Elefante Mark B Buys Shares of 493 ASML Holding N.V. $ASML

Elefante Mark B purchased a new position in shares of ASML Holding N.V. (NASDAQ:ASML) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 493 shares of the semiconductor company’s stock, valued at approximately $479,000.

Other institutional investors have also bought and sold shares of the company. Telos Capital Management Inc. boosted its position in shares of ASML by 4.5% during the third quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock valued at $10,504,000 after buying an additional 463 shares during the period. Daymark Wealth Partners LLC grew its position in shares of ASML by 25.3% during the 2nd quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock worth $3,738,000 after buying an additional 941 shares in the last quarter. Regents of The University of California bought a new position in ASML during the 3rd quarter worth about $413,335,000. Transcendent Capital Group LLC purchased a new position in ASML during the third quarter valued at approximately $680,000. Finally, Principal Financial Group Inc. increased its holdings in shares of ASML by 34.5% in the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock valued at $15,086,000 after acquiring an additional 4,001 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML stock opened at $1,458.93 on Friday. The business has a 50 day simple moving average of $1,271.41 and a 200-day simple moving average of $1,050.27. The firm has a market capitalization of $573.77 billion, a PE ratio of 56.50, a price-to-earnings-growth ratio of 1.67 and a beta of 1.89. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,493.47.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Investors 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 of this dividend is Monday, April 27th. This is an increase from ASML’s previous quarterly dividend of $1.88. ASML’s payout ratio is currently 25.10%.

Analysts Set New Price Targets

ASML has been the subject of several analyst reports. Cantor Fitzgerald reissued an “overweight” rating on shares of ASML in a research report on Tuesday, December 16th. UBS Group restated a “buy” rating on shares of ASML in a report on Thursday, January 29th. Santander downgraded ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd. Royal Bank Of Canada raised their price objective on ASML from $1,550.00 to $1,625.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Finally, Wells Fargo & Company lifted their price objective on shares of ASML from $1,450.00 to $1,650.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Three 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,475.00.

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.