HORAN Wealth LLC Invests $3.65 Million in ASML Holding N.V. $ASML

HORAN Wealth LLC acquired a new position in shares of ASML Holding N.V. (NASDAQ:ASML) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,559 shares of the semiconductor company’s stock, valued at approximately $3,654,000. ASML comprises about 1.1% of HORAN Wealth LLC’s portfolio, making the stock its 28th largest holding.

A number of other large investors also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. raised its position in ASML by 26.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock worth $631,079,000 after purchasing an additional 199,740 shares during the period. Dimensional Fund Advisors LP raised its position in ASML by 0.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company’s stock worth $600,175,000 after purchasing an additional 7,164 shares during the period. Invesco Ltd. raised its position in ASML by 101.0% in the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock worth $484,562,000 after purchasing an additional 367,505 shares during the period. Fayez Sarofim & Co raised its position in ASML by 2.7% in the 1st quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company’s stock worth $470,910,000 after purchasing an additional 18,516 shares during the period. Finally, First Manhattan CO. LLC. raised its position in ASML by 61.0% in the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock worth $469,183,000 after purchasing an additional 268,172 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on ASML shares. Weiss Ratings upgraded shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. HSBC restated a “buy” rating on shares of ASML in a research report on Friday, October 17th. UBS Group restated a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. Erste Group Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, September 22nd. Finally, DZ Bank restated a “neutral” rating on shares of ASML in a research report on Wednesday, October 15th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,051.60.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,043.75 on Thursday. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,086.11. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The company’s 50-day moving average is $941.73 and its 200 day moving average is $811.65. The stock has a market capitalization of $410.49 billion, a P/E ratio of 42.48, a P/E/G ratio of 1.76 and a beta of 1.87.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating the consensus estimate 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 earnings per share. ASML’s quarterly revenue was up .7% on a year-over-year basis. On average, sell-side analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Wednesday, October 29th will be paid a dividend of $1.857 per share. The ex-dividend date of this dividend is Wednesday, October 29th. This is an increase from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 annualized dividend and a yield of 0.7%. ASML’s payout ratio is presently 25.76%.

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.