RWA Wealth Partners LLC Has $25.67 Million Stock Holdings in ASML Holding N.V. $ASML

RWA Wealth Partners LLC lifted its stake in ASML Holding N.V. (NASDAQ:ASML) by 4.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,032 shares of the semiconductor company’s stock after acquiring an additional 1,434 shares during the quarter. RWA Wealth Partners LLC’s holdings in ASML were worth $25,670,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. T. Rowe Price Investment Management Inc. acquired a new position in ASML in the first quarter worth approximately $360,262,000. Invesco Ltd. raised its holdings in ASML by 101.0% during the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock valued at $484,562,000 after buying an additional 367,505 shares in the last quarter. Amundi raised its holdings in ASML by 91.6% during the first quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock valued at $403,215,000 after buying an additional 307,214 shares in the last quarter. First Manhattan CO. LLC. increased its holdings in shares of ASML by 61.0% during the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock valued at $469,183,000 after acquiring an additional 268,172 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of ASML by 26.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock valued at $631,079,000 after acquiring an additional 199,740 shares in the last quarter. 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 research analyst reports. Sanford C. Bernstein reiterated a “market perform” rating on shares of ASML in a research note on Wednesday, October 29th. Rothschild & Co Redburn raised ASML from a “neutral” rating to a “buy” rating in a research report on Friday. HSBC reissued a “buy” rating on shares of ASML in a report on Friday, October 17th. Rothschild Redb upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Friday. Finally, Redburn Partners set a $1,200.00 target price on shares of ASML in a research note on Friday. Four investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,076.33.

ASML Stock Performance

Shares of ASML stock opened at $1,016.96 on Friday. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,086.11. 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 company has a market capitalization of $399.95 billion, a PE ratio of 41.39, a PEG ratio of 1.76 and a beta of 1.88. The stock’s fifty day simple moving average is $952.53 and its 200 day simple moving average is $815.89.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.27 by $0.14. The firm had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company’s revenue was up .7% compared to the same quarter last year. During the same period in the previous year, the business earned $5.28 EPS. On average, research analysts predict that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were issued a $1.857 dividend. The ex-dividend date of this dividend was Wednesday, October 29th. This represents a $7.43 annualized dividend and a yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.86. ASML’s payout ratio is 25.76%.

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.