ABN AMRO Bank N.V. purchased a new position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 623 shares of the semiconductor company’s stock, valued at approximately $601,000.
Several other institutional investors also recently made changes to their positions in the stock. Fisher Asset Management LLC boosted its holdings in ASML by 6.3% in the second quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock valued at $3,401,304,000 after acquiring an additional 250,934 shares during the last quarter. WCM Investment Management LLC raised its holdings in shares of ASML by 24.9% in the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock worth $1,861,445,000 after purchasing an additional 385,502 shares during the period. Franklin Resources Inc. lifted its stake in shares of ASML by 5.2% in the 2nd quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock valued at $611,933,000 after purchasing an additional 37,994 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of ASML by 14.1% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 583,093 shares of the semiconductor company’s stock valued at $467,285,000 after purchasing an additional 72,164 shares in the last quarter. Finally, Brown Advisory Inc. grew its holdings in shares of ASML by 1.8% during the 2nd quarter. Brown Advisory Inc. now owns 448,798 shares of the semiconductor company’s stock worth $359,662,000 after purchasing an additional 8,070 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research analysts recently commented on ASML shares. Royal Bank Of Canada raised their price target on shares of ASML from $1,550.00 to $1,625.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, October 15th. Rothschild Redb raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Finally, TD Cowen reiterated a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average target price of $1,475.00.
ASML Stock Performance
Shares of ASML stock opened at $1,350.16 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79. The company’s fifty day moving average price is $1,207.75 and its two-hundred day moving average price is $1,000.78. The firm has a market capitalization of $531.00 billion, a P/E ratio of 52.29, a P/E/G ratio of 1.54 and a beta of 1.89. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,493.47.
ASML Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be paid a dividend of $3.1771 per share. This is a boost from ASML’s previous quarterly dividend of $1.88. The ex-dividend date is Monday, April 27th. This represents a $12.71 dividend on an annualized basis and a yield of 0.9%. ASML’s payout ratio is 24.79%.
About ASML
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.
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