68,862 Shares in ASML Holding (NASDAQ:ASML) Acquired by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC acquired a new stake in shares of ASML Holding (NASDAQ:ASML - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 68,862 shares of the semiconductor company's stock, valued at approximately $704,000.

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Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. American Capital Advisory LLC bought a new stake in ASML in the 1st quarter worth approximately $26,000. WD Rutherford LLC bought a new position in shares of ASML during the first quarter valued at about $29,000. Triad Wealth Partners LLC purchased a new stake in ASML during the 2nd quarter valued at about $31,000. Beaird Harris Wealth Management LLC bought a new position in ASML during the 4th quarter worth approximately $34,000. Finally, First Community Trust NA purchased a new position in ASML in the 2nd quarter worth approximately $34,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on ASML shares. Wells Fargo & Company increased their price objective on ASML from $1,150.00 to $1,185.00 and gave the company an "overweight" rating in a research note on Monday, June 17th. UBS Group lowered ASML from a "buy" rating to a "neutral" rating in a research report on Wednesday, September 4th. JPMorgan Chase & Co. upped their target price on ASML from $1,172.00 to $1,202.00 and gave the company an "overweight" rating in a report on Thursday, July 18th. Barclays upgraded shares of ASML from an "equal weight" rating to an "overweight" rating in a report on Tuesday, July 30th. Finally, Susquehanna upped their price objective on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a "positive" rating in a report on Thursday, July 11th. Three investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $1,147.80.

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View Our Latest Stock Analysis on ASML

ASML Trading Down 5.4 %

NASDAQ:ASML opened at $752.79 on Monday. The firm has a market capitalization of $297.04 billion, a P/E ratio of 38.45, a PEG ratio of 1.91 and a beta of 1.49. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.52 and a quick ratio of 0.84. ASML Holding has a one year low of $563.99 and a one year high of $1,110.09. The company's 50-day simple moving average is $925.80 and its 200 day simple moving average is $951.10.

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ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, topping analysts' consensus estimates 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%. The business's revenue for the quarter was down 9.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.37 EPS. As a group, analysts forecast that ASML Holding will post 20.3 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were paid a $1.8732 dividend. This is a boost from ASML's previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Monday, July 29th. This represents a $7.49 dividend on an annualized basis and a yield of 1.00%. ASML's payout ratio is presently 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.

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