Texas Yale Capital Corp. Boosts Stake in ASML Holding (NASDAQ:ASML)

Texas Yale Capital Corp. grew its stake in shares of ASML Holding (NASDAQ:ASML) by 4.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 396 shares of the semiconductor company’s stock after buying an additional 16 shares during the quarter. Texas Yale Capital Corp.’s holdings in ASML were worth $384,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. American Capital Advisory LLC purchased a new position in ASML in the 1st quarter worth approximately $26,000. WD Rutherford LLC purchased a new position in shares of ASML in the first quarter worth $29,000. ZRC Wealth Management LLC bought a new stake in ASML during the 1st quarter valued at $39,000. Rocky Mountain Advisers LLC raised its holdings in ASML by 110.0% during the 1st quarter. Rocky Mountain Advisers LLC now owns 42 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 22 shares during the last quarter. Finally, Salomon & Ludwin LLC purchased a new stake in ASML during the 1st quarter valued at $42,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Down 1.5 %

ASML traded down $13.74 during trading on Thursday, reaching $918.32. The stock had a trading volume of 1,915,982 shares, compared to its average volume of 1,157,895. The stock’s 50 day moving average is $1,006.71 and its two-hundred day moving average is $935.71. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $362.36 billion, a price-to-earnings ratio of 47.63, a P/E/G ratio of 2.26 and a beta of 1.49. ASML Holding has a one year low of $563.99 and a one year high of $1,110.09.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.87 by $0.14. The business had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. The firm’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.37 earnings per share. As a group, analysts expect that ASML Holding will post 20.12 earnings per share for the current year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were issued a dividend of $1.343 per share. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a dividend yield of 0.58%. ASML’s payout ratio is presently 32.53%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ASML. Evercore ISI began coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Susquehanna upped their price target on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday, July 11th. Sanford C. Bernstein dropped their price objective on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a report on Friday, April 12th. Finally, Wells Fargo & Company boosted their target price on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,083.00.

ASML Company 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.