Focus Partners Advisor Solutions LLC boosted its stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 15.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,251 shares of the semiconductor company’s stock after purchasing an additional 172 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in ASML were worth $829,000 at the end of the most recent reporting period.
A number of other institutional investors also recently made changes to their positions in the company. Rossmore Private Capital boosted its holdings in shares of ASML by 0.3% during the first quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock worth $2,880,000 after acquiring an additional 14 shares during the period. Sage Mountain Advisors LLC boosted its holdings in ASML by 2.6% in the 1st quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company’s stock valued at $399,000 after purchasing an additional 15 shares during the period. Manchester Capital Management LLC grew its position in ASML by 15.2% during the first quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company’s stock worth $76,000 after buying an additional 15 shares in the last quarter. Nilsine Partners LLC grew its position in ASML by 2.6% during the first quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company’s stock worth $418,000 after buying an additional 16 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its position in ASML by 3.2% during the first quarter. First Horizon Advisors Inc. now owns 516 shares of the semiconductor company’s stock worth $342,000 after buying an additional 16 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.
ASML Stock Up 1.5%
Shares of NASDAQ ASML opened at $736.82 on Thursday. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $873.65. The company has a market cap of $289.88 billion, a price-to-earnings ratio of 30.75, a PEG ratio of 1.51 and a beta of 1.80. The firm’s fifty day moving average is $750.29 and its 200 day moving average is $726.09.
ASML Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were issued a $1.856 dividend. The ex-dividend date was Tuesday, July 29th. This is a positive change from ASML’s previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a dividend yield of 1.0%. ASML’s dividend payout ratio (DPR) is currently 26.21%.
Analysts Set New Price Targets
Several analysts recently issued reports on the stock. Barclays reiterated an “equal weight” rating on shares of ASML in a research report on Tuesday, June 3rd. Erste Group Bank reiterated a “hold” rating on shares of ASML in a report on Wednesday, July 23rd. DZ Bank cut ASML from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 16th. Sanford C. Bernstein started coverage on ASML in a report on Tuesday, June 17th. They issued a “market perform” rating and a $806.00 target price on the stock. Finally, New Street Research upgraded ASML from a “neutral” rating to a “buy” rating in a research note on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average price target of $923.80.
Get Our Latest Stock Analysis on ASML
ASML Profile
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.
Read More
- Five stocks we like better than ASML
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Back-to-School Shopping Hits $40B: 3 Retail Stocks to Watch Now
- Why Are These Companies Considered Blue Chips?
- Alphabet Stock Surges After Dodging Harsh Antitrust Remedies
- How to find penny stocks to invest and tradeĀ
- Why Qualcomm Is Outperforming NVIDIA After Months of Lagging
Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML – Free Report).
Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.