ASML Holding N.V. $ASML is Aspiring Ventures LLC’s 5th Largest Position

Aspiring Ventures LLC lowered its holdings in ASML Holding N.V. (NASDAQ:ASML) by 7.1% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,695 shares of the semiconductor company’s stock after selling 435 shares during the period. ASML makes up 1.9% of Aspiring Ventures LLC’s holdings, making the stock its 5th biggest holding. Aspiring Ventures LLC’s holdings in ASML were worth $5,513,000 as of its most recent SEC filing.

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

ASML Trading Up 0.9%

Shares of ASML stock opened at $1,419.78 on Wednesday. The company has a fifty day simple moving average of $1,257.70 and a 200-day simple moving average of $1,044.44. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,493.47. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. The stock has a market cap of $558.37 billion, a price-to-earnings ratio of 54.99, a PEG ratio of 1.60 and a beta of 1.89.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be given a $3.1771 dividend. This is a boost from ASML’s previous quarterly dividend of $1.88. The ex-dividend date of this dividend is Monday, April 27th. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. ASML’s payout ratio is currently 25.10%.

Analyst Ratings Changes

ASML has been the subject of several recent research reports. Zacks Research upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research note on Friday, January 23rd. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a report on Monday, February 2nd. Santander lowered shares of ASML from a “neutral” rating to an “underperform” rating in a report on Thursday, January 22nd. Finally, Weiss Ratings cut shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus target price of $1,475.00.

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.