Transatlantique Private Wealth LLC Grows Holdings in ASML Holding (NASDAQ:ASML)

Transatlantique Private Wealth LLC boosted its holdings in shares of ASML Holding (NASDAQ:ASML) by 0.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,078 shares of the semiconductor company’s stock after purchasing an additional 19 shares during the quarter. Transatlantique Private Wealth LLC’s holdings in ASML were worth $2,114,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in ASML. Thrivent Financial for Lutherans boosted its stake in ASML by 176.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,306 shares of the semiconductor company’s stock valued at $2,358,000 after acquiring an additional 1,472 shares during the last quarter. Sei Investments Co. grew its holdings in shares of ASML by 6.1% during the second quarter. Sei Investments Co. now owns 208,350 shares of the semiconductor company’s stock valued at $213,088,000 after purchasing an additional 11,907 shares during the last quarter. AE Wealth Management LLC raised its position in shares of ASML by 17.0% during the 2nd quarter. AE Wealth Management LLC now owns 1,632 shares of the semiconductor company’s stock worth $1,668,000 after purchasing an additional 237 shares during the period. King Luther Capital Management Corp lifted its holdings in shares of ASML by 11.2% in the 2nd quarter. King Luther Capital Management Corp now owns 1,053 shares of the semiconductor company’s stock worth $1,077,000 after purchasing an additional 106 shares during the last quarter. Finally, Elite Wealth Management Inc. boosted its position in ASML by 15.0% during the 2nd quarter. Elite Wealth Management Inc. now owns 4,971 shares of the semiconductor company’s stock valued at $5,084,000 after purchasing an additional 650 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ASML shares. Susquehanna boosted their price target on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a report on Thursday, July 11th. Wells Fargo & Company upped their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. UBS Group lowered shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday. Finally, Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Four equities 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 stock. According to MarketBeat, the company has an average 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 firm has a market capitalization of $313.81 billion, a PE ratio of 40.62, a P/E/G ratio of 1.96 and a beta of 1.49. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.52 and a quick ratio of 0.84. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,110.09. The company’s 50 day simple moving average is $870.91 and its 200 day simple moving average is $939.86.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.87 by $0.14. The company had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. The firm’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same period last year, the firm earned $5.37 EPS. As a group, equities research analysts forecast that ASML Holding will post 20.38 EPS for the current fiscal 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 $1.8732 dividend. This represents a $7.49 dividend on an annualized basis and a yield of 0.94%. 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 dividend payout ratio is presently 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.