RVW Wealth LLC Makes New $429,000 Investment in ASML Holding N.V. (NASDAQ:ASML)

Key Points

• RVW Wealth LLC acquired 648 shares of ASML Holding N.V., valued at approximately $429,000, highlighting continued interest from institutional investors as they now own 26.07% of the company's stock.
• ASML reported a missing earnings estimate for the quarter with EPS of $4.55, below the expected $5.94, despite a revenue increase of 23.2% year-over-year to $8.94 billion.
• The company announced an increase in quarterly dividend to $1.856, reflecting a 1.03% yield and a payout ratio of 26.34%.

RVW Wealth LLC acquired a new stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 648 shares of the semiconductor company's stock, valued at approximately $429,000.

Several other large investors have also modified their holdings of the company. Norinchukin Bank The increased its position in ASML by 1.8% during the 4th quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock worth $594,000 after purchasing an additional 15 shares in the last quarter. Coppell Advisory Solutions LLC increased its position in ASML by 18.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock worth $67,000 after purchasing an additional 15 shares in the last quarter. Sage Mountain Advisors LLC increased its position in ASML by 2.6% during the 1st quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company's stock worth $399,000 after purchasing an additional 15 shares in the last quarter. Nilsine Partners LLC increased its position in ASML by 2.6% during the 1st quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock worth $418,000 after purchasing an additional 16 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its position in ASML by 3.2% during the 1st quarter. First Horizon Advisors Inc. now owns 516 shares of the semiconductor company's stock worth $342,000 after purchasing an additional 16 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently commented on the company. New Street Research upgraded ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. Citigroup restated a "buy" rating on shares of ASML in a report on Monday, May 19th. Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. DZ Bank cut ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. Finally, Erste Group Bank restated a "hold" rating on shares of ASML in a report on Wednesday, July 23rd. Seven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $923.80.

ASML Trading Down 3.7%

Shares of NASDAQ ASML traded down $26.74 during midday trading on Thursday, hitting $694.71. The stock had a trading volume of 2,882,588 shares, compared to its average volume of 2,405,936. The company has a market capitalization of $273.31 billion, a price-to-earnings ratio of 28.99, a PEG ratio of 1.46 and a beta of 1.73. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $945.05. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. The company has a fifty day moving average price of $763.17 and a 200 day moving average price of $726.77.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing the consensus estimate of $5.94 by ($1.39). The firm had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The business's revenue for the quarter was up 23.2% on a year-over-year basis. During the same period in the prior year, the firm earned $4.01 earnings per share. On average, analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th will be given a dividend of $1.856 per share. This is a boost from ASML's previous quarterly dividend of $1.64. The ex-dividend date of this dividend is Tuesday, July 29th. This represents a $7.42 annualized dividend and a yield of 1.1%. ASML's dividend payout ratio is presently 26.21%.

ASML Company 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.