Geneos Wealth Management Inc. Increases Stock Holdings in ASML Holding N.V. $ASML

Geneos Wealth Management Inc. boosted its stake in ASML Holding N.V. (NASDAQ:ASML) by 242.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,776 shares of the semiconductor company’s stock after acquiring an additional 4,798 shares during the period. Geneos Wealth Management Inc.’s holdings in ASML were worth $5,430,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Daymark Wealth Partners LLC grew its holdings in ASML by 25.3% during the second quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock valued at $3,738,000 after purchasing an additional 941 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in shares of ASML by 6.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 18,899 shares of the semiconductor company’s stock worth $15,153,000 after buying an additional 1,225 shares during the period. Acadian Asset Management LLC lifted its position in shares of ASML by 97.6% during the 1st quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company’s stock valued at $101,978,000 after buying an additional 76,023 shares in the last quarter. Soltis Investment Advisors LLC grew its stake in shares of ASML by 67.9% during the 2nd quarter. Soltis Investment Advisors LLC now owns 4,199 shares of the semiconductor company’s stock valued at $3,365,000 after acquiring an additional 1,698 shares during the period. Finally, Prospera Financial Services Inc increased its holdings in ASML by 115.9% in the 2nd quarter. Prospera Financial Services Inc now owns 5,144 shares of the semiconductor company’s stock worth $4,125,000 after acquiring an additional 2,761 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Down 3.7%

Shares of ASML stock opened at $1,080.85 on Monday. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $425.08 billion, a price-to-earnings ratio of 43.99, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,141.72. The stock’s 50-day moving average price is $1,039.93 and its 200-day moving average price is $877.67.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, beating the consensus estimate of $6.27 by $0.14. The business had revenue of $8.80 billion during the quarter, compared to analysts’ expectations of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm’s revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter last year, the business posted $5.28 EPS. Equities research analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm 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 annualized dividend and a yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is 25.80%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on ASML shares. Susquehanna lifted their price target on shares of ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a report on Friday, October 10th. Barclays reissued a “neutral” rating on shares of ASML in a research note on Wednesday, November 26th. HSBC restated a “buy” rating on shares of ASML in a research note on Friday, October 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research note on Wednesday, December 10th. Finally, Morningstar cut ASML to a “hold” rating in a report on Thursday, September 18th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,171.83.

ASML 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.