MW Advisory LLC Takes $1.38 Million Position in ASML Holding N.V. $ASML

Key Points

• MW Advisory LLC purchased 691 ASML shares during the second quarter, establishing a position valued at approximately $1.38 million. Other institutional investors also increased or initiated holdings, with institutions and hedge funds owning 26.07% of the company.
• Analyst sentiment remains favorable but mixed: ASML has a consensus “Moderate Buy” rating and an average price target of $1,970.33, despite recent downgrades from Wall Street Zen and Morningstar.
• ASML reported quarterly revenue of $10.62 billion and EPS of $8.65, with a 30.11% net margin and 52.71% return on equity. The company’s annualized dividend is $8.60 per share, representing a 0.5% yield.

MW Advisory LLC bought a new position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 691 shares of the semiconductor company's stock, valued at approximately $1,375,000.

Several other institutional investors have also modified their holdings of the business. OceanIQ Capital LLC purchased a new stake in ASML during the 2nd quarter worth approximately $846,000. Blalock Williams LLC boosted its stake in shares of ASML by 5.0% during the 2nd quarter. Blalock Williams LLC now owns 189 shares of the semiconductor company's stock valued at $376,000 after buying an additional 9 shares during the last quarter. Plan A Wealth LLC boosted its stake in shares of ASML by 9.1% during the 2nd quarter. Plan A Wealth LLC now owns 528 shares of the semiconductor company's stock valued at $1,050,000 after buying an additional 44 shares during the last quarter. Shum Financial Group Inc. grew its position in shares of ASML by 57.8% during the second quarter. Shum Financial Group Inc. now owns 415 shares of the semiconductor company's stock worth $826,000 after buying an additional 152 shares in the last quarter. Finally, Investor s Fiduciary Advisor Network LLC acquired a new stake in shares of ASML during the second quarter worth approximately $238,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. UBS Group reaffirmed a "buy" rating on shares of ASML in a report on Wednesday, July 1st. Berenberg Bank reissued a "buy" rating on shares of ASML in a research report on Friday, May 8th. Wall Street Zen lowered shares of ASML from a "buy" rating to a "hold" rating in a research note on Saturday, August 15th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of ASML in a research report on Friday, July 10th. Finally, Morningstar lowered ASML to a "sell" rating in a report on Wednesday, May 27th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, ASML presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,970.33.

ASML Stock Up 4.2%

ASML stock opened at $1,714.88 on Friday. The firm has a market cap of $674.43 billion, a price-to-earnings ratio of 53.36, a PEG ratio of 0.81 and a beta of 1.79. ASML Holding N.V. has a 1-year low of $766.24 and a 1-year high of $1,999.96. The firm has a fifty day moving average price of $1,751.00 and a two-hundred day moving average price of $1,600.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80.

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. ASML had a net margin of 30.11% and a return on equity of 52.71%. The company had revenue of $10.62 billion for the quarter. Research analysts predict that ASML Holding N.V. will post 44.99 EPS for the current year.

ASML Cuts Dividend

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

Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source