Peterson Wealth Services Has $5 Million Stock Position in ASML Holding N.V. (NASDAQ:ASML)

Peterson Wealth Services boosted its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 42.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,540 shares of the semiconductor company's stock after purchasing an additional 2,244 shares during the period. ASML makes up 1.5% of Peterson Wealth Services' holdings, making the stock its 19th biggest holding. Peterson Wealth Services' holdings in ASML were worth $4,996,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in ASML. Wealthcare Advisory Partners LLC lifted its position in shares of ASML by 12.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock worth $266,000 after buying an additional 44 shares during the last quarter. Rhumbline Advisers grew its stake in shares of ASML by 12.7% during the 1st quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock worth $5,571,000 after purchasing an additional 947 shares during the period. Sequoia Financial Advisors LLC grew its stake in ASML by 1.6% in the 1st quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company's stock valued at $2,304,000 after acquiring an additional 55 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in ASML by 2.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company's stock valued at $22,806,000 after acquiring an additional 763 shares during the last quarter. Finally, Novo Holdings A S grew its stake in ASML by 24.4% in the 4th quarter. Novo Holdings A S now owns 165,836 shares of the semiconductor company's stock valued at $114,938,000 after acquiring an additional 32,500 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Stock Down 2.0%

NASDAQ:ASML traded down $14.20 during mid-day trading on Tuesday, reaching $705.48. The stock had a trading volume of 3,420,141 shares, compared to its average volume of 1,762,851. The business's 50 day moving average is $769.62 and its 200 day moving average is $728.20. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $945.05. The stock has a market cap of $277.55 billion, a P/E ratio of 29.44, a PEG ratio of 1.49 and a beta of 1.73. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS 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 firm had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.72 billion. During the same period in the prior year, the business earned $4.01 EPS. The company's revenue for the quarter was up 23.2% compared to the same quarter last year. As a group, sell-side analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th will be given a $1.856 dividend. This represents a $7.42 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Tuesday, July 29th. This is a positive change from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio is 29.67%.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Wells Fargo & Company lifted their price target on shares of ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Jefferies Financial Group downgraded shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Sanford C. Bernstein began coverage on shares of ASML in a report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price objective for the company. Citigroup reaffirmed a "buy" rating on shares of ASML in a report on Monday, May 19th. Finally, Susquehanna decreased their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Six investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $923.80.

ASML Profile

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.