Lodestone Wealth Management LLC Buys 85 Shares of ASML Holding N.V. $ASML

Lodestone Wealth Management LLC increased its stake in ASML Holding N.V. (NASDAQ:ASML) by 28.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 387 shares of the semiconductor company’s stock after buying an additional 85 shares during the quarter. Lodestone Wealth Management LLC’s holdings in ASML were worth $310,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. UMB Bank n.a. grew its stake in shares of ASML by 4.3% in the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock worth $254,000 after acquiring an additional 13 shares during the last quarter. Rossmore Private Capital raised its position in shares of ASML by 0.3% in the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock worth $2,880,000 after purchasing an additional 14 shares during the last quarter. Baring Financial LLC boosted its stake in ASML by 2.8% in the 2nd quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock worth $409,000 after purchasing an additional 14 shares in the last quarter. Manchester Capital Management LLC grew its position in ASML by 15.2% during the 1st quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company’s stock valued at $76,000 after purchasing an additional 15 shares during the last quarter. Finally, Putney Financial Group LLC grew its position in ASML by 39.5% during the 2nd quarter. Putney Financial Group LLC now owns 53 shares of the semiconductor company’s stock valued at $42,000 after purchasing an additional 15 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Morningstar downgraded shares of ASML to a “hold” rating in a research note on Thursday, September 18th. Arete Research upgraded shares of ASML to a “strong-buy” rating in a report on Friday, September 12th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Friday, October 10th. Erste Group Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Monday, September 22nd. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a report on Tuesday. Four research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,076.33.

ASML Price Performance

Shares of ASML opened at $1,039.33 on Thursday. The firm has a fifty day simple moving average of $993.60 and a two-hundred day simple moving average of $836.81. The firm has a market cap of $408.75 billion, a PE ratio of 42.30, a P/E/G ratio of 1.76 and a beta of 1.88. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,086.11.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping the consensus estimate of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The company had revenue of $8.71 billion during the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the previous year, the company posted $5.28 earnings per share. ASML’s revenue was up .7% compared to the same quarter last year. On average, equities analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were issued a $1.857 dividend. The ex-dividend date of this dividend was Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. ASML’s payout ratio is 25.76%.

ASML Company 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.