Lee Johnson Capital Management LLC Takes Position in ASML Holding N.V. $ASML

Lee Johnson Capital Management LLC acquired a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 3,076 shares of the semiconductor company’s stock, valued at approximately $6,120,000. ASML comprises approximately 1.9% of Lee Johnson Capital Management LLC’s portfolio, making the stock its 17th largest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Boston Common Asset Management LLC acquired a new position in shares of ASML in the first quarter valued at approximately $4,355,000. Cambridge Investment Research Advisors Inc. boosted its position in ASML by 3.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock worth $24,036,000 after acquiring an additional 760 shares during the last quarter. Keudell Morrison Wealth Management acquired a new stake in ASML during the fourth quarter worth approximately $1,402,000. Keybank National Association OH grew its stake in ASML by 21.3% in the 4th quarter. Keybank National Association OH now owns 65,354 shares of the semiconductor company’s stock worth $69,920,000 after acquiring an additional 11,459 shares during the period. Finally, Robertson Stephens Wealth Management LLC grew its stake in ASML by 507.0% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 2,695 shares of the semiconductor company’s stock worth $2,883,000 after acquiring an additional 2,251 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of recent analyst reports. Susquehanna reissued a “positive” rating on shares of ASML in a research note on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Friday, July 10th. Citigroup reissued a “buy” rating on shares of ASML in a research note on Friday, July 17th. Morningstar cut ASML to a “sell” rating in a report on Wednesday, May 27th. Finally, Barclays reiterated an “overweight” rating on shares of ASML in a report on Thursday, July 16th. 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. According to data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average target price of $1,970.33.

ASML Price Performance

ASML stock opened at $1,802.98 on Wednesday. The firm has a fifty day moving average of $1,784.83 and a 200-day moving average of $1,573.92. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a 52-week low of $716.20 and a 52-week high of $1,999.96. The firm has a market capitalization of $709.08 billion, a P/E ratio of 56.10, a PEG ratio of 0.92 and a beta of 1.79.

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

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were paid 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 was Tuesday, July 28th. ASML’s payout ratio is 22.62%.

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.