ASML Holding N.V. $ASML Holdings Boosted by Bamco Inc. NY

Bamco Inc. NY raised its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,588 shares of the semiconductor company’s stock after purchasing an additional 603 shares during the quarter. Bamco Inc. NY’s holdings in ASML were worth $30,580,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in ASML by 14.2% in the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 7,887 shares of the semiconductor company’s stock worth $7,638,000 after acquiring an additional 982 shares in the last quarter. Bank of America Corp DE grew its stake in ASML by 8.3% during the 3rd quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock valued at $1,805,733,000 after acquiring an additional 142,763 shares in the last quarter. Boothbay Fund Management LLC purchased a new position in ASML during the 3rd quarter valued at about $2,159,000. Alight Capital Management LP acquired a new position in shares of ASML in the 3rd quarter valued at about $12,585,000. Finally, Anchor Investment Management LLC increased its holdings in shares of ASML by 32.3% in the 3rd quarter. Anchor Investment Management LLC now owns 1,696 shares of the semiconductor company’s stock valued at $1,642,000 after purchasing an additional 414 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Trading Down 0.4%

NASDAQ:ASML opened at $1,345.69 on Monday. The company has a market capitalization of $529.23 billion, a P/E ratio of 52.12, a P/E/G ratio of 1.30 and a beta of 1.88. The stock’s 50 day moving average price is $1,380.42 and its 200 day moving average price is $1,130.66. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,547.22.

ASML Increases Dividend

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

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. UBS Group restated a “buy” rating on shares of ASML in a report on Tuesday, March 3rd. Grupo Santander lowered shares of ASML to an “underperform” rating in a research note on Thursday, January 22nd. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research report on Friday, January 16th. Zacks Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Finally, Bank of America upped their price target on shares of ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus target price 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.