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 20 shares in the last quarter. Washington Trust Advisors Inc. grew its stake in shares of ASML by 129.4% in the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 22 shares during the period. Maseco LLP bought a new stake in shares of ASML in the 2nd quarter valued at approximately $32,000. Banque Cantonale Vaudoise acquired a new position in shares of ASML in the 1st quarter worth approximately $27,000. Finally, Costello Asset Management INC lifted its position in shares of 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 buying an additional 25 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

ASML stock opened at $1,059.23 on Monday. The stock has a 50-day simple moving average of $924.66 and a 200 day simple moving average of $804.27. The stock has a market capitalization of $416.58 billion, a price-to-earnings ratio of 43.11, a P/E/G ratio of 1.76 and a beta of 1.87. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,086.11.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. The firm 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 was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.28 EPS. On average, research analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Wednesday, October 29th will be issued a $1.857 dividend. This is an increase 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 (DPR) is 25.76%.

Wall Street Analyst Weigh In

ASML has been the topic of several recent analyst reports. 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. Barclays restated an “overweight” rating on shares of ASML in a research note on Tuesday, September 30th. Morningstar cut shares of ASML to a “hold” rating in a research report on Thursday, September 18th. Mizuho raised shares of ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research report on Thursday, October 16th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average 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.