TD Waterhouse Canada Inc. trimmed its holdings in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 1.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,040 shares of the semiconductor company’s stock after selling 496 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in ASML were worth $75,638,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the business. Capstone Wealth Management Group LLC raised its stake in shares of ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares in the last quarter. AQR Capital Management LLC lifted its holdings in ASML by 141.1% in the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after purchasing an additional 4,021 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in ASML by 153.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after buying an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC grew its position in ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after buying an additional 15 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in ASML by 5.2% during the 2nd quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock valued at $9,122,000 after buying an additional 559 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Stock Performance
ASML opened at $1,646.19 on Friday. The firm has a market cap of $647.41 billion, a PE ratio of 51.22, a P/E/G ratio of 0.83 and a beta of 1.79. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09. The business has a fifty day simple moving average of $1,752.60 and a 200-day simple moving average of $1,600.03. ASML Holding N.V. has a fifty-two week low of $735.43 and a fifty-two week high of $1,999.96.
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 paid a $2.1507 dividend. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $8.60 dividend on an annualized basis and a yield of 0.5%. ASML’s dividend payout ratio (DPR) is currently 22.62%.
Analyst Ratings Changes
A number of analysts have commented on the stock. Morningstar downgraded shares of ASML to a “sell” rating in a research report on Wednesday, May 27th. Zacks Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Susquehanna reiterated a “positive” rating on shares of ASML in a research note on Tuesday, June 30th. Barclays reissued an “overweight” rating on shares of ASML in a report on Thursday, July 16th. Finally, Berenberg Bank restated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Four 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 issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,970.33.
View Our Latest Analysis on ASML
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.
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