Hemenway Trust Co LLC Purchases 462 Shares of ASML Holding N.V. $ASML

Hemenway Trust Co LLC lifted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 28.2% during the third quarter, HoldingsChannel reports. The firm owned 2,103 shares of the semiconductor company’s stock after purchasing an additional 462 shares during the period. Hemenway Trust Co LLC’s holdings in ASML were worth $2,045,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Capstone Wealth Management Group LLC boosted its position in shares of ASML by 5.2% in 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 acquiring an additional 124 shares during the period. AQR Capital Management LLC increased its holdings in shares of ASML by 141.1% during the 1st 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 lifted its stake in shares of ASML by 153.1% in the first 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 during the period. Sivia Capital Partners LLC grew its position in ASML by 1.3% during the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after buying an additional 15 shares in the last quarter. Finally, Stephens Inc. AR increased its stake in ASML by 6.2% during the second quarter. Stephens Inc. AR now owns 2,932 shares of the semiconductor company’s stock valued at $2,350,000 after acquiring an additional 172 shares during the period. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the topic of several recent research reports. Bank of America lifted their price objective on ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a report on Wednesday, January 28th. Weiss Ratings cut shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. UBS Group reiterated a “buy” rating on shares of ASML in a research report on Thursday, January 29th. Finally, Sanford C. Bernstein set a $1,911.00 price target on shares of ASML in a research report on Thursday, January 29th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,475.00.

ASML Stock Down 0.7%

Shares of ASML opened at $1,458.93 on Friday. The business’s 50 day simple moving average is $1,271.41 and its 200-day simple moving average is $1,050.27. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,493.47. The company has a market capitalization of $573.77 billion, a P/E ratio of 56.50, a PEG ratio of 1.67 and a beta of 1.89. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be paid a $3.1771 dividend. The ex-dividend date of this dividend is Monday, April 27th. This is a boost from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 annualized dividend and a yield of 0.9%. ASML’s payout ratio is currently 25.10%.

About ASML

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.