Smartleaf Asset Management LLC Acquires 491 Shares of ASML Holding N.V. $ASML

Smartleaf Asset Management LLC lifted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 22.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,681 shares of the semiconductor company’s stock after purchasing an additional 491 shares during the quarter. Smartleaf Asset Management LLC’s holdings in ASML were worth $2,581,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

A number of equities research analysts have weighed in on ASML shares. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a report on Friday, January 23rd. Wells Fargo & Company raised their price objective on ASML from $1,450.00 to $1,650.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a report on Thursday, January 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a report on Friday, January 16th. Finally, Susquehanna reiterated 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 assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,475.00.

ASML Stock Up 4.7%

Shares of NASDAQ ASML opened at $1,413.01 on Monday. 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. The firm has a market cap of $555.71 billion, a PE ratio of 54.73, a price-to-earnings-growth ratio of 1.63 and a beta of 1.89. The company has a 50 day simple moving average of $1,214.91 and a 200 day simple moving average of $1,009.74.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be paid a $3.1771 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, April 27th. ASML’s payout ratio is presently 24.79%.

ASML Company 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.