ASML Holding N.V. $ASML Shares Sold by Eldred Rock Partners LLC

Eldred Rock Partners LLC cut its position in ASML Holding N.V. (NASDAQ:ASML) by 10.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,913 shares of the semiconductor company’s stock after selling 1,910 shares during the period. ASML accounts for 4.7% of Eldred Rock Partners LLC’s holdings, making the stock its 4th largest position. Eldred Rock Partners LLC’s holdings in ASML were worth $18,095,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in ASML. Capstone Wealth Management Group LLC lifted its holdings in ASML by 5.2% in the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares in the last quarter. AQR Capital Management LLC raised its position in shares of ASML by 141.1% in the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after buying an additional 4,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of 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 buying an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in shares of ASML by 1.3% in the second 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 in the last quarter. Finally, Schroder Investment Management Group boosted its position in ASML by 78.6% during the second quarter. Schroder Investment Management Group now owns 1,347 shares of the semiconductor company’s stock worth $1,079,000 after acquiring an additional 593 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Performance

NASDAQ:ASML opened at $1,317.23 on Friday. The company’s 50-day moving average is $1,395.18 and its two-hundred day moving average is $1,181.56. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,547.22. 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 $518.04 billion, a price-to-earnings ratio of 51.02, a PEG ratio of 1.31 and a beta of 1.88.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be issued a $3.1771 dividend. This is a boost from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Monday, April 27th. ASML’s payout ratio is currently 25.10%.

Analysts Set New Price Targets

A number of analysts have commented on ASML shares. Santander downgraded shares of ASML from a “neutral” rating to an “underperform” rating in a report on Thursday, January 22nd. Barclays restated a “buy” rating on shares of ASML in a research report on Wednesday. Weiss Ratings raised ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Friday, January 23rd. Finally, TD Cowen restated a “buy” rating on shares of ASML in a report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,482.50.

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.