Spinnaker Trust Purchases Shares of 7,265 ASML Holding N.V. $ASML

Spinnaker Trust purchased a new stake in ASML Holding N.V. (NASDAQ:ASML) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 7,265 shares of the semiconductor company’s stock, valued at approximately $7,033,000.

Other large investors have also modified their holdings of the company. Fisher Asset Management LLC lifted its position in ASML by 6.3% during the 2nd quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock worth $3,401,304,000 after acquiring an additional 250,934 shares during the last quarter. WCM Investment Management LLC lifted its position in shares of ASML by 24.9% during the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock worth $1,861,445,000 after purchasing an additional 385,502 shares during the last quarter. Franklin Resources Inc. boosted its stake in ASML by 5.2% during the 2nd quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock valued at $611,933,000 after purchasing an additional 37,994 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in ASML by 14.1% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 583,093 shares of the semiconductor company’s stock valued at $467,285,000 after buying an additional 72,164 shares during the last quarter. Finally, Brown Advisory Inc. increased its position in ASML by 1.8% in the 2nd quarter. Brown Advisory Inc. now owns 448,798 shares of the semiconductor company’s stock worth $359,662,000 after buying an additional 8,070 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

Shares of ASML stock opened at $1,413.01 on Friday. The firm has a market cap of $555.71 billion, a P/E ratio of 54.73, a price-to-earnings-growth ratio of 1.56 and a beta of 1.89. The firm’s 50-day simple moving average is $1,214.91 and its 200-day simple moving average is $1,005.59. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month 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.

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 paid a $3.1771 dividend. The ex-dividend date is Monday, April 27th. This represents a $12.71 annualized dividend and a dividend yield of 0.9%. This is an increase from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio is currently 24.55%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ASML shares. Grupo Santander cut ASML to an “underperform” rating in a research report on Thursday, January 22nd. HSBC reissued a “buy” rating on shares of ASML in a report on Friday, October 17th. Rothschild & Co Redburn set a $1,200.00 price objective on shares of ASML in a report on Friday, November 7th. Wells Fargo & Company increased their target price on shares of ASML from $1,450.00 to $1,650.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Finally, Susquehanna reissued a “positive” rating on shares of ASML in a research report on Monday, January 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus 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.