Peterson Wealth Services Purchases 17 Shares of ASML Holding N.V. $ASML

Peterson Wealth Services grew its position in ASML Holding N.V. (NASDAQ:ASML) by 0.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 7,557 shares of the semiconductor company’s stock after buying an additional 17 shares during the period. ASML makes up about 1.7% of Peterson Wealth Services’ investment portfolio, making the stock its 15th largest holding. Peterson Wealth Services’ holdings in ASML were worth $6,056,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in ASML by 6.0% during the 1st 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 increased its holdings in ASML by 7.5% in the 1st quarter. Spire Wealth Management now owns 1,819 shares of the semiconductor company’s stock worth $1,205,000 after buying an additional 127 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in ASML by 207.3% in the 1st quarter. Golden State Wealth Management LLC now owns 295 shares of the semiconductor company’s stock worth $196,000 after buying an additional 199 shares in the last quarter. Alpine Bank Wealth Management purchased a new position in ASML in the 1st quarter worth about $43,000. Finally, Perigon Wealth Management LLC lifted its stake in ASML by 54.2% during the 1st quarter. Perigon Wealth Management LLC now owns 1,784 shares of the semiconductor company’s stock valued at $1,182,000 after acquiring an additional 627 shares during the period. Institutional investors 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 market capitalization of $406.30 billion, a P/E ratio of 42.05, a P/E/G ratio of 1.71 and a beta of 1.87. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,059.00. The firm’s 50 day simple moving average is $892.92 and its two-hundred day simple moving average is $787.36. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70.

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

ASML Increases Dividend

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

Wall Street Analyst Weigh In

ASML has been the subject of a number of research analyst reports. DZ Bank reiterated a “neutral” rating on shares of ASML in a research note on Wednesday, October 15th. Wells Fargo & Company lifted their price objective on ASML from $1,105.00 to $1,140.00 and gave the stock an “overweight” rating in a report on Thursday, October 16th. Erste Group Bank raised ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Mizuho upgraded ASML from a “neutral” rating to an “outperform” rating in a research note on Monday, September 29th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Friday, October 10th. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,051.60.

ASML 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.