ASML Holding N.V. $ASML Stake Raised by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. raised its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 2.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,143 shares of the semiconductor company’s stock after acquiring an additional 2,277 shares during the period. Johnson Investment Counsel Inc.’s holdings in ASML were worth $99,852,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Manning & Napier Advisors LLC bought a new stake in shares of ASML during the third quarter valued at about $25,000. Princeton Global Asset Management LLC grew its position in ASML by 153.8% in the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 20 shares in the last quarter. City Holding Co. acquired a new position in ASML during the 3rd quarter valued at about $26,000. Binnacle Investments Inc raised its position in shares of ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. bought a new stake in shares of ASML during the 2nd quarter worth about $30,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research note on Wednesday, January 28th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. Weiss Ratings downgraded ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Evercore reaffirmed an “outperform” rating on shares of ASML in a research note on Thursday, October 16th. Finally, UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Thursday, January 29th. Three investment 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 data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average target price of $1,475.00.

ASML Stock Up 1.2%

ASML stock opened at $1,429.49 on Tuesday. 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 capitalization of $562.19 billion, a P/E ratio of 55.36, a P/E/G ratio of 1.63 and a beta of 1.89. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,493.47. The company’s 50 day simple moving average is $1,221.72 and its 200-day simple moving average is $1,014.70.

ASML Increases Dividend

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

About ASML

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.