SLT Holdings LLC raised its position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 16.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,815 shares of the semiconductor company’s stock after purchasing an additional 260 shares during the quarter. ASML makes up approximately 1.1% of SLT Holdings LLC’s investment portfolio, making the stock its 21st largest holding. SLT Holdings LLC’s holdings in ASML were worth $1,455,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Putney Financial Group LLC grew its holdings in ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 29 shares during the period. Banque Cantonale Vaudoise acquired a new stake in ASML during the first quarter worth approximately $27,000. Maseco LLP acquired a new stake in ASML during the second quarter worth approximately $32,000. Knuff & Co LLC acquired a new stake in ASML during the first quarter worth approximately $33,000. Finally, Costello Asset Management INC grew its stake in ASML by 147.1% during the second quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 25 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Stock Down 4.5%
Shares of NASDAQ ASML opened at $936.19 on Friday. The stock has a market capitalization of $368.18 billion, a P/E ratio of 39.07, a P/E/G ratio of 1.66 and a beta of 1.87. The company has a 50-day moving average price of $834.05 and a 200-day moving average price of $762.09. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,059.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81.
ASML Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were given a dividend of $1.856 per share. The ex-dividend date of this dividend 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 0.8%. ASML’s payout ratio is presently 26.21%.
Wall Street Analyst Weigh In
Several analysts have recently commented on the stock. Bank Degroof downgraded shares of ASML to a “hold” rating in a research report on Friday. DZ Bank restated a “neutral” rating on shares of ASML in a report on Thursday, September 25th. New Street Research restated a “neutral” rating on shares of ASML in a report on Monday, October 6th. Wells Fargo & Company raised their target price on ASML from $840.00 to $890.00 and gave the company an “overweight” rating in a research note on Tuesday, July 8th. Finally, Mizuho upgraded ASML from a “neutral” rating to an “outperform” rating in a research note on Monday, September 29th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,001.60.
Get Our Latest Stock Analysis on ASML
ASML Company 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.
Featured Stories
- Five stocks we like better than ASML
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- 3 Heavily Shorted Stocks That Could Pop on Rate Cuts
- Insider Trades May Not Tell You What You Think
- Broadcom Gets Second $420 Target as CPO Win Boosts Outlook
- What is a Special Dividend?
- PepsiCo’s Deep Discount Will Soon Evaporate: Buy It While You Can
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.