Evanson Financial LLC Acquires New Holdings in ASML Holding N.V. $ASML

Evanson Financial LLC bought a new stake in ASML Holding N.V. (NASDAQ:ASML) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 413 shares of the semiconductor company’s stock, valued at approximately $822,000.

Several other hedge funds also recently bought and sold shares of the company. Cornerstone Financial Management LLC bought a new stake in shares of ASML in the 4th quarter valued at $26,000. Portus Wealth Advisors LLC acquired a new stake in ASML during the 1st quarter worth $32,000. Resources Management Corp CT ADV lifted its holdings in ASML by 1,150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 23 shares in the last quarter. North Star Investment Management Corp. lifted its holdings in ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 11 shares in the last quarter. Finally, Jessup Wealth Management Inc acquired a new position in ASML in the fourth quarter valued at about $30,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ASML has been the subject of several recent analyst reports. Citigroup restated a “buy” rating on shares of ASML in a report on Friday, July 17th. Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. Argus set a $2,100.00 target price on ASML in a research note on Thursday, July 16th. The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a research note on Thursday, June 11th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a report on Friday, July 10th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,970.33.

ASML Stock Up 2.1%

Shares of ASML stock opened at $1,740.99 on Friday. The firm has a market cap of $684.70 billion, a PE ratio of 54.17, a P/E/G ratio of 0.85 and a beta of 1.79. The business’s 50 day simple moving average is $1,770.13 and its 200 day simple moving average is $1,551.72. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. ASML Holding N.V. has a 52-week low of $710.45 and a 52-week high of $1,999.96.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. The firm had revenue of $10.64 billion during the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. On average, analysts predict that ASML Holding N.V. will post 44.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were given a $2.1507 dividend. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s payout ratio 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.