Wealthfront Advisers LLC Increases Stake in ASML Holding N.V. $ASML

Wealthfront Advisers LLC grew its holdings in ASML Holding N.V. (NASDAQ:ASML) by 26.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,792 shares of the semiconductor company’s stock after acquiring an additional 378 shares during the period. Wealthfront Advisers LLC’s holdings in ASML were worth $3,565,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ASML. Fisher Asset Management LLC lifted its position in ASML by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock valued at $4,798,268,000 after purchasing an additional 132,353 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of ASML by 6.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock worth $2,168,227,000 after buying an additional 96,860 shares during the period. Bank of America Corp DE raised its stake in shares of ASML by 1.2% in the first quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company’s stock worth $2,060,833,000 after buying an additional 19,051 shares during the period. Price T Rowe Associates Inc. MD lifted its position in shares of ASML by 14.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after buying an additional 193,068 shares in the last quarter. Finally, BlackRock Inc. lifted its position in shares of ASML by 4.9% during the 2nd quarter. BlackRock Inc. now owns 1,282,190 shares of the semiconductor company’s stock valued at $2,550,840,000 after buying an additional 59,888 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Trading Down 0.1%

Shares of ASML stock opened at $1,750.31 on Friday. ASML Holding N.V. has a twelve month low of $716.20 and a twelve month high of $1,999.96. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09. The business has a 50-day moving average price of $1,782.20 and a 200-day moving average price of $1,578.32. The firm has a market cap of $688.36 billion, a price-to-earnings ratio of 54.46, a PEG ratio of 0.87 and a beta of 1.79.

ASML (NASDAQ:ASML) last posted its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The company had revenue of $10.64 billion for the quarter. Equities research analysts anticipate that ASML Holding N.V. will post 44.85 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were issued a dividend of $2.1507 per share. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s dividend payout ratio is 22.62%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Morgan Stanley reissued an “overweight” rating on shares of ASML in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research note on Friday, July 10th. Royal Bank Of Canada increased their price target on ASML from $1,700.00 to $2,000.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 14th. Barclays reaffirmed an “overweight” rating on shares of ASML in a research note on Thursday, July 16th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a research note on Thursday, June 11th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,970.33.

ASML Profile

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.