15,314 Shares in ASML Holding N.V. $ASML Acquired by Stevens Capital Management LP

Stevens Capital Management LP acquired a new stake in ASML Holding N.V. (NASDAQ:ASML) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 15,314 shares of the semiconductor company’s stock, valued at approximately $14,825,000. ASML makes up about 2.0% of Stevens Capital Management LP’s holdings, making the stock its 15th biggest position.

Several other large investors have also recently added to or reduced their stakes in the company. Regents of The University of California acquired a new position in shares of ASML in the third quarter valued at about $413,335,000. WCM Investment Management LLC boosted its holdings in ASML by 24.9% in the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock valued at $1,861,445,000 after purchasing an additional 385,502 shares during the period. Fisher Asset Management LLC boosted its holdings in ASML by 6.3% in the 2nd quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock valued at $3,401,304,000 after purchasing an additional 250,934 shares during the period. Acadian Asset Management LLC grew its position in shares of ASML by 114.3% during the 2nd quarter. Acadian Asset Management LLC now owns 329,878 shares of the semiconductor company’s stock worth $264,333,000 after purchasing an additional 175,939 shares in the last quarter. Finally, Rafferty Asset Management LLC increased its holdings in shares of ASML by 32.4% during the second quarter. Rafferty Asset Management LLC now owns 413,280 shares of the semiconductor company’s stock worth $331,198,000 after purchasing an additional 101,041 shares during the period. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on ASML. Citigroup reiterated a “buy” rating on shares of ASML in a research report on Tuesday, January 20th. Wells Fargo & Company lifted their price objective on ASML from $1,450.00 to $1,650.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Thursday, January 29th. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research report on Wednesday, January 28th. Finally, Susquehanna reaffirmed a “positive” rating on shares of ASML in a research note on Monday, January 12th. Three research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,475.00.

ASML Price Performance

Shares of ASML stock opened at $1,469.59 on Friday. The business has a fifty day simple moving average of $1,279.18 and a 200 day simple moving average of $1,055.61. The company has a market cap of $577.96 billion, a P/E ratio of 56.92, a P/E/G ratio of 1.66 and a beta of 1.89. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,493.47.

ASML Increases Dividend

The business also recently announced 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 represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. This is an increase from ASML’s previous quarterly dividend of $1.88. The ex-dividend date of this dividend is Monday, April 27th. ASML’s dividend payout ratio (DPR) is currently 25.10%.

ASML Profile

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.