American Money Management LLC Boosts Stock Position in ASML Holding N.V. $ASML

American Money Management LLC boosted its stake in ASML Holding N.V. (NASDAQ:ASML) by 4.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,072 shares of the semiconductor company’s stock after acquiring an additional 359 shares during the period. ASML accounts for approximately 1.5% of American Money Management LLC’s holdings, making the stock its 25th biggest holding. American Money Management LLC’s holdings in ASML were worth $8,783,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of ASML. Regents of The University of California purchased a new stake in ASML in the third quarter worth about $413,335,000. WCM Investment Management LLC grew its holdings in shares of ASML by 24.9% during the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock worth $1,861,445,000 after acquiring an additional 385,502 shares during the period. Fisher Asset Management LLC raised its position in shares of ASML by 6.3% in the 2nd quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock worth $3,401,304,000 after acquiring an additional 250,934 shares in the last quarter. Acadian Asset Management LLC lifted its stake in shares of ASML by 114.3% in the 2nd quarter. Acadian Asset Management LLC now owns 329,878 shares of the semiconductor company’s stock valued at $264,333,000 after purchasing an additional 175,939 shares during the period. Finally, Rafferty Asset Management LLC boosted its position in shares of ASML by 32.4% during the second quarter. Rafferty Asset Management LLC now owns 413,280 shares of the semiconductor company’s stock valued at $331,198,000 after purchasing an additional 101,041 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

Shares of ASML opened at $1,469.59 on Monday. The firm has a 50 day moving average of $1,279.18 and a 200 day moving average of $1,060.76. 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 twelve month low of $578.51 and a twelve month high of $1,493.47. The company has a market capitalization of $577.96 billion, a P/E ratio of 56.92, a price-to-earnings-growth ratio of 1.67 and a beta of 1.89.

ASML Increases Dividend

The business also recently announced 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. The ex-dividend date is Monday, April 27th. This represents a $12.71 annualized dividend and a yield of 0.9%. This is an increase from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio (DPR) is currently 25.10%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ASML. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a report on Wednesday, January 28th. Rothschild & Co Redburn set a $1,200.00 target price on shares of ASML in a research report on Friday, November 7th. Santander lowered shares of ASML from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 22nd. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, January 26th. Finally, Sanford C. Bernstein set a $1,911.00 price objective on shares of ASML in a report on Thursday, January 29th. Three research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus price target 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.