BKM Wealth Management LLC Has $866,000 Stake in ASML Holding (NASDAQ:ASML)

BKM Wealth Management LLC lowered its holdings in ASML Holding (NASDAQ:ASML) by 5.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 892 shares of the semiconductor company’s stock after selling 52 shares during the quarter. BKM Wealth Management LLC’s holdings in ASML were worth $866,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of ASML. First PREMIER Bank grew its position in shares of ASML by 4.2% during the 1st quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock valued at $265,000 after purchasing an additional 11 shares in the last quarter. Investment Partners LTD. increased its position in shares of ASML by 1.2% in the first quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock worth $871,000 after purchasing an additional 11 shares during the last quarter. Toth Financial Advisory Corp raised its stake in ASML by 11.5% in the fourth quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock valued at $95,000 after purchasing an additional 13 shares in the last quarter. Slow Capital Inc. lifted its position in ASML by 0.3% during the fourth quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock valued at $3,336,000 after purchasing an additional 13 shares during the last quarter. Finally, Alera Investment Advisors LLC grew its stake in ASML by 2.9% in the 4th quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock worth $372,000 after buying an additional 14 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Sanford C. Bernstein cut their target price on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Evercore ISI started coverage on ASML in a research report on Tuesday, April 16th. They set an “outperform” rating on the stock. Finally, Wells Fargo & Company boosted their target price on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,043.00.

ASML Trading Up 0.8 %

Shares of NASDAQ ASML traded up $8.08 during trading hours on Monday, hitting $1,030.81. The company’s stock had a trading volume of 402,049 shares, compared to its average volume of 1,131,006. The business has a 50-day simple moving average of $964.40 and a 200-day simple moving average of $909.05. The stock has a market cap of $406.75 billion, a price-to-earnings ratio of 52.09, a P/E/G ratio of 2.16 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,077.22.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.54. The firm had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. On average, analysts anticipate that ASML Holding will post 20.12 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were issued a $1.343 dividend. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.52%. ASML’s dividend payout ratio (DPR) is presently 32.53%.

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.