ING Groep NV Increases Stock Position in ASML Holding N.V. $ASML

ING Groep NV boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 11.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,453 shares of the semiconductor company’s stock after acquiring an additional 448 shares during the quarter. ING Groep NV’s holdings in ASML were worth $4,311,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. HBK Sorce Advisory LLC lifted its holdings in shares of ASML by 1.0% during the third quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock valued at $1,067,000 after purchasing an additional 10 shares in the last quarter. Albion Financial Group UT raised its position in ASML by 27.8% in the 3rd quarter. Albion Financial Group UT now owns 46 shares of the semiconductor company’s stock worth $45,000 after buying an additional 10 shares during the last quarter. Global Assets Advisory LLC lifted its stake in ASML by 2.3% during the 3rd quarter. Global Assets Advisory LLC now owns 452 shares of the semiconductor company’s stock valued at $438,000 after acquiring an additional 10 shares during the period. State of Wyoming boosted its holdings in shares of ASML by 4.2% during the 3rd quarter. State of Wyoming now owns 247 shares of the semiconductor company’s stock valued at $239,000 after acquiring an additional 10 shares during the last quarter. Finally, Western Pacific Wealth Management LP grew its stake in shares of ASML by 4.9% in the third quarter. Western Pacific Wealth Management LP now owns 235 shares of the semiconductor company’s stock worth $228,000 after acquiring an additional 11 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

NASDAQ ASML opened at $1,406.87 on Friday. The business’s fifty day moving average is $1,239.65 and its 200 day moving average is $1,025.22. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,493.47. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26. The company has a market capitalization of $553.29 billion, a PE ratio of 54.49, a price-to-earnings-growth ratio of 1.63 and a beta of 1.89.

ASML Increases Dividend

The company also recently announced 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 represents a $12.71 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Monday, April 27th. This is a positive change from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio (DPR) is 24.79%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a report on Monday, February 2nd. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research note on Wednesday, January 28th. Rothschild & Co Redburn set a $1,200.00 price objective on ASML in a report on Friday, November 7th. Citigroup reissued a “buy” rating on shares of ASML in a report on Tuesday, January 20th. Finally, HSBC restated a “buy” rating on shares of ASML in a research note on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,475.00.

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.