One Wealth Advisors LLC Sells 267 Shares of ASML Holding N.V. $ASML

One Wealth Advisors LLC lowered its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 27.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 709 shares of the semiconductor company’s stock after selling 267 shares during the quarter. One Wealth Advisors LLC’s holdings in ASML were worth $1,411,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in ASML. Cornerstone Financial Management LLC purchased a new position in ASML in the fourth quarter worth $26,000. Binnacle Investments Inc raised its position in ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares in the last quarter. Resources Management Corp CT ADV raised its position in ASML by 1,150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 23 shares in the last quarter. North Star Investment Management Corp. lifted its stake in ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares during the last quarter. Finally, Jessup Wealth Management Inc bought a new stake in ASML during the fourth quarter worth about $30,000. 26.07% of the stock is owned by institutional investors.

ASML Stock Up 2.1%

NASDAQ ASML opened at $1,883.12 on Tuesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80. The stock has a market capitalization of $740.59 billion, a PE ratio of 58.59, a PEG ratio of 0.92 and a beta of 1.79. ASML Holding N.V. has a 1 year low of $716.20 and a 1 year high of $1,999.96. The business’s 50-day moving average is $1,784.33 and its 200 day moving average is $1,571.25.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The business had revenue of $10.64 billion during the quarter. Sell-side analysts forecast that ASML Holding N.V. will post 44.85 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were paid a dividend of $2.1507 per share. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. ASML’s dividend payout ratio (DPR) is currently 22.62%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ASML. Susquehanna reiterated a “positive” rating on shares of ASML in a research report on Tuesday, June 30th. Morgan Stanley restated an “overweight” rating on shares of ASML in a research report on Tuesday, July 7th. Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. DZ Bank upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Finally, Wells Fargo & Company lifted their price target on shares of ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,970.33.

About ASML

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.