ASML Holding N.V. $ASML Shares Sold by Midwest Trust Co

Midwest Trust Co lowered its position in ASML Holding N.V. (NASDAQ:ASML) by 3.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,244 shares of the semiconductor company’s stock after selling 704 shares during the quarter. Midwest Trust Co’s holdings in ASML were worth $40,274,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ASML. Baron Wealth Management LLC increased its holdings in shares of ASML by 1.8% in the 2nd quarter. Baron Wealth Management LLC now owns 333 shares of the semiconductor company’s stock valued at $662,000 after acquiring an additional 6 shares during the last quarter. Whitener Capital Management Inc. lifted its stake in ASML by 2.8% during the second quarter. Whitener Capital Management Inc. now owns 218 shares of the semiconductor company’s stock worth $434,000 after purchasing an additional 6 shares during the last quarter. Founders Financial Alliance LLC boosted its holdings in ASML by 2.3% in the second quarter. Founders Financial Alliance LLC now owns 266 shares of the semiconductor company’s stock valued at $529,000 after purchasing an additional 6 shares in the last quarter. Family Capital Management Inc. boosted its holdings in ASML by 0.8% in the fourth quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock valued at $983,000 after purchasing an additional 7 shares in the last quarter. Finally, 44 Wealth Management LLC increased its stake in ASML by 1.1% in the fourth quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock valued at $703,000 after purchasing an additional 7 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Berenberg Bank reissued a “buy” rating on shares of ASML in a report on Friday, May 8th. Sanford C. Bernstein increased their target price on shares of ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Citigroup reiterated a “buy” rating on shares of ASML in a research note on Friday, July 17th. Barclays reissued an “overweight” rating on shares of ASML in a research report on Thursday, July 16th. Finally, Bank of America upped their price objective on shares of ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average price target of $1,970.33.

ASML Stock Up 0.0%

Shares of NASDAQ:ASML opened at $1,844.45 on Monday. ASML Holding N.V. has a 1-year low of $716.20 and a 1-year high of $1,999.96. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80. The stock has a market cap of $725.39 billion, a P/E ratio of 57.39, a P/E/G ratio of 0.92 and a beta of 1.79. The firm has a fifty day moving average price of $1,781.65 and a 200 day moving average price of $1,568.23.

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

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were given a $2.1507 dividend. This represents a $8.60 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, July 28th. ASML’s payout ratio is 22.62%.

ASML Company 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.