Transform Wealth LLC Acquires 43 Shares of ASML Holding (NASDAQ:ASML)

Transform Wealth LLC lifted its holdings in shares of ASML Holding (NASDAQ:ASML) by 8.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 548 shares of the semiconductor company’s stock after purchasing an additional 43 shares during the period. Transform Wealth LLC’s holdings in ASML were worth $560,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. American Capital Advisory LLC bought a new stake in shares of ASML in the 1st quarter valued at about $26,000. WD Rutherford LLC bought a new stake in ASML in the first quarter valued at approximately $29,000. Beaird Harris Wealth Management LLC bought a new stake in ASML in the fourth quarter valued at approximately $34,000. LRI Investments LLC purchased a new position in shares of ASML in the first quarter worth $37,000. Finally, ZRC Wealth Management LLC purchased a new position in shares of ASML in the first quarter worth $39,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ASML has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upped their price target on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a report on Thursday, July 18th. Evercore ISI assumed coverage on shares of ASML in a report on Tuesday, April 16th. They set an “outperform” rating for the company. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Wells Fargo & Company lifted their price objective 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. Finally, Susquehanna boosted their target price on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research note on Thursday, July 11th. Two analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $1,147.80.

ASML Stock Down 0.9 %

Shares of NASDAQ:ASML opened at $852.86 on Tuesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,110.09. The firm has a market capitalization of $336.53 billion, a P/E ratio of 43.56, a P/E/G ratio of 1.87 and a beta of 1.49. The stock has a 50 day moving average price of $983.40 and a 200-day moving average price of $954.30.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, beating the consensus estimate of $3.87 by $0.14. The business had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. The company’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same quarter last year, the firm posted $5.37 earnings per share. As a group, equities research analysts anticipate that ASML Holding will post 20.3 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were issued a $1.8732 dividend. This represents a $7.49 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date was Monday, July 29th. This is a boost from ASML’s previous quarterly dividend of $1.34. ASML’s dividend payout ratio is 28.50%.

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.