Aaron Wealth Advisors LLC Acquires 946 Shares of ASML Holding N.V. $ASML

Aaron Wealth Advisors LLC grew its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 37.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,497 shares of the semiconductor company’s stock after buying an additional 946 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in ASML were worth $3,741,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ASML. Manning & Napier Advisors LLC bought a new stake in ASML during the 3rd quarter worth about $25,000. City Holding Co. bought a new stake in shares of ASML in the 3rd quarter valued at about $26,000. Binnacle Investments Inc raised its holdings in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares during the period. JPL Wealth Management LLC bought a new stake in shares of ASML in the 3rd quarter valued at about $34,000. Finally, Wealth Watch Advisors INC bought a new stake in shares of ASML in the 3rd quarter valued at about $34,000. 26.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a report on Friday, January 16th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a report on Monday, January 12th. UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Tuesday, March 3rd. Zacks Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a report on Friday, January 23rd. Two 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 given a Sell rating to the company. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $1,482.50.

ASML Stock Down 1.0%

ASML stock opened at $1,304.01 on Tuesday. The stock has a market cap of $512.84 billion, a P/E ratio of 50.50, a P/E/G ratio of 1.27 and a beta of 1.88. 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 $1,547.22. The company’s 50-day moving average price is $1,391.56 and its two-hundred day moving average price is $1,191.69.

ASML Increases Dividend

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

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.