ASML Holding N.V. $ASML Shares Purchased by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC lifted its position in ASML Holding N.V. (NASDAQ:ASML) by 0.5% in the third quarter, HoldingsChannel reports. The firm owned 121,941 shares of the semiconductor company’s stock after buying an additional 582 shares during the period. Chevy Chase Trust Holdings LLC’s holdings in ASML were worth $118,050,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of ASML. Telos Capital Management Inc. lifted its holdings in ASML by 4.5% in the third quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock valued at $10,504,000 after acquiring an additional 463 shares during the last quarter. Regents of The University of California acquired a new stake in ASML during the third quarter worth $413,335,000. Transcendent Capital Group LLC purchased a new stake in ASML in the third quarter valued at $680,000. Dimensional Fund Advisors LP raised its position in ASML by 4.1% in the third quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock valued at $959,180,000 after purchasing an additional 38,660 shares during the period. Finally, Principal Financial Group Inc. raised its position in ASML by 34.5% in the third quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock valued at $15,086,000 after purchasing an additional 4,001 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Down 0.4%

Shares of NASDAQ ASML opened at $1,345.69 on Friday. The business has a 50-day moving average of $1,380.42 and a two-hundred day moving average of $1,128.13. The company has a market capitalization of $529.24 billion, a price-to-earnings ratio of 52.12, a price-to-earnings-growth ratio of 1.30 and a beta of 1.88. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,547.22. 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 Increases Dividend

The firm also recently announced 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. The ex-dividend date is Monday, April 27th. This is a positive change from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 annualized dividend and a yield of 0.9%. ASML’s dividend payout ratio (DPR) is presently 41.83%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on ASML shares. Wells Fargo & Company upped their price target on ASML from $1,450.00 to $1,650.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. TD Cowen restated a “buy” rating on shares of ASML in a report on Wednesday, January 28th. UBS Group reaffirmed a “buy” rating on shares of ASML in a research report on Tuesday, March 3rd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Finally, KGI Securities set a $1,415.00 price target on shares of ASML and gave the company an “outperform” rating in a research report on Thursday, January 15th. 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,475.00.

About ASML

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.