921 Shares in ASML Holding (NASDAQ:ASML) Purchased by Gentry Private Wealth LLC

Gentry Private Wealth LLC bought a new stake in ASML Holding (NASDAQ:ASML) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 921 shares of the semiconductor company’s stock, valued at approximately $942,000. ASML makes up 0.8% of Gentry Private Wealth LLC’s portfolio, making the stock its 17th largest holding.

Several other hedge funds also recently made changes to their positions in the business. Fisher Asset Management LLC raised its holdings in shares of ASML by 2.0% in the 4th quarter. Fisher Asset Management LLC now owns 4,967,958 shares of the semiconductor company’s stock valued at $3,760,348,000 after purchasing an additional 95,795 shares during the period. Jennison Associates LLC raised its stake in ASML by 50.0% in the first quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock valued at $1,668,386,000 after buying an additional 572,996 shares during the period. GQG Partners LLC lifted its position in shares of ASML by 21.6% in the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock valued at $1,608,921,000 after buying an additional 294,784 shares during the last quarter. Sands Capital Management LLC boosted its stake in shares of ASML by 8.1% during the 4th quarter. Sands Capital Management LLC now owns 1,617,083 shares of the semiconductor company’s stock worth $1,224,002,000 after acquiring an additional 121,847 shares during the period. Finally, Van ECK Associates Corp increased its holdings in shares of ASML by 15.4% during the 2nd quarter. Van ECK Associates Corp now owns 1,282,396 shares of the semiconductor company’s stock worth $1,311,545,000 after acquiring an additional 170,992 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on ASML shares. Wells Fargo & Company lifted their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. JPMorgan Chase & Co. lifted their price objective on shares of ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research note on Thursday, July 18th. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a report on Wednesday. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Finally, Susquehanna boosted their price target on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research note on Thursday, July 11th. Three research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,147.80.

ASML Price Performance

Shares of ASML stock opened at $752.79 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. The business has a fifty day simple moving average of $925.80 and a 200 day simple moving average of $950.52. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,110.09. The company has a market cap of $297.04 billion, a P/E ratio of 38.45, a P/E/G ratio of 1.91 and a beta of 1.49.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, beating the consensus estimate of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The firm had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6 billion. During the same quarter last year, the business posted $5.37 EPS. The company’s revenue for the quarter was down 9.5% on a year-over-year basis. On average, sell-side analysts forecast that ASML Holding will post 20.3 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were given a $1.8732 dividend. The ex-dividend date was Monday, July 29th. This represents a $7.49 annualized dividend and a yield of 1.00%. This is a boost from ASML’s previous quarterly dividend of $1.34. ASML’s payout ratio is currently 28.50%.

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.