Alliancebernstein L.P. Boosts Holdings in ASML Holding N.V. $ASML

Alliancebernstein L.P. grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 75.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 790,869 shares of the semiconductor company’s stock after purchasing an additional 340,518 shares during the period. Alliancebernstein L.P. owned approximately 0.20% of ASML worth $765,632,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Warther Private Wealth LLC raised its position in shares of ASML by 2,755.6% in the 3rd quarter. Warther Private Wealth LLC now owns 21,731 shares of the semiconductor company’s stock worth $21,038,000 after acquiring an additional 20,970 shares in the last quarter. Creative Planning grew its position in ASML by 14.1% during the 3rd quarter. Creative Planning now owns 40,673 shares of the semiconductor company’s stock valued at $39,375,000 after purchasing an additional 5,016 shares during the last quarter. Lazard Asset Management LLC increased its position in shares of ASML by 0.3% during the third quarter. Lazard Asset Management LLC now owns 240,232 shares of the semiconductor company’s stock valued at $232,566,000 after acquiring an additional 761 shares in the last quarter. SummitTX Capital L.P. increased its holdings in shares of ASML by 347.1% in the 3rd quarter. SummitTX Capital L.P. now owns 13,414 shares of the semiconductor company’s stock worth $12,986,000 after purchasing an additional 10,414 shares in the last quarter. Finally, Ancora Advisors LLC boosted its holdings in ASML by 3.9% in the third quarter. Ancora Advisors LLC now owns 10,559 shares of the semiconductor company’s stock worth $10,222,000 after purchasing an additional 392 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of NASDAQ:ASML opened at $1,345.69 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $529.23 billion, a price-to-earnings ratio of 52.12, a price-to-earnings-growth ratio of 1.30 and a beta of 1.88. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,547.22. The firm has a 50 day moving average of $1,380.42 and a 200 day moving average of $1,128.13.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be issued a $3.1771 dividend. The ex-dividend date is Monday, April 27th. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. This is an increase from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio (DPR) is 25.10%.

Analysts Set New Price Targets

A number of analysts recently commented on ASML shares. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research report on Friday, January 16th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. KGI Securities set a $1,415.00 price target on shares of ASML and gave the company an “outperform” rating in a research note on Thursday, January 15th. Royal Bank Of Canada upped their price objective on ASML from $1,550.00 to $1,625.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Finally, Grupo Santander lowered shares of ASML to an “underperform” rating in a report on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,475.00.

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.