Financial & Tax Architects LLC Purchases Shares of 2,487 ASML Holding N.V. $ASML

Financial & Tax Architects LLC purchased a new stake in ASML Holding N.V. (NASDAQ:ASML) during the third quarter, Holdings Channel reports. The firm purchased 2,487 shares of the semiconductor company’s stock, valued at approximately $2,408,000.

Other large investors have also recently modified their holdings of the company. Manning & Napier Advisors LLC purchased a new position in ASML in the third quarter worth $25,000. City Holding Co. purchased a new stake in shares of ASML during the 3rd quarter valued at $26,000. Princeton Global Asset Management LLC boosted its position in shares of ASML by 153.8% in the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 20 shares in the last quarter. Binnacle Investments Inc grew its stake in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares during the last quarter. Finally, Pin Oak Investment Advisors Inc. acquired a new position in ASML during the 2nd quarter valued at about $30,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Up 0.8%

NASDAQ:ASML opened at $1,350.16 on Friday. The firm has a market capitalization of $531.00 billion, a P/E ratio of 52.29, a PEG ratio of 1.54 and a beta of 1.89. The company’s fifty day moving average price is $1,207.75 and its 200-day moving average price is $1,000.78. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,493.47. 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 business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be issued a $3.1771 dividend. This is a boost from ASML’s previous quarterly dividend of $1.88. The ex-dividend date of this dividend is Monday, April 27th. This represents a $12.71 annualized dividend and a dividend yield of 0.9%. ASML’s payout ratio is presently 24.79%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ASML shares. Rothschild Redb raised ASML from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a research report on Monday. Bank Degroof downgraded shares of ASML to a “hold” rating in a research report on Friday, October 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research note on Thursday, January 29th. Finally, Royal Bank Of Canada lifted their price objective on shares of ASML from $1,550.00 to $1,625.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus target price 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.