ASML Holding N.V. $ASML Shares Bought by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC grew its stake in ASML Holding N.V. (NASDAQ:ASML) by 132.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,392 shares of the semiconductor company’s stock after buying an additional 1,363 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in ASML were worth $2,316,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Valley Brook Capital Group Inc. raised its position in ASML by 37.2% during the third quarter. Valley Brook Capital Group Inc. now owns 967 shares of the semiconductor company’s stock valued at $936,000 after acquiring an additional 262 shares in the last quarter. Penserra Capital Management LLC increased its holdings in shares of ASML by 43.4% during the 3rd quarter. Penserra Capital Management LLC now owns 35,350 shares of the semiconductor company’s stock valued at $34,221,000 after purchasing an additional 10,691 shares in the last quarter. Adell Harriman & Carpenter Inc. lifted its stake in shares of ASML by 11.6% in the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 1,068 shares of the semiconductor company’s stock valued at $1,034,000 after purchasing an additional 111 shares during the period. Westside Investment Management Inc. boosted its holdings in ASML by 19.4% during the third quarter. Westside Investment Management Inc. now owns 1,107 shares of the semiconductor company’s stock worth $1,077,000 after buying an additional 180 shares in the last quarter. Finally, Elm Partners Management LLC acquired a new stake in ASML during the third quarter valued at $331,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Trading Up 0.8%

Shares of ASML stock opened at $1,350.16 on Friday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,493.47. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26. The stock’s fifty day moving average is $1,207.75 and its two-hundred day moving average is $1,000.78. 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.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders 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 yield of 0.9%. The ex-dividend date is Monday, April 27th. This is a positive change from ASML’s previous quarterly dividend of $1.88. ASML’s payout ratio is currently 24.79%.

Analysts Set New Price Targets

A number of research analysts have weighed in on ASML shares. TD Cowen reiterated a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. Santander downgraded ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd. Citigroup restated a “buy” rating on shares of ASML in a research report on Tuesday, January 20th. Weiss Ratings lowered ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a report on Monday. Four 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 given 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 an average target price 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.