ASML Holding (NASDAQ:ASML) Shares Bought by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC lifted its position in shares of ASML Holding (NASDAQ:ASML) by 16.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,587 shares of the semiconductor company’s stock after purchasing an additional 220 shares during the period. Daymark Wealth Partners LLC’s holdings in ASML were worth $1,623,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ASML. Resources Management Corp CT ADV acquired a new position in ASML in the 2nd quarter worth $26,000. American Capital Advisory LLC acquired a new position in shares of ASML in the first quarter worth about $26,000. WD Rutherford LLC acquired a new position in shares of ASML in the 1st quarter valued at approximately $29,000. Triad Wealth Partners LLC acquired a new stake in ASML in the second quarter valued at $31,000. Finally, First Community Trust NA bought a new position in ASML during the 2nd quarter valued at $34,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on ASML. JPMorgan Chase & Co. boosted their target price on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Susquehanna raised their target price on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a report on Thursday, July 11th. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Finally, Morgan Stanley cut ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,147.80.

ASML Stock Up 4.2 %

NASDAQ ASML opened at $852.44 on Friday. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,110.09. The company has a market capitalization of $335.37 billion, a P/E ratio of 43.54, a PEG ratio of 1.97 and a beta of 1.49. The company’s 50 day simple moving average is $858.34 and its 200 day simple moving average is $935.40. 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 (NASDAQ:ASML) last posted 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 was down 9.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.37 earnings per share. Equities research analysts expect that ASML Holding will post 20.38 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed 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 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend was Monday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.34. ASML’s payout ratio is presently 28.55%.

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.