ASML Holding (NASDAQ:ASML) Stake Lowered by SYSTM Wealth Solutions LLC

SYSTM Wealth Solutions LLC trimmed its position in shares of ASML Holding (NASDAQ:ASML) by 65.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 579 shares of the semiconductor company’s stock after selling 1,084 shares during the period. SYSTM Wealth Solutions LLC’s holdings in ASML were worth $592,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. American Capital Advisory LLC acquired a new stake in shares of ASML during the 1st quarter valued at about $26,000. WD Rutherford LLC acquired a new stake in ASML in the first quarter valued at approximately $29,000. Triad Wealth Partners LLC bought a new stake in ASML in the second quarter worth approximately $31,000. First Community Trust NA acquired a new position in shares of ASML during the 2nd quarter worth $34,000. Finally, POM Investment Strategies LLC bought a new position in shares of ASML during the 2nd quarter valued at $36,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 2.2 %

Shares of ASML stock opened at $787.84 on Thursday. The stock has a 50 day moving average of $881.39 and a 200-day moving average of $942.06. The firm has a market cap of $310.87 billion, a PE ratio of 40.24, a price-to-earnings-growth ratio of 1.96 and a beta of 1.49. 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 Holding has a 12 month low of $563.99 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share 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 the consensus estimate of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The business’s revenue was down 9.5% on a year-over-year basis. During the same period in the prior year, the firm earned $5.37 EPS. On average, equities analysts predict that ASML Holding will post 20.38 EPS for the current year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were paid a dividend of $1.8732 per share. This represents a $7.49 annualized dividend and a yield of 0.95%. This is a positive change from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. ASML’s payout ratio is currently 28.50%.

Wall Street Analysts Forecast Growth

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

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.