Mosaic Family Wealth Partners LLC Grows Stake in ASML Holding N.V. $ASML

Mosaic Family Wealth Partners LLC grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 217.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,442 shares of the semiconductor company’s stock after acquiring an additional 988 shares during the period. Mosaic Family Wealth Partners LLC’s holdings in ASML were worth $2,869,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Capstone Wealth Management Group LLC boosted its holdings in shares of ASML by 5.2% in the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after acquiring an additional 124 shares during the period. AQR Capital Management LLC boosted its position in shares of ASML by 141.1% in the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after acquiring an additional 4,021 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in ASML by 153.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after acquiring an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC grew its stake in ASML by 1.3% during the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after acquiring an additional 15 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in ASML by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock worth $9,122,000 after purchasing an additional 559 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

ASML opened at $1,844.45 on Monday. The stock has a 50-day moving average price of $1,781.65 and a 200-day moving average price of $1,568.23. ASML Holding N.V. has a 12-month low of $716.20 and a 12-month high of $1,999.96. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $725.39 billion, a P/E ratio of 57.39, a PEG ratio of 0.92 and a beta of 1.79.

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

ASML Cuts Dividend

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

Analysts Set New Price Targets

Several research analysts have commented on ASML shares. Wall Street Zen downgraded shares of ASML from a “buy” rating to a “hold” rating in a report on Saturday. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research report on Tuesday, July 7th. JPMorgan Chase & Co. lifted their price objective on ASML from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Susquehanna restated a “positive” rating on shares of ASML in a research report on Tuesday, June 30th. 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 assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,970.33.

ASML Profile

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.