Arkadios Wealth Advisors Buys 662 Shares of ASML Holding N.V. $ASML

Arkadios Wealth Advisors increased its stake in ASML Holding N.V. (NASDAQ:ASML) by 63.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,703 shares of the semiconductor company’s stock after purchasing an additional 662 shares during the period. Arkadios Wealth Advisors’ holdings in ASML were worth $1,365,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Princeton Global Asset Management LLC grew its stake in ASML by 153.8% in the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after buying an additional 20 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in ASML during the first quarter valued at about $27,000. Washington Trust Advisors Inc. raised its position in ASML by 129.4% during the second quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 22 shares in the last quarter. Maseco LLP purchased a new stake in ASML during the second quarter valued at about $32,000. Finally, Knuff & Co LLC purchased a new stake in ASML during the first quarter valued at about $33,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on ASML shares. Morningstar lowered ASML to a “hold” rating in a research report on Thursday, September 18th. DZ Bank restated a “neutral” rating on shares of ASML in a report on Wednesday, October 15th. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a report on Wednesday, October 15th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a report on Friday, October 10th. Finally, Citigroup reiterated a “buy” rating on shares of ASML in a research report on Tuesday, October 7th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,051.60.

ASML Stock Performance

ASML stock opened at $1,059.23 on Friday. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average of $924.66 and a 200-day moving average of $802.25. The firm has a market cap of $416.58 billion, a P/E ratio of 43.11, a P/E/G ratio of 1.76 and a beta of 1.87. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,086.11.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. The business had revenue of $8.71 billion during the quarter, compared to analyst estimates of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.ASML’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.28 EPS. Sell-side analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be paid a dividend of $1.857 per share. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. This is a boost from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend is Wednesday, October 29th. ASML’s payout ratio is presently 25.76%.

About ASML

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.