ASML Holding N.V. $ASML Stock Holdings Trimmed by Capital World Investors

Capital World Investors trimmed its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 4.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,187,006 shares of the semiconductor company’s stock after selling 179,779 shares during the period. Capital World Investors owned approximately 1.06% of ASML worth $4,053,125,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ASML. Manning & Napier Advisors LLC acquired a new stake in shares of ASML in the 3rd quarter worth approximately $25,000. City Holding Co. bought a new stake in ASML during the third quarter worth approximately $26,000. Binnacle Investments Inc lifted its position in ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares during the period. Pin Oak Investment Advisors Inc. bought a new position in ASML during the 2nd quarter valued at $30,000. Finally, IAG Wealth Partners LLC raised its stake in shares of ASML by 300.0% in the 3rd quarter. IAG Wealth Partners LLC now owns 40 shares of the semiconductor company’s stock worth $39,000 after buying an additional 30 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

ASML stock opened at $1,357.42 on Tuesday. The firm has a 50 day simple moving average of $1,358.58 and a 200 day simple moving average of $1,113.58. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,547.22. The stock has a market cap of $533.85 billion, a P/E ratio of 52.57, a P/E/G ratio of 1.25 and a beta of 1.88. 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 business also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be paid a $3.1771 dividend. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. This is a boost 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%.

Analysts Set New Price Targets

A number of research firms recently issued reports on ASML. Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Berenberg Bank reiterated a “buy” rating on shares of ASML in a report on Friday, January 23rd. TD Cowen restated a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. Royal Bank Of Canada increased their price objective on ASML from $1,550.00 to $1,625.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Finally, Santander lowered ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,475.00.

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.