Mosaic Family Wealth Partners LLC Has $2.87 Million Holdings in ASML Holding N.V. $ASML

Key Points

• Mosaic Family Wealth Partners increased its ASML stake by 217.6% in the second quarter, ending with 1,442 shares valued at approximately $2.87 million. Institutional investors and hedge funds collectively own 26.07% of the company.
• Analysts remain broadly positive on ASML, with an overall “Moderate Buy” rating and an average price target of $1,970.33, although Morningstar downgraded the stock to “sell.”
• ASML reported quarterly EPS of $8.65 on $10.64 billion in revenue, with a 30.11% net margin and 52.71% return on equity. The stock opened at $1,844.45, while its quarterly dividend equates to an annualized $8.60 payout and a 0.5% yield.

Mosaic Family Wealth Partners LLC raised its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 217.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,442 shares of the semiconductor company's stock after acquiring an additional 988 shares during the period. Mosaic Family Wealth Partners LLC's holdings in ASML were worth $2,869,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of ASML. Boston Common Asset Management LLC bought a new stake in shares of ASML during the 1st quarter worth approximately $4,355,000. Cambridge Investment Research Advisors Inc. increased its stake in ASML by 3.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company's stock valued at $24,036,000 after acquiring an additional 760 shares during the last quarter. Keudell Morrison Wealth Management acquired a new position in ASML during the fourth quarter valued at approximately $1,402,000. Keybank National Association OH raised its position in ASML by 21.3% during the fourth quarter. Keybank National Association OH now owns 65,354 shares of the semiconductor company's stock valued at $69,920,000 after purchasing an additional 11,459 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC lifted its stake in ASML by 507.0% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 2,695 shares of the semiconductor company's stock worth $2,883,000 after purchasing an additional 2,251 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ASML shares. The Goldman Sachs Group reaffirmed a "buy" rating on shares of ASML in a report on Thursday, June 11th. JPMorgan Chase & Co. upped their price objective on ASML from $2,200.00 to $2,400.00 and gave the stock an "overweight" rating in a research report on Thursday, July 16th. Royal Bank Of Canada raised their price objective on ASML from $1,700.00 to $2,000.00 and gave the company an "outperform" rating in a research note on Tuesday, July 14th. UBS Group reiterated a "buy" rating on shares of ASML in a research report on Wednesday, July 1st. Finally, Morningstar downgraded ASML to a "sell" rating in a research note on Wednesday, May 27th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $1,970.33.

ASML Stock Performance

NASDAQ:ASML opened at $1,844.45 on Monday. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09. The company has a fifty day moving average of $1,781.65 and a 200-day moving average of $1,568.23. The firm has a market capitalization of $725.39 billion, a P/E ratio of 57.39, a P/E/G ratio of 0.92 and a beta of 1.79. ASML Holding N.V. has a twelve month low of $716.20 and a twelve month high of $1,999.96.

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

ASML Cuts Dividend

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