ASML Holding (NASDAQ:ASML) Shares Purchased by Obermeyer Wood Investment Counsel Lllp

Obermeyer Wood Investment Counsel Lllp increased its position in shares of ASML Holding (NASDAQ:ASML) by 5.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,169 shares of the semiconductor company’s stock after purchasing an additional 1,706 shares during the period. ASML accounts for approximately 1.9% of Obermeyer Wood Investment Counsel Lllp’s portfolio, making the stock its 18th largest position. Obermeyer Wood Investment Counsel Lllp’s holdings in ASML were worth $32,900,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of ASML. American Capital Advisory LLC purchased a new stake in shares of ASML during the 1st quarter worth approximately $26,000. WD Rutherford LLC purchased a new position in shares of ASML during the first quarter worth about $29,000. Triad Wealth Partners LLC acquired a new stake in shares of ASML during the second quarter worth about $31,000. Beaird Harris Wealth Management LLC purchased a new position in ASML during the 4th quarter worth approximately $34,000. Finally, First Community Trust NA acquired a new position in ASML during the second quarter worth approximately $34,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ASML. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. JPMorgan Chase & Co. boosted their price objective on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Susquehanna raised their target price on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research note on Thursday, July 11th. Finally, Wells Fargo & Company increased their price target on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a report on Monday, June 17th. Two analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,147.80.

ASML Price Performance

NASDAQ:ASML traded up $16.16 during mid-day trading on Friday, hitting $903.87. 991,244 shares of the company’s stock traded hands, compared to its average volume of 1,353,936. 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 1 year low of $563.99 and a 1 year high of $1,110.09. The company has a market cap of $356.66 billion, a PE ratio of 46.16, a price-to-earnings-growth ratio of 1.91 and a beta of 1.49. The firm’s 50 day simple moving average is $945.48 and its 200 day simple moving average is $954.39.

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

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were issued a $1.8732 dividend. The ex-dividend date was Monday, July 29th. This is a positive change from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 annualized dividend and a dividend yield of 0.83%. ASML’s payout ratio is 28.55%.

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.