AE Wealth Management LLC Buys 465 Shares of ASML Holding N.V. $ASML

AE Wealth Management LLC lifted its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 18.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,054 shares of the semiconductor company’s stock after buying an additional 465 shares during the quarter. AE Wealth Management LLC’s holdings in ASML were worth $2,447,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in ASML. Princeton Global Asset Management LLC lifted its stake in ASML by 153.8% during 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 during the last quarter. Banque Cantonale Vaudoise bought a new stake in shares of ASML during the 1st quarter worth $27,000. Washington Trust Advisors Inc. lifted its position in shares of ASML by 129.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock worth $31,000 after buying an additional 22 shares during the last quarter. Maseco LLP acquired a new position in ASML during the second quarter worth about $32,000. Finally, Knuff & Co LLC bought a new position in shares of ASML in the first quarter worth about $33,000. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Rothschild & Co Redburn upgraded ASML from a “neutral” rating to a “buy” rating in a research report on Friday, November 7th. Susquehanna lifted their price target on ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a research note on Friday, October 10th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, October 15th. Arete Research upgraded shares of ASML to a “strong-buy” rating in a report on Friday, September 12th. Finally, Berenberg Bank reissued a “buy” rating on shares of ASML in a report on Thursday, October 16th. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,076.33.

ASML Stock Down 1.6%

ASML stock opened at $1,022.42 on Wednesday. The stock’s 50 day simple moving average is $964.38 and its 200 day simple moving average is $823.24. The company has a market cap of $402.10 billion, a P/E ratio of 41.61, a price-to-earnings-growth ratio of 1.76 and a beta of 1.88. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,086.11.

ASML (NASDAQ:ASML) last released 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 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 business’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the firm earned $5.28 earnings per share. On average, research analysts expect 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 was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were paid a dividend of $1.857 per share. This is an increase from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. ASML’s dividend payout ratio (DPR) is presently 25.76%.

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.