ASML Holding (NASDAQ:ASML) Shares Acquired by Capital Wealth Planning LLC

Capital Wealth Planning LLC lifted its stake in ASML Holding (NASDAQ:ASML) by 77.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,866 shares of the semiconductor company’s stock after buying an additional 816 shares during the quarter. Capital Wealth Planning LLC’s holdings in ASML were worth $1,908,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Angeles Investment Advisors LLC boosted its stake in shares of ASML by 24.6% in the second quarter. Angeles Investment Advisors LLC now owns 1,211 shares of the semiconductor company’s stock worth $1,239,000 after buying an additional 239 shares during the last quarter. Greenwich Wealth Management LLC boosted its position in ASML by 11.1% during the second quarter. Greenwich Wealth Management LLC now owns 621 shares of the semiconductor company’s stock worth $635,000 after purchasing an additional 62 shares in the last quarter. Brown Brothers Harriman & Co. boosted its position in ASML by 51.0% during the second quarter. Brown Brothers Harriman & Co. now owns 1,397 shares of the semiconductor company’s stock worth $1,429,000 after purchasing an additional 472 shares in the last quarter. Redwood Wealth Management Group LLC purchased a new position in ASML during the second quarter worth approximately $122,000. Finally, MayTech Global Investments LLC boosted its position in ASML by 2.4% during the second quarter. MayTech Global Investments LLC now owns 27,948 shares of the semiconductor company’s stock worth $28,583,000 after purchasing an additional 655 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

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

ASML Trading Up 2.0 %

ASML opened at $816.36 on Monday. The firm has a market cap of $322.13 billion, a P/E ratio of 41.69, a P/E/G ratio of 1.96 and a beta of 1.49. The business has a fifty day simple moving average of $898.19 and a 200-day simple moving average of $945.50. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,110.09. 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 (NASDAQ:ASML) last released its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.87 by $0.14. The firm had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. ASML’s revenue was down 9.5% compared to the same quarter last year. During the same period last year, the business posted $5.37 earnings per share. On average, equities analysts expect that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were issued a dividend of $1.8732 per share. This represents a $7.49 dividend on an annualized basis and a yield of 0.92%. This is an increase from ASML’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Monday, July 29th. ASML’s payout ratio is 28.50%.

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.