ASML Holding N.V. $ASML Position Trimmed by Mackenzie Financial Corp

Mackenzie Financial Corp trimmed its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 2.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 45,956 shares of the semiconductor company’s stock after selling 999 shares during the period. Mackenzie Financial Corp’s holdings in ASML were worth $44,490,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Capital International Investors grew its position in shares of ASML by 17.3% during the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after buying an additional 577,448 shares during the last quarter. Regents of The University of California bought a new position in ASML in the third quarter worth about $413,335,000. WCM Investment Management LLC boosted its stake in ASML by 24.9% in the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock valued at $1,861,445,000 after acquiring an additional 385,502 shares during the period. Van ECK Associates Corp boosted its stake in ASML by 16.6% in the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock valued at $2,079,948,000 after acquiring an additional 305,435 shares during the period. Finally, Fisher Asset Management LLC grew its holdings in shares of ASML by 6.3% during the second quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock valued at $3,401,304,000 after purchasing an additional 250,934 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on ASML shares. KGI Securities set a $1,415.00 price target on ASML and gave the stock an “outperform” rating in a report on Thursday, January 15th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research note on Monday, February 2nd. Bank of America boosted their price target on shares of ASML from $1,092.00 to $1,331.00 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Finally, Susquehanna reaffirmed a “positive” rating on shares of ASML in a report on Monday, January 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,475.00.

ASML Stock Down 2.5%

Shares of ASML stock opened at $1,351.58 on Friday. 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 Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,547.22. The business’s fifty day moving average price is $1,376.78 and its two-hundred day moving average price is $1,121.49. The company has a market capitalization of $531.55 billion, a P/E ratio of 52.35, a PEG ratio of 1.34 and a beta of 1.88.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be paid a dividend of $3.1771 per share. This is an increase from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Monday, April 27th. ASML’s dividend payout ratio (DPR) is presently 25.10%.

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.