Landaas & Co. WI ADV Makes New Investment in ASML Holding N.V. $ASML

Landaas & Co. WI ADV acquired a new stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 464 shares of the semiconductor company’s stock, valued at approximately $496,000.

Other large investors have also recently modified their holdings of the company. Manning & Napier Advisors LLC bought a new position in ASML during the 3rd quarter worth approximately $25,000. City Holding Co. bought a new stake in ASML in the third quarter valued at approximately $26,000. Binnacle Investments Inc boosted its stake in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares during the period. JPL Wealth Management LLC purchased a new stake in shares of ASML during the third quarter valued at approximately $34,000. Finally, Wealth Watch Advisors INC bought a new position in shares of ASML in the third quarter worth approximately $34,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on ASML. KGI Securities set a $1,415.00 target price on shares of ASML and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Morgan Stanley reissued an “overweight” rating on shares of ASML in a report on Friday, January 16th. Weiss Ratings upgraded shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Barclays reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, April 1st. Finally, Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research note on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,482.50.

Read Our Latest Analysis on ASML

ASML Stock Down 1.0%

ASML stock opened at $1,304.01 on Tuesday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,547.22. The company has a market capitalization of $512.84 billion, a price-to-earnings ratio of 50.50, a price-to-earnings-growth ratio of 1.27 and a beta of 1.88. The business’s 50 day moving average price is $1,391.56 and its two-hundred day moving average price is $1,191.69. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be paid a $3.1771 dividend. The ex-dividend date of this dividend 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 1.0%. ASML’s payout ratio is currently 25.10%.

ASML News Roundup

Here are the key news stories impacting ASML this week:

ASML Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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