Allworth Financial LP Has $2.52 Million Stock Holdings in ASML Holding N.V. $ASML

Allworth Financial LP boosted its stake in ASML Holding N.V. (NASDAQ:ASML) by 130.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 3,147 shares of the semiconductor company’s stock after buying an additional 1,780 shares during the period. Allworth Financial LP’s holdings in ASML were worth $2,522,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Capstone Wealth Management Group LLC grew its position in shares of ASML by 5.2% in the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares during the last quarter. Principal Financial Group Inc. grew its holdings in ASML by 17.7% in the 1st quarter. Principal Financial Group Inc. now owns 11,802 shares of the semiconductor company’s stock valued at $7,820,000 after buying an additional 1,777 shares in the last quarter. New York State Common Retirement Fund increased its position in ASML by 696.0% during the 1st quarter. New York State Common Retirement Fund now owns 7,315 shares of the semiconductor company’s stock worth $4,847,000 after buying an additional 6,396 shares during the period. Stephens Inc. AR increased its position in ASML by 53.4% during the 1st quarter. Stephens Inc. AR now owns 2,760 shares of the semiconductor company’s stock worth $1,829,000 after buying an additional 961 shares during the period. Finally, CWM LLC lifted its holdings in shares of ASML by 9.3% during the first quarter. CWM LLC now owns 4,348 shares of the semiconductor company’s stock worth $2,881,000 after buying an additional 369 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on ASML. Redburn Partners set a $1,200.00 price target on shares of ASML in a research report on Friday, November 7th. Bank Degroof cut shares of ASML to a “hold” rating in a report on Friday, October 10th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. Barclays reissued an “overweight” rating on shares of ASML in a research report on Tuesday, September 30th. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a report on Thursday, October 16th. Four research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,076.33.

ASML Price Performance

ASML stock opened at $1,037.33 on Thursday. 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 52 week low of $578.51 and a 52 week high of $1,086.11. The stock has a market capitalization of $407.97 billion, a P/E ratio of 42.22, a price-to-earnings-growth ratio of 1.76 and a beta of 1.88. The stock has a fifty day moving average of $970.39 and a 200-day moving average of $824.74.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The firm had revenue of $8.71 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the prior year, the business earned $5.28 earnings per share. The business’s revenue for the quarter was up .7% compared to the same quarter last year. On average, sell-side 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 announced a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were given 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 yield of 0.7%. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is 25.76%.

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.