Stephens Inc. AR raised its holdings in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 6.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,932 shares of the semiconductor company’s stock after acquiring an additional 172 shares during the quarter. Stephens Inc. AR’s holdings in ASML were worth $2,350,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. UMB Bank n.a. lifted its stake in shares of ASML by 4.3% in the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock worth $254,000 after buying an additional 13 shares during the last quarter. Rossmore Private Capital lifted its stake in shares of ASML by 0.3% in the first quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock worth $2,880,000 after buying an additional 14 shares during the last quarter. Baring Financial LLC lifted its stake in shares of ASML by 2.8% in the second quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock worth $409,000 after buying an additional 14 shares during the last quarter. Sage Mountain Advisors LLC lifted its stake in shares of ASML by 2.6% in the first quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company’s stock worth $399,000 after buying an additional 15 shares during the last quarter. Finally, Manchester Capital Management LLC lifted its stake in shares of ASML by 15.2% in 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 during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Stock Performance
NASDAQ ASML opened at $1,011.57 on Thursday. The stock has a market cap of $397.83 billion, a P/E ratio of 41.17, a PEG ratio of 1.69 and a beta of 1.87. The company’s 50-day simple moving average is $881.48 and its 200 day simple moving average is $781.44. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,059.00. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.
ASML Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be issued a $1.857 dividend. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s payout ratio is currently 25.56%.
Analyst Ratings Changes
Several equities analysts recently commented on the stock. Susquehanna upped their target price on shares of ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a research note on Friday, October 10th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Friday, October 10th. New Street Research reiterated a “neutral” rating on shares of ASML in a research note on Monday, October 6th. Mizuho upgraded shares of ASML from a “neutral” rating to an “outperform” rating in a research note on Monday, September 29th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of ASML in a report on Wednesday, October 8th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,051.60.
Read Our Latest Report 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.
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