ASML Holding N.V. (NASDAQ:ASML) Shares Acquired by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC increased its stake in ASML Holding N.V. (NASDAQ:ASML) by 1.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,034 shares of the semiconductor company’s stock after buying an additional 178 shares during the period. Exencial Wealth Advisors LLC’s holdings in ASML were worth $10,625,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC raised its position in shares of ASML by 12.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company’s stock valued at $266,000 after acquiring an additional 44 shares in the last quarter. Rhumbline Advisers increased its stake in ASML by 12.7% during the first quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company’s stock valued at $5,571,000 after purchasing an additional 947 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of ASML by 1.6% during the first quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company’s stock worth $2,304,000 after purchasing an additional 55 shares during the period. Lyell Wealth Management LP lifted its position in shares of ASML by 2.4% in the 1st quarter. Lyell Wealth Management LP now owns 19,483 shares of the semiconductor company’s stock worth $12,910,000 after buying an additional 459 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of ASML by 2.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company’s stock valued at $22,806,000 after buying an additional 763 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ASML has been the topic of several research reports. Jefferies Financial Group lowered shares of ASML from a “buy” rating to a “hold” rating in a research note on Thursday, June 26th. DZ Bank lowered ASML from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 16th. Erste Group Bank reissued a “hold” rating on shares of ASML in a report on Wednesday, July 23rd. New Street Research upgraded ASML from a “neutral” rating to a “buy” rating in a research note on Thursday, July 24th. Finally, Wells Fargo & Company increased their target price on ASML from $840.00 to $890.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 8th. Seven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average target price of $923.80.

ASML Trading Down 1.4%

NASDAQ:ASML opened at $689.63 on Wednesday. The stock has a market cap of $271.31 billion, a price-to-earnings ratio of 28.78, a PEG ratio of 1.42 and a beta of 1.76. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $945.05. The business has a fifty day moving average of $760.31 and a 200-day moving average of $725.63.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing the consensus estimate of $5.94 by ($1.39). The company had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%. The business’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 earned $4.01 EPS. Equities analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th will be issued a dividend of $1.856 per share. The ex-dividend date of this dividend is Tuesday, July 29th. This is a positive change from ASML’s previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a yield of 1.1%. ASML’s dividend payout ratio is presently 26.21%.

ASML 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.