RWA Wealth Partners LLC Raises Stock Holdings in ASML Holding N.V. $ASML

RWA Wealth Partners LLC lifted its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 4.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 32,032 shares of the semiconductor company’s stock after buying an additional 1,434 shares during the period. RWA Wealth Partners LLC’s holdings in ASML were worth $25,670,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

ASML has been the subject of a number of recent analyst reports. Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. HSBC restated a “buy” rating on shares of ASML in a research note on Friday, October 17th. Barclays reissued an “overweight” rating on shares of ASML in a report on Tuesday, September 30th. Rothschild Redb raised shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Friday. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,076.33.

ASML Stock Down 1.2%

ASML stock opened at $1,016.96 on Friday. The firm’s 50-day moving average is $952.53 and its two-hundred day moving average is $815.89. 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 price-to-earnings ratio of 41.39, a price-to-earnings-growth ratio of 1.76 and a beta of 1.88. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,086.11.

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

ASML Increases Dividend

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