Lyell Wealth Management LP Has $15.59 Million Position in ASML Holding N.V. $ASML

Lyell Wealth Management LP lowered its holdings in ASML Holding N.V. (NASDAQ:ASML) by 0.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,457 shares of the semiconductor company’s stock after selling 26 shares during the period. ASML makes up 1.2% of Lyell Wealth Management LP’s portfolio, making the stock its 24th biggest position. Lyell Wealth Management LP’s holdings in ASML were worth $15,593,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. UMB Bank n.a. boosted its position in ASML by 4.3% during the 2nd quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock worth $254,000 after acquiring an additional 13 shares during the period. Rossmore Private Capital lifted its position in shares of ASML by 0.3% in the first quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock worth $2,880,000 after purchasing an additional 14 shares in the last quarter. Baring Financial LLC boosted its holdings in shares of ASML by 2.8% during the second quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock worth $409,000 after purchasing an additional 14 shares during the period. Sage Mountain Advisors LLC grew its position in ASML by 2.6% during the first quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company’s stock valued at $399,000 after purchasing an additional 15 shares in the last quarter. Finally, Manchester Capital Management LLC increased its stake in ASML by 15.2% in the 1st quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company’s stock valued at $76,000 after buying an additional 15 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

NASDAQ ASML opened at $1,029.27 on Monday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,059.00. The stock’s 50-day moving average is $864.28 and its two-hundred day moving average is $775.08. The firm has a market cap of $404.79 billion, a P/E ratio of 41.89, a price-to-earnings-growth ratio of 1.70 and a beta of 1.87. 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 issued its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The business had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the prior year, the firm posted $5.28 EPS. The firm’s revenue for the quarter was up .7% on a year-over-year basis. On average, analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be given a $1.857 dividend. 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 dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, October 29th. ASML’s payout ratio is 25.56%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ASML shares. Barclays reissued an “overweight” rating on shares of ASML in a research note on Tuesday, September 30th. Weiss Ratings reissued a “hold (c+)” rating on shares of ASML in a research report on Wednesday, October 8th. Mizuho upgraded ASML from a “neutral” rating to an “outperform” rating in a research note on Monday, September 29th. Morgan Stanley raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. Finally, Morningstar cut ASML to a “hold” rating in a research note on Thursday, September 18th. 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. According to data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average price target of $1,051.60.

ASML Company 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.