POM Investment Strategies LLC Takes $36,000 Position in ASML Holding (NASDAQ:ASML)

POM Investment Strategies LLC purchased a new stake in ASML Holding (NASDAQ:ASML) during the second quarter, Holdings Channel reports. The firm purchased 35 shares of the semiconductor company’s stock, valued at approximately $36,000.

A number of other institutional investors have also modified their holdings of the company. CWM LLC raised its position in shares of ASML by 22.1% in the 4th quarter. CWM LLC now owns 1,975 shares of the semiconductor company’s stock valued at $1,495,000 after purchasing an additional 357 shares during the last quarter. Parkside Financial Bank & Trust raised its position in shares of ASML by 16.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 242 shares of the semiconductor company’s stock valued at $183,000 after purchasing an additional 35 shares during the last quarter. Yousif Capital Management LLC raised its position in shares of ASML by 7.3% in the 4th quarter. Yousif Capital Management LLC now owns 7,139 shares of the semiconductor company’s stock valued at $5,404,000 after purchasing an additional 485 shares during the last quarter. Atria Wealth Solutions Inc. raised its position in ASML by 9.4% during the 4th quarter. Atria Wealth Solutions Inc. now owns 6,763 shares of the semiconductor company’s stock worth $5,119,000 after buying an additional 580 shares during the last quarter. Finally, Syon Capital LLC raised its position in ASML by 6.9% during the 4th quarter. Syon Capital LLC now owns 1,403 shares of the semiconductor company’s stock worth $1,062,000 after buying an additional 90 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Down 0.0 %

Shares of NASDAQ ASML traded down $0.45 during trading on Friday, hitting $907.26. 1,396,044 shares of the company were exchanged, compared to its average volume of 1,228,076. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,110.09. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52. The company has a fifty day moving average price of $961.67 and a 200-day moving average price of $955.61. The firm has a market capitalization of $357.99 billion, a PE ratio of 46.34, a P/E/G ratio of 1.87 and a beta of 1.49.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.87 by $0.14. The firm had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. ASML’s revenue was down 9.5% on a year-over-year basis. During the same period in the previous year, the firm earned $5.37 EPS. As a group, equities research analysts expect that ASML Holding will post 20.3 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were paid a dividend of $1.8732 per share. The ex-dividend date was Monday, July 29th. This is a positive change from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 dividend on an annualized basis and a yield of 0.83%. ASML’s dividend payout ratio is 28.50%.

Analyst Ratings Changes

ASML has been the subject of a number of recent research reports. Wells Fargo & Company raised their price target 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. Susquehanna raised their price target on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research report on Thursday, July 11th. JPMorgan Chase & Co. lifted their target price 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. Finally, Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Two research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,147.80.

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.