Lee Johnson Capital Management LLC Acquires Shares of 3,076 ASML Holding N.V. $ASML

Key Points

• Lee Johnson Capital Management acquired 3,076 ASML shares worth approximately $6.12 million, making the semiconductor equipment maker 1.9% of its portfolio and its 17th-largest holding.
• Analysts remain broadly positive: ASML has an overall “Moderate Buy” rating, with an average price target of $1,970.33; several firms recently raised their targets or upgraded the stock.
• ASML shares opened at $1,802.98, near their 52-week high, while the company reported $10.64 billion in quarterly revenue, an 8.65 EPS result, and a 30.11% net margin. Its annualized dividend is $8.60 per share, yielding approximately 0.5%.

Lee Johnson Capital Management LLC purchased a new position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,076 shares of the semiconductor company's stock, valued at approximately $6,120,000. ASML comprises 1.9% of Lee Johnson Capital Management LLC's holdings, making the stock its 17th biggest holding.

Other institutional investors also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC acquired a new stake in shares of ASML in the fourth quarter valued at approximately $26,000. Portus Wealth Advisors LLC acquired a new position in shares of ASML in the 1st quarter valued at $32,000. Resources Management Corp CT ADV increased its holdings in shares of ASML by 1,150.0% in the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company's stock valued at $27,000 after acquiring an additional 23 shares during the period. North Star Investment Management Corp. raised its position in ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 11 shares during the last quarter. Finally, Jessup Wealth Management Inc purchased a new stake in ASML in the 4th quarter valued at $30,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Ratings Changes

ASML has been the topic of several research reports. Morgan Stanley reissued an "overweight" rating on shares of ASML in a research report on Tuesday, July 7th. Royal Bank Of Canada increased their target price on shares of ASML from $1,700.00 to $2,000.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 14th. Berenberg Bank reaffirmed a "buy" rating on shares of ASML in a report on Friday, May 8th. Sanford C. Bernstein lifted their price objective on shares of ASML from $1,971.00 to $2,623.00 and gave the company an "outperform" rating in a research report on Monday, July 6th. Finally, DZ Bank raised shares of ASML from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 16th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $1,970.33.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,802.98 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. ASML Holding N.V. has a one year low of $716.20 and a one year high of $1,999.96. The firm has a market capitalization of $709.08 billion, a P/E ratio of 56.10, a PEG ratio of 0.92 and a beta of 1.79. The company's fifty day moving average is $1,784.83 and its two-hundred day moving average is $1,573.92.

ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The company had revenue of $10.64 billion during the quarter. Analysts forecast that ASML Holding N.V. will post 44.85 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were given a dividend of $2.1507 per share. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, July 28th. ASML's payout ratio is currently 22.62%.

About ASML

ASML Holding N.V. NASDAQ: ASML is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML's product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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