CW Advisors LLC Grows Stock Holdings in ASML Holding N.V. $ASML

CW Advisors LLC boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 34.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,761 shares of the semiconductor company’s stock after buying an additional 702 shares during the quarter. CW Advisors LLC’s holdings in ASML were worth $2,213,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of ASML. Princeton Global Asset Management LLC raised its position in shares of ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 20 shares in the last quarter. Pin Oak Investment Advisors Inc. acquired a new stake in ASML during the second quarter worth approximately $30,000. 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 shares of ASML in the 2nd quarter valued at $32,000. Finally, Costello Asset Management INC grew its position in shares of ASML by 147.1% in the 2nd quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 25 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ASML shares. Morningstar cut shares of ASML to a “hold” rating in a research report on Thursday, September 18th. Morgan Stanley raised ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, September 22nd. Zacks Research upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. HSBC reiterated a “buy” rating on shares of ASML in a research note on Friday, October 17th. Finally, Mizuho upgraded shares of ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, September 29th. Four research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,171.83.

ASML Stock Down 1.0%

ASML stock opened at $1,099.47 on Friday. The stock has a 50 day moving average of $1,028.77 and a two-hundred day moving average of $863.78. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,141.72. The stock has a market capitalization of $432.40 billion, a price-to-earnings ratio of 44.75, a PEG ratio of 1.71 and a beta of 1.87. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (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 $8.80 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the previous year, the company posted $5.28 earnings per share. The company’s revenue for the quarter was up .7% compared to the same quarter last year. As a group, research analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were given a dividend of $1.857 per share. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Wednesday, October 29th. This is an increase from ASML’s previous quarterly dividend of $1.86. ASML’s payout ratio is currently 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.