ASML Holding N.V. (NASDAQ:ASML) Shares Bought by Dakota Wealth Management

Dakota Wealth Management increased its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 93.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,856 shares of the semiconductor company's stock after buying an additional 896 shares during the period. Dakota Wealth Management's holdings in ASML were worth $1,230,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Putney Financial Group LLC increased its stake in shares of ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after buying an additional 29 shares during the period. Wayfinding Financial LLC purchased a new stake in shares of ASML during the first quarter worth approximately $35,000. Pinnacle Bancorp Inc. purchased a new stake in shares of ASML during the first quarter worth approximately $42,000. Olde Wealth Management LLC purchased a new stake in shares of ASML during the first quarter worth approximately $42,000. Finally, Alpine Bank Wealth Management purchased a new stake in shares of ASML during the first quarter worth approximately $43,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Performance

Shares of ASML traded down $7.53 during mid-day trading on Friday, reaching $737.38. 982,539 shares of the company's stock were exchanged, compared to its average volume of 1,750,118. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91. The stock has a market capitalization of $290.10 billion, a PE ratio of 30.78, a price-to-earnings-growth ratio of 1.58 and a beta of 1.73. The business's fifty day simple moving average is $769.05 and its 200-day simple moving average is $727.48. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $957.21.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). ASML had a return on equity of 50.31% and a net margin of 26.95%. The business had revenue of $8.94 billion for the quarter, compared to analysts' expectations of $8.72 billion. During the same quarter last year, the business posted $4.01 earnings per share. The business's revenue was up 23.2% on a year-over-year basis. On average, equities research analysts expect 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 issued a dividend of $1.856 per share. The ex-dividend date of this dividend is Tuesday, July 29th. This is an increase from ASML's previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a dividend yield of 1.01%. ASML's dividend payout ratio (DPR) is currently 29.96%.

Analysts Set New Price Targets

A number of research firms recently weighed in on ASML. Barclays restated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Jefferies Financial Group lowered shares of ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Wells Fargo & Company increased their price target on shares of ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Susquehanna dropped their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Finally, Citigroup reiterated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $923.80.

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.