Cabot Wealth Management Inc. Has $3.70 Million Stock Holdings in ASML Holding N.V. $ASML

Cabot Wealth Management Inc. boosted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,613 shares of the semiconductor company’s stock after buying an additional 77 shares during the period. Cabot Wealth Management Inc.’s holdings in ASML were worth $3,697,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. GAMMA Investing LLC raised its holdings in shares of ASML by 6.0% in the first quarter. GAMMA Investing LLC now owns 2,114 shares of the semiconductor company’s stock valued at $1,401,000 after purchasing an additional 119 shares during the last quarter. Spire Wealth Management raised its holdings in shares of ASML by 7.5% in the first quarter. Spire Wealth Management now owns 1,819 shares of the semiconductor company’s stock valued at $1,205,000 after purchasing an additional 127 shares during the last quarter. Golden State Wealth Management LLC raised its holdings in shares of ASML by 207.3% in the first quarter. Golden State Wealth Management LLC now owns 295 shares of the semiconductor company’s stock valued at $196,000 after purchasing an additional 199 shares during the last quarter. Perigon Wealth Management LLC raised its holdings in shares of ASML by 54.2% in the first quarter. Perigon Wealth Management LLC now owns 1,784 shares of the semiconductor company’s stock valued at $1,182,000 after purchasing an additional 627 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its holdings in shares of ASML by 1.6% in the first quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company’s stock valued at $2,304,000 after purchasing an additional 55 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

Shares of NASDAQ:ASML opened at $1,033.10 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $406.30 billion, a PE ratio of 42.05, a P/E/G ratio of 1.70 and a beta of 1.87. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,059.00. The company has a 50-day moving average price of $892.92 and a two-hundred day moving average price of $788.69.

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

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th will be given a dividend of $1.857 per share. This is a boost from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is 25.56%.

Wall Street Analysts Forecast Growth

ASML has been the subject of several analyst reports. Hsbc Global Res upgraded shares of ASML to a “strong-buy” rating in a report on Monday, October 6th. Weiss Ratings upgraded shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Berenberg Bank restated a “buy” rating on shares of ASML in a research report on Thursday, October 16th. Wells Fargo & Company increased their price target on shares of ASML from $1,105.00 to $1,140.00 and gave the company an “overweight” rating in a research report on Thursday, October 16th. Finally, Morningstar lowered shares of ASML to a “hold” rating in a research report on Thursday, September 18th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,051.60.

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.