ASML Holding N.V. $ASML Stock Holdings Lifted by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in ASML Holding N.V. (NASDAQ:ASML) by 8.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,635 shares of the semiconductor company’s stock after acquiring an additional 685 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in ASML were worth $17,179,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ashoka WhiteOak Capital Pte Ltd raised its stake in ASML by 0.4% during the 2nd quarter. Ashoka WhiteOak Capital Pte Ltd now owns 9,904 shares of the semiconductor company’s stock valued at $19,703,000 after purchasing an additional 44 shares during the period. AMG National Trust Bank lifted its position in shares of ASML by 103.9% in the second quarter. AMG National Trust Bank now owns 365 shares of the semiconductor company’s stock worth $727,000 after purchasing an additional 186 shares in the last quarter. Prospect Financial Group LLC purchased a new stake in ASML in the 2nd quarter worth approximately $302,000. Roman Butler Fullerton & Co. lifted its position in ASML by 6.3% in the 2nd quarter. Roman Butler Fullerton & Co. now owns 998 shares of the semiconductor company’s stock worth $1,985,000 after buying an additional 59 shares in the last quarter. Finally, Simplicity Wealth LLC boosted its stake in shares of ASML by 36.7% during the 2nd quarter. Simplicity Wealth LLC now owns 689 shares of the semiconductor company’s stock valued at $1,371,000 after buying an additional 185 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Down 0.1%

ASML stock opened at $1,750.31 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80. The company has a market capitalization of $688.36 billion, a price-to-earnings ratio of 54.46, a PEG ratio of 0.87 and a beta of 1.79. ASML Holding N.V. has a one year low of $716.20 and a one year high of $1,999.96. The company’s fifty day moving average price is $1,782.20 and its two-hundred day moving average price is $1,578.32.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. The company had revenue of $10.64 billion during the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. On average, analysts forecast that ASML Holding N.V. will post 44.85 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were issued a $2.1507 dividend. This represents a $8.60 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, July 28th. ASML’s payout ratio is 22.62%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Argus set a $2,100.00 price target on shares of ASML in a report on Thursday, July 16th. Susquehanna reiterated a “positive” rating on shares of ASML in a report on Tuesday, June 30th. Sanford C. Bernstein boosted their price target on ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a report on Thursday, June 11th. Finally, Bank of America raised their price objective on shares of ASML from $2,268.00 to $2,345.00 and gave the company 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 assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,970.33.

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.