Mindset Wealth Management LLC Purchases New Position in ASML Holding N.V. $ASML

Mindset Wealth Management LLC acquired a new position in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 377 shares of the semiconductor company’s stock, valued at approximately $365,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Manning & Napier Advisors LLC bought a new stake in shares of ASML during the third quarter worth $25,000. City Holding Co. bought a new position in shares of ASML in the 3rd quarter valued at $26,000. Binnacle Investments Inc lifted its stake in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in shares of ASML during the 3rd quarter valued at $34,000. Finally, Wealth Watch Advisors INC acquired a new stake in shares of ASML during the 3rd quarter valued at $34,000. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML opened at $1,375.56 on Tuesday. The business has a 50-day moving average of $1,383.36 and a 200-day moving average of $1,134.97. 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 has a market capitalization of $540.98 billion, a price-to-earnings ratio of 53.28, a price-to-earnings-growth ratio of 1.30 and a beta of 1.88. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,547.22.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be issued a dividend of $3.1771 per share. This represents a $12.71 annualized dividend 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 25.10%.

ASML News Summary

Here are the key news stories impacting ASML this week:

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ASML. Royal Bank Of Canada upped their target price on ASML from $1,550.00 to $1,625.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Grupo Santander cut ASML to an “underperform” rating in a report on Thursday, January 22nd. UBS Group reaffirmed a “buy” rating on shares of ASML in a research note on Tuesday, March 3rd. Citigroup reiterated a “buy” rating on shares of ASML in a report on Tuesday, January 20th. Finally, Wells Fargo & Company lifted their target price on shares of ASML from $1,450.00 to $1,650.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,475.00.

Check Out Our Latest Stock Analysis on ASML

ASML Company Profile

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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