Larson Financial Group LLC Buys 416 Shares of ASML Holding N.V. (NASDAQ:ASML)

Larson Financial Group LLC grew its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 507.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 498 shares of the semiconductor company's stock after purchasing an additional 416 shares during the quarter. Larson Financial Group LLC's holdings in ASML were worth $330,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Putney Financial Group LLC lifted its holdings in 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 acquiring an additional 29 shares during the period. Wayfinding Financial LLC purchased a new stake in ASML in the first quarter worth $35,000. Pinnacle Bancorp Inc. purchased a new stake in ASML in the first quarter worth $42,000. Olde Wealth Management LLC purchased a new stake in ASML in the first quarter worth $42,000. Finally, Alpine Bank Wealth Management purchased a new stake in ASML in the first quarter worth $43,000. Institutional investors own 26.07% of the company's stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Barclays reissued an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Wells Fargo & Company boosted their target price on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Susquehanna reduced their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Sanford C. Bernstein began coverage on ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price for the company. Finally, Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Five research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $923.80.

ASML Price Performance

Shares of ASML traded down $10.33 during midday trading on Friday, reaching $734.58. The stock had a trading volume of 2,562,916 shares, compared to its average volume of 1,752,628. The company's 50-day moving average is $769.62 and its 200 day moving average is $728.01. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $945.05. The company has a current ratio of 1.43, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $289.00 billion, a price-to-earnings ratio of 30.66, a price-to-earnings-growth ratio of 1.49 and a beta of 1.73.

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

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th will be paid a dividend of $1.856 per share. This represents a $7.42 annualized dividend and a yield of 1.01%. This is an increase from ASML's previous quarterly dividend of $1.64. The ex-dividend date of this dividend is Tuesday, July 29th. ASML's dividend payout ratio (DPR) is currently 26.34%.

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.