Wealth Alliance LLC Lowers Position in ASML Holding N.V. $ASML

Wealth Alliance LLC decreased its position in ASML Holding N.V. (NASDAQ:ASML) by 5.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 2,000 shares of the semiconductor company’s stock after selling 120 shares during the period. Wealth Alliance LLC’s holdings in ASML were worth $1,603,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Goldman Sachs Group Inc. increased its stake in shares of ASML by 26.5% during the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock valued at $631,079,000 after purchasing an additional 199,740 shares in the last quarter. Dimensional Fund Advisors LP grew its position in ASML by 0.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company’s stock valued at $600,175,000 after acquiring an additional 7,164 shares during the last quarter. Invesco Ltd. raised its position in ASML by 101.0% during the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock valued at $484,562,000 after purchasing an additional 367,505 shares in the last quarter. Fayez Sarofim & Co lifted its stake in shares of ASML by 2.7% during the 1st quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company’s stock worth $470,910,000 after purchasing an additional 18,516 shares during the last quarter. Finally, First Manhattan CO. LLC. boosted its position in shares of ASML by 61.0% in the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock worth $469,183,000 after purchasing an additional 268,172 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $1,022.42 on Wednesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The stock has a market cap of $402.10 billion, a PE ratio of 41.61, a P/E/G ratio of 1.76 and a beta of 1.88. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,086.11. The stock has a fifty day moving average price of $964.38 and a 200 day moving average price of $823.24.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping the consensus estimate of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The business had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same period in the previous year, the firm earned $5.28 EPS. The business’s revenue for the quarter was up .7% compared to the same quarter last year. Sell-side analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were paid a $1.857 dividend. This represents a $7.43 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio is presently 25.76%.

Wall Street Analyst Weigh In

ASML has been the subject of several recent analyst reports. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research note on Friday, October 10th. Redburn Partners set a $1,200.00 price objective on ASML in a research note on Friday. Rothschild & Co Redburn upgraded ASML from a “neutral” rating to a “buy” rating in a research note on Friday, November 7th. Erste Group Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Monday, September 22nd. Finally, Evercore ISI reiterated an “outperform” rating on shares of ASML in a report on Thursday, October 16th. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,076.33.

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.