ASML Holding (NASDAQ:ASML) Position Boosted by Ieq Capital LLC

Ieq Capital LLC raised its holdings in shares of ASML Holding (NASDAQ:ASML) by 15.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,882 shares of the semiconductor company’s stock after acquiring an additional 662 shares during the period. Ieq Capital LLC’s holdings in ASML were worth $4,993,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in ASML. Aveo Capital Partners LLC lifted its holdings in ASML by 25.7% in the fourth quarter. Aveo Capital Partners LLC now owns 636 shares of the semiconductor company’s stock worth $481,000 after purchasing an additional 130 shares during the period. D.A. Davidson & CO. lifted its stake in shares of ASML by 1.1% in the 4th quarter. D.A. Davidson & CO. now owns 3,458 shares of the semiconductor company’s stock worth $2,618,000 after acquiring an additional 36 shares during the period. CreativeOne Wealth LLC boosted its holdings in shares of ASML by 17.8% in the fourth quarter. CreativeOne Wealth LLC now owns 570 shares of the semiconductor company’s stock valued at $431,000 after acquiring an additional 86 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of ASML by 14.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 15,606 shares of the semiconductor company’s stock valued at $11,813,000 after acquiring an additional 1,972 shares during the period. Finally, US Bancorp DE raised its holdings in ASML by 18.7% during the fourth quarter. US Bancorp DE now owns 32,103 shares of the semiconductor company’s stock worth $24,300,000 after purchasing an additional 5,064 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the subject of a number of research reports. Susquehanna increased their price target on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research note on Thursday, July 11th. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. JPMorgan Chase & Co. boosted their price target on shares of ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research report on Thursday, July 18th. Wells Fargo & Company upped their price target on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. Finally, Morgan Stanley cut shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,147.80.

ASML Price Performance

NASDAQ ASML opened at $795.28 on Friday. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. ASML Holding has a 1 year low of $563.99 and a 1 year high of $1,110.09. The company has a market cap of $313.81 billion, a PE ratio of 40.62, a PEG ratio of 1.96 and a beta of 1.49. The stock’s 50-day moving average price is $870.91 and its two-hundred day moving average price is $939.86.

ASML (NASDAQ:ASML) last released its quarterly 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. ASML had a net margin of 26.50% and a return on equity of 49.93%. The business had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. During the same quarter in the previous year, the business earned $5.37 earnings per share. The firm’s revenue was down 9.5% compared to the same quarter last year. On average, analysts predict that ASML Holding will post 20.38 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were given a dividend of $1.8732 per share. This represents a $7.49 annualized dividend and a yield of 0.94%. This is a positive change 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 presently 28.50%.

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.