Semus Wealth Partners LLC Takes Position in ASML Holding N.V. (NASDAQ:ASML)

Key Points

• Semus Wealth Partners LLC has made a $273,000 investment in ASML Holding N.V., acquiring 412 shares during the first quarter.
• ASML recently declared an increase in its quarterly dividend, raising it from $1.64 to $1.856 per share, reflecting its commitment to returning value to shareholders.
• The stock of ASML has seen significant institutional interest, with over 26% owned by institutional investors following various modifications in holdings by multiple funds.

Semus Wealth Partners LLC acquired a new stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 412 shares of the semiconductor company's stock, valued at approximately $273,000.

Several other institutional investors also recently bought and sold shares of ASML. Allen Investment Management LLC increased its position in shares of ASML by 24.5% during the first quarter. Allen Investment Management LLC now owns 66,336 shares of the semiconductor company's stock worth $43,956,000 after purchasing an additional 13,034 shares in the last quarter. FourThought Financial Partners LLC increased its position in shares of ASML by 23.7% during the first quarter. FourThought Financial Partners LLC now owns 12,734 shares of the semiconductor company's stock worth $8,438,000 after purchasing an additional 2,441 shares in the last quarter. HB Wealth Management LLC increased its position in shares of ASML by 29.8% during the first quarter. HB Wealth Management LLC now owns 6,171 shares of the semiconductor company's stock worth $4,090,000 after purchasing an additional 1,416 shares in the last quarter. DE Burlo Group Inc. increased its position in shares of ASML by 65.3% during the first quarter. DE Burlo Group Inc. now owns 34,860 shares of the semiconductor company's stock worth $23,099,000 after purchasing an additional 13,765 shares in the last quarter. Finally, Stevens Capital Management LP acquired a new position in shares of ASML during the first quarter worth $2,216,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

NASDAQ:ASML traded up $2.36 during mid-day trading on Wednesday, hitting $720.85. The company's stock had a trading volume of 586,328 shares, compared to its average volume of 1,759,273. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $945.05. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. The stock has a market cap of $283.60 billion, a price-to-earnings ratio of 30.12, a PEG ratio of 1.48 and a beta of 1.73. The business's fifty day moving average is $764.41 and its two-hundred day moving average is $727.03.

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

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th will be issued a dividend of $1.856 per share. This represents a $7.42 annualized dividend and a dividend yield of 1.03%. This is a positive change from ASML's previous quarterly dividend of $1.64. The ex-dividend date of this dividend is Tuesday, July 29th. ASML's payout ratio is 29.67%.

Analyst Ratings Changes

ASML has been the topic of a number of recent analyst reports. Sanford C. Bernstein initiated coverage on ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price target on the stock. New Street Research raised ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. Wells Fargo & Company upped their price target on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Jefferies Financial Group lowered shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Finally, Erste Group Bank restated a "hold" rating on shares of ASML in a research note on Wednesday, July 23rd. Seven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, ASML has an average rating of "Moderate Buy" and an average target price of $923.80.

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.