Sigma Planning Corp Sells 986 Shares of ASML Holding N.V. $ASML

Sigma Planning Corp lessened its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 32.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,038 shares of the semiconductor company’s stock after selling 986 shares during the period. Sigma Planning Corp’s holdings in ASML were worth $4,055,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Baron Wealth Management LLC lifted its stake in shares of ASML by 1.8% in the second quarter. Baron Wealth Management LLC now owns 333 shares of the semiconductor company’s stock worth $662,000 after buying an additional 6 shares during the last quarter. Whitener Capital Management Inc. grew its stake in ASML by 2.8% in the 2nd quarter. Whitener Capital Management Inc. now owns 218 shares of the semiconductor company’s stock valued at $434,000 after buying an additional 6 shares during the last quarter. Founders Financial Alliance LLC grew its stake in ASML by 2.3% in the 2nd quarter. Founders Financial Alliance LLC now owns 266 shares of the semiconductor company’s stock valued at $529,000 after buying an additional 6 shares during the last quarter. 44 Wealth Management LLC raised its holdings in ASML by 1.1% in the 4th quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock worth $703,000 after acquiring an additional 7 shares during the period. Finally, Evolution Wealth Management Inc. raised its holdings in ASML by 22.6% in the 1st quarter. Evolution Wealth Management Inc. now owns 38 shares of the semiconductor company’s stock worth $50,000 after acquiring an additional 7 shares during the period. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the subject of a number of recent analyst reports. Argus set a $2,100.00 price target on shares of ASML in a report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Friday, July 10th. Royal Bank Of Canada lifted their price objective on ASML from $1,700.00 to $2,000.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 14th. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Finally, UBS Group restated a “buy” rating on shares of ASML in a research note on Wednesday, July 1st. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average price target of $1,970.33.

ASML Price Performance

Shares of ASML opened at $1,696.16 on Monday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. The company has a 50-day simple moving average of $1,764.95 and a 200-day simple moving average of $1,592.80. ASML Holding N.V. has a 52 week low of $716.20 and a 52 week high of $1,999.96. The firm has a market capitalization of $667.07 billion, a P/E ratio of 52.77, a P/E/G ratio of 0.84 and a beta of 1.79.

ASML (NASDAQ:ASML) last released its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. The business had revenue of $10.62 billion for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. On average, equities research analysts expect that ASML Holding N.V. will post 44.99 earnings per share for the current year.

ASML Cuts Dividend

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

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.