ABC Arbitrage SA Purchases New Position in ASML Holding N.V. $ASML

ABC Arbitrage SA bought a new stake in ASML Holding N.V. (NASDAQ:ASML) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,511 shares of the semiconductor company’s stock, valued at approximately $3,399,000.

Other hedge funds also recently bought and sold shares of the company. Stratos Wealth Partners LTD. grew its holdings in ASML by 3.3% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 5,708 shares of the semiconductor company’s stock valued at $5,526,000 after purchasing an additional 185 shares during the last quarter. Stratos Wealth Advisors LLC boosted its position in shares of ASML by 5.9% during the third quarter. Stratos Wealth Advisors LLC now owns 609 shares of the semiconductor company’s stock valued at $590,000 after buying an additional 34 shares during the period. Liberty Capital Management Inc. grew its stake in shares of ASML by 12.2% during the third quarter. Liberty Capital Management Inc. now owns 3,746 shares of the semiconductor company’s stock valued at $3,626,000 after buying an additional 408 shares during the last quarter. Wealthstream Advisors Inc. raised its holdings in shares of ASML by 11.7% in the third quarter. Wealthstream Advisors Inc. now owns 533 shares of the semiconductor company’s stock worth $516,000 after buying an additional 56 shares during the period. Finally, Compagnie Lombard Odier SCmA bought a new stake in shares of ASML during the 3rd quarter worth approximately $362,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on ASML shares. Weiss Ratings downgraded ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Evercore reissued an “outperform” rating on shares of ASML in a research note on Thursday, October 16th. Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. TD Cowen reiterated a “buy” rating on shares of ASML in a report on Wednesday, January 28th. Finally, Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, January 26th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,475.00.

ASML Stock Performance

Shares of ASML stock opened at $1,413.62 on Wednesday. The company has a 50 day moving average price of $1,227.82 and a 200 day moving average price of $1,019.64. The firm has a market capitalization of $555.95 billion, a P/E ratio of 54.75, a PEG ratio of 1.65 and a beta of 1.89. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,493.47.

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 paid a dividend of $3.1771 per share. This represents a $12.71 annualized dividend 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 dividend payout ratio (DPR) is presently 24.55%.

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.