ASML Holding N.V. $ASML Position Cut by Darden Wealth Group Inc

Darden Wealth Group Inc lessened its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 9.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,423 shares of the semiconductor company’s stock after selling 145 shares during the period. Darden Wealth Group Inc’s holdings in ASML were worth $1,141,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Acadian Asset Management LLC lifted its holdings in ASML by 97.6% in the 1st quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company’s stock valued at $101,978,000 after acquiring an additional 76,023 shares during the last quarter. Strategic Planning Group LLC boosted its holdings in ASML by 12.5% during the second quarter. Strategic Planning Group LLC now owns 6,552 shares of the semiconductor company’s stock worth $5,251,000 after buying an additional 730 shares in the last quarter. Empowered Funds LLC grew its position in ASML by 5.0% in the first quarter. Empowered Funds LLC now owns 10,928 shares of the semiconductor company’s stock worth $7,241,000 after buying an additional 519 shares during the last quarter. Gunderson Capital Management Inc. acquired a new stake in shares of ASML during the 2nd quarter valued at $1,702,000. Finally, Cidel Asset Management Inc. boosted its stake in shares of ASML by 4,478.0% during the 2nd quarter. Cidel Asset Management Inc. now owns 17,076 shares of the semiconductor company’s stock worth $13,685,000 after acquiring an additional 16,703 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Bank Degroof lowered ASML to a “hold” rating in a research report on Friday, October 10th. Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. DZ Bank restated a “neutral” rating on shares of ASML in a research report on Wednesday, October 15th. Finally, Sanford C. Bernstein reiterated a “neutral” rating on shares of ASML in a research report on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,051.60.

ASML Stock Performance

ASML stock opened at $1,033.10 on Friday. The stock has a market cap of $406.30 billion, a P/E ratio of 42.05, a P/E/G ratio of 1.70 and a beta of 1.87. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The firm has a 50 day simple moving average of $892.92 and a 200 day simple moving average of $788.69. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,059.00.

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

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be issued a dividend of $1.857 per share. The ex-dividend date is Wednesday, October 29th. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio is presently 25.56%.

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.