ASML Holding (NASDAQ:ASML) Shares Bought by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC raised its holdings in shares of ASML Holding (NASDAQ:ASML) by 6.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 590 shares of the semiconductor company’s stock after purchasing an additional 34 shares during the period. EverSource Wealth Advisors LLC’s holdings in ASML were worth $553,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Aveo Capital Partners LLC boosted 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 acquiring an additional 130 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its stake in ASML by 13.6% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,711 shares of the semiconductor company’s stock valued at $2,052,000 after purchasing an additional 324 shares in the last quarter. Johnson Financial Group Inc. raised its holdings in shares of ASML by 3,575.0% in the fourth quarter. Johnson Financial Group Inc. now owns 147 shares of the semiconductor company’s stock worth $111,000 after buying an additional 143 shares during the last quarter. Hilltop Holdings Inc. acquired a new stake in shares of ASML during the fourth quarter worth $319,000. Finally, Parallel Advisors LLC grew its holdings in shares of ASML by 4.0% during the fourth quarter. Parallel Advisors LLC now owns 2,052 shares of the semiconductor company’s stock valued at $1,553,000 after buying an additional 79 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on ASML shares. Wells Fargo & Company boosted their price target on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note 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 lowered shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. JPMorgan Chase & Co. increased their price objective on shares of ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research note on Thursday, July 18th. Finally, Morgan Stanley downgraded shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday. Four 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, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,147.80.

ASML Stock Performance

ASML opened at $803.50 on Tuesday. The stock has a market cap of $317.05 billion, a P/E ratio of 41.04, 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. The firm has a fifty day moving average price of $865.70 and a 200 day moving average price of $937.49. ASML Holding has a 1 year low of $563.99 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, topping the consensus estimate 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 period in the prior year, the company posted $5.37 EPS. The company’s revenue for the quarter was down 9.5% on a year-over-year basis. Equities research analysts anticipate that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were given a $1.8732 dividend. The ex-dividend date was Monday, July 29th. This is a boost from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.93%. 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.