ASML Holding N.V. $ASML Position Reduced by Northeast Investment Management

Northeast Investment Management lessened its holdings in ASML Holding N.V. (NASDAQ:ASML) by 2.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,339 shares of the semiconductor company’s stock after selling 695 shares during the period. ASML comprises approximately 1.3% of Northeast Investment Management’s portfolio, making the stock its 21st biggest position. Northeast Investment Management’s holdings in ASML were worth $32,275,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Capstone Wealth Management Group LLC increased its stake in shares of ASML by 5.2% during the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after purchasing an additional 124 shares during the last quarter. AQR Capital Management LLC lifted its position in ASML by 141.1% in the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after purchasing an additional 4,021 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in ASML by 153.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after purchasing an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of ASML by 1.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after buying an additional 15 shares during the period. Finally, Harbour Investments Inc. lifted its holdings in shares of ASML by 14.1% during the second quarter. Harbour Investments Inc. now owns 453 shares of the semiconductor company’s stock valued at $363,000 after acquiring an additional 56 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on ASML. Cantor Fitzgerald reissued an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research report on Thursday, January 29th. Rothschild & Co Redburn set a $1,200.00 price objective on ASML in a research note on Friday, November 7th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research note on Monday, January 12th. Finally, Berenberg Bank reiterated a “buy” rating on shares of ASML in a report on Friday, January 23rd. Three investment 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’s stock. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average price target of $1,475.00.

ASML Price Performance

Shares of ASML opened at $1,419.78 on Wednesday. The company’s 50-day moving average is $1,257.70 and its 200-day moving average is $1,044.44. 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 $558.37 billion, a PE ratio of 54.99, a PEG ratio of 1.60 and a beta of 1.89. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,493.47.

ASML Increases Dividend

The company 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 dividend of $3.1771 per share. 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%. The ex-dividend date of this dividend is Monday, April 27th. ASML’s payout ratio is 25.10%.

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.