Three Seasons Wealth LLC Buys Shares of 294 ASML Holding N.V. $ASML

Three Seasons Wealth LLC bought a new stake in ASML Holding N.V. (NASDAQ:ASMLFree Report) in the first quarter, HoldingsChannel reports. The institutional investor bought 294 shares of the semiconductor company’s stock, valued at approximately $388,000.

Several other institutional investors also recently made changes to their positions in the stock. Nolet Wealth Management LLC increased its holdings in ASML by 9.5% in the first quarter. Nolet Wealth Management LLC now owns 230 shares of the semiconductor company’s stock valued at $303,000 after buying an additional 20 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of ASML during the 1st quarter worth approximately $55,000. Avanda Investment Management Pte. Ltd. increased its stake in ASML by 62.9% in the 1st quarter. Avanda Investment Management Pte. Ltd. now owns 1,140 shares of the semiconductor company’s stock valued at $1,506,000 after purchasing an additional 440 shares in the last quarter. NFSG Corp increased its stake in ASML by 5.7% in the 1st quarter. NFSG Corp now owns 166 shares of the semiconductor company’s stock valued at $219,000 after purchasing an additional 9 shares in the last quarter. Finally, Signet Financial Management LLC raised its holdings in ASML by 0.6% during the first quarter. Signet Financial Management LLC now owns 5,454 shares of the semiconductor company’s stock worth $7,204,000 after purchasing an additional 30 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Citigroup reissued a “buy” rating on shares of ASML in a report on Thursday, April 16th. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. Barclays reiterated an “overweight” rating on shares of ASML in a research report on Thursday. UBS Group reissued a “buy” rating on shares of ASML in a research note on Wednesday, July 1st. Finally, Morgan Stanley restated an “overweight” rating on shares of ASML in a report on Tuesday, July 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $1,970.33.

Get Our Latest Report on ASML

ASML Price Performance

NASDAQ:ASML opened at $1,784.87 on Friday. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,999.96. The firm has a market cap of $701.95 billion, a price-to-earnings ratio of 55.53, a price-to-earnings-growth ratio of 1.38 and a beta of 1.78. The company’s 50-day moving average is $1,728.88 and its two-hundred day moving average is $1,498.68. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13.

ASML (NASDAQ:ASMLGet Free Report) last posted its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The business had revenue of $10.15 billion during the quarter. ASML had a net margin of 30.11% and a return on equity of 54.12%. Research analysts expect that ASML Holding N.V. will post 36.6 EPS for the current year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th will be issued a $2.1507 dividend. The ex-dividend date is Tuesday, July 28th. This represents a $8.60 annualized dividend and a yield of 0.5%. ASML’s payout ratio is 38.63%.

ASML News Summary

Here are the key news stories impacting ASML this week:

ASML Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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