Bessemer Group Inc. Decreases Stock Holdings in ASML Holding N.V. $ASML

Bessemer Group Inc. reduced its stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 0.3% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 113,204 shares of the semiconductor company’s stock after selling 359 shares during the quarter. Bessemer Group Inc.’s holdings in ASML were worth $149,524,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in ASML. Family Capital Management Inc. boosted its stake in shares of ASML by 0.8% during the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock worth $983,000 after acquiring an additional 7 shares in the last quarter. 44 Wealth Management LLC grew its holdings in shares of ASML by 1.1% in the 4th quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock worth $703,000 after acquiring an additional 7 shares during the period. Evolution Wealth Management Inc. increased its stake in ASML by 22.6% in the 1st quarter. Evolution Wealth Management Inc. now owns 38 shares of the semiconductor company’s stock valued at $50,000 after purchasing an additional 7 shares in the last quarter. Sky Investment Group LLC increased its stake in ASML by 2.1% in the 4th quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock valued at $411,000 after purchasing an additional 8 shares in the last quarter. Finally, White Lighthouse Investment Management Inc. raised its holdings in ASML by 2.2% during the fourth quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock worth $390,000 after purchasing an additional 8 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

Wall Street Analyst Weigh In

A number of research firms have commented on ASML. Freedom Capital upgraded ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. JPMorgan Chase & Co. raised their price target on ASML from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research report on Thursday. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research note on Tuesday, June 30th. Argus set a $2,100.00 price objective on shares of ASML in a research report on Thursday. Finally, Morningstar cut shares of ASML to a “sell” rating in a research note on Wednesday, May 27th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,970.33.

View Our Latest Report on ASML

ASML Price Performance

ASML stock opened at $1,784.87 on Friday. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,999.96. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The stock’s 50 day moving average price is $1,728.88 and its 200 day moving average price is $1,498.68. The firm has a market cap of $701.95 billion, a P/E ratio of 55.53, a PEG ratio of 1.38 and a beta of 1.78.

ASML (NASDAQ:ASMLGet Free Report) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The firm had revenue of $10.15 billion for the quarter. ASML had a return on equity of 54.12% and a net margin of 30.11%. On average, sell-side analysts expect that ASML Holding N.V. will post 36.6 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th will be paid a dividend of $2.1507 per share. The ex-dividend date of this dividend is Tuesday, July 28th. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. ASML’s dividend payout ratio (DPR) is presently 38.63%.

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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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