William John Sempolinski acquired a new position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 710 shares of the semiconductor company’s stock, valued at approximately $1,413,000.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Cornerstone Financial Management LLC bought a new stake in shares of ASML during the 4th quarter worth about $26,000. Binnacle Investments Inc raised its holdings in 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 period. Resources Management Corp CT ADV lifted its position in ASML by 1,150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 23 shares during the last quarter. Field & Main Bank acquired a new stake in ASML during the second quarter worth approximately $30,000. Finally, Jessup Wealth Management Inc bought a new stake in shares of ASML during the fourth quarter worth approximately $30,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Stock Up 4.2%
Shares of NASDAQ ASML opened at $1,714.88 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. ASML Holding N.V. has a 52 week low of $766.24 and a 52 week high of $1,999.96. The stock has a market capitalization of $674.43 billion, a P/E ratio of 53.36, a PEG ratio of 0.81 and a beta of 1.79. The stock’s fifty day moving average is $1,751.00 and its 200 day moving average is $1,600.83.
ASML Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were given a $2.1507 dividend. The ex-dividend date was Tuesday, July 28th. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. ASML’s payout ratio is presently 22.62%.
Analyst Ratings Changes
Several equities analysts have recently commented on ASML shares. Royal Bank Of Canada upped their target price on ASML from $1,700.00 to $2,000.00 and gave the company an “outperform” rating in a research report on Tuesday, July 14th. DZ Bank upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. JPMorgan Chase & Co. boosted their price target on ASML from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a report on Tuesday, June 30th. Finally, Bank of America increased their price objective on ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $1,970.33.
Get Our Latest Stock Analysis on ASML
ASML 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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