HighTower Advisors LLC Has $114.47 Million Stock Holdings in ASML Holding N.V. $ASML

HighTower Advisors LLC increased its holdings in ASML Holding N.V. (NASDAQ:ASMLFree Report) by 0.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 118,215 shares of the semiconductor company’s stock after acquiring an additional 401 shares during the period. HighTower Advisors LLC’s holdings in ASML were worth $114,470,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Fisher Asset Management LLC boosted its stake in shares of ASML by 6.3% in the 2nd quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock worth $3,401,304,000 after buying an additional 250,934 shares during the last quarter. WCM Investment Management LLC lifted its holdings in ASML by 24.9% during the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock worth $1,861,445,000 after acquiring an additional 385,502 shares during the period. Franklin Resources Inc. grew its stake in ASML by 5.2% in the 2nd quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock valued at $611,933,000 after purchasing an additional 37,994 shares during the period. Massachusetts Financial Services Co. MA increased its position in shares of ASML by 14.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 583,093 shares of the semiconductor company’s stock valued at $467,285,000 after purchasing an additional 72,164 shares during the last quarter. Finally, Brown Advisory Inc. raised its stake in shares of ASML by 1.8% during the 2nd quarter. Brown Advisory Inc. now owns 448,798 shares of the semiconductor company’s stock worth $359,662,000 after purchasing an additional 8,070 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

ASML stock opened at $1,406.61 on Monday. 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 stock has a market cap of $553.19 billion, a P/E ratio of 54.48, a price-to-earnings-growth ratio of 1.60 and a beta of 1.89. The firm’s fifty day moving average price is $1,245.79 and its 200-day moving average price is $1,034.29.

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 given a dividend of $3.1771 per share. This represents a $12.71 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, April 27th. This is an increase from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio is currently 25.10%.

Analyst Ratings Changes

ASML has been the topic of a number of research analyst reports. UBS Group reiterated a “buy” rating on shares of ASML in a research note on Thursday, January 29th. Zacks Research raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. Rothschild & Co Redburn set a $1,200.00 price objective on ASML in a report on Friday, November 7th. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a report on Friday, January 16th. Finally, Royal Bank Of Canada increased their target price on shares of ASML from $1,550.00 to $1,625.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Three research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,475.00.

Read Our Latest Report on ASML

ASML News Summary

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About ASML

(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.

See Also

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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