Evanson Financial LLC Makes New Investment in ASML Holding N.V. $ASML

Evanson Financial LLC acquired a new position in shares of ASML Holding N.V. (NASDAQ:ASML) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 413 shares of the semiconductor company’s stock, valued at approximately $822,000.

A number of other institutional investors also recently modified their holdings of the company. Capstone Wealth Management Group LLC boosted its stake in ASML by 5.2% in the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after purchasing an additional 124 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after purchasing an additional 4,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of ASML by 153.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after buying an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC increased its stake in shares of ASML by 1.3% in the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after buying an additional 15 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of ASML by 5.2% in the second quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock valued at $9,122,000 after buying an additional 559 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML stock opened at $1,740.99 on Friday. The firm’s 50 day moving average price is $1,770.13 and its two-hundred day moving average price is $1,551.72. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. ASML Holding N.V. has a 52-week low of $710.45 and a 52-week high of $1,999.96. The stock has a market cap of $684.70 billion, a PE ratio of 54.17, a PEG ratio of 0.85 and a beta of 1.79.

ASML (NASDAQ:ASML) last issued its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. The company had revenue of $10.64 billion during the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. As a group, analysts forecast that ASML Holding N.V. will post 44.68 EPS for the current year.

ASML Cuts Dividend

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ASML. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Friday, July 10th. Berenberg Bank restated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Bank of America upped their target price on shares of ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Finally, Morgan Stanley reissued an “overweight” rating on shares of ASML in a report on Tuesday, July 7th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,970.33.

About ASML

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.