ASML Holding (NASDAQ:ASML) Shares Purchased by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC lifted its holdings in ASML Holding (NASDAQ:ASML) by 1.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,720 shares of the semiconductor company’s stock after purchasing an additional 24 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in ASML were worth $1,759,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in ASML. American Capital Advisory LLC acquired a new stake in shares of ASML in the 1st quarter worth $26,000. WD Rutherford LLC acquired a new stake in ASML during the 1st quarter worth about $29,000. Triad Wealth Partners LLC acquired a new stake in ASML during the 2nd quarter worth about $31,000. Beaird Harris Wealth Management LLC acquired a new stake in ASML during the 4th quarter worth about $34,000. Finally, First Community Trust NA acquired a new stake in ASML during the 2nd quarter worth about $34,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML stock opened at $749.82 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,110.09. The business has a 50-day moving average price of $920.13 and a 200 day moving average price of $949.68. The firm has a market cap of $295.87 billion, a PE ratio of 38.30, a P/E/G ratio of 1.59 and a beta of 1.49.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.87 by $0.14. ASML had a return on equity of 49.93% and a net margin of 26.50%. The firm had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. During the same period in the previous year, the company posted $5.37 earnings per share. The business’s revenue was down 9.5% on a year-over-year basis. Sell-side analysts predict that ASML Holding will post 20.37 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were issued a dividend of $1.8732 per share. This is a positive change from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. This represents a $7.49 dividend on an annualized basis and a dividend yield of 1.00%. ASML’s dividend payout ratio is presently 28.50%.

Analysts Set New Price Targets

ASML has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their price target on ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research report on Thursday, July 18th. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Wells Fargo & Company lifted their price objective on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Finally, Susquehanna lifted their price objective on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research note on Thursday, July 11th. Three research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,147.80.

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.