ASML Holding N.V. $ASML Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp reduced its stake in ASML Holding N.V. (NASDAQ:ASML) by 16.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,274 shares of the semiconductor company’s stock after selling 2,158 shares during the period. Fifth Third Bancorp’s holdings in ASML were worth $10,914,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Fisher Asset Management LLC lifted its holdings 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 during the last quarter. WCM Investment Management LLC raised its position in ASML by 24.9% in the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock valued at $1,861,445,000 after purchasing an additional 385,502 shares during the period. Franklin Resources Inc. raised its position in ASML by 5.2% in the second quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock valued at $611,933,000 after purchasing an additional 37,994 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in ASML by 14.1% during the second quarter. Massachusetts Financial Services Co. MA now owns 583,093 shares of the semiconductor company’s stock worth $467,285,000 after purchasing an additional 72,164 shares in the last quarter. Finally, Brown Advisory Inc. boosted its position in shares of ASML by 1.8% during the second quarter. Brown Advisory Inc. now owns 448,798 shares of the semiconductor company’s stock worth $359,662,000 after buying an additional 8,070 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $1,419.78 on Wednesday. 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 52 week low of $578.51 and a 52 week high of $1,493.47. The firm’s 50 day moving average is $1,257.70 and its two-hundred day moving average is $1,044.44. The firm has a market capitalization of $558.37 billion, a P/E ratio of 54.99, a P/E/G ratio of 1.60 and a beta of 1.89.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Investors 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 25.10%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on ASML shares. Berenberg Bank reissued a “buy” rating on shares of ASML in a research note on Friday, January 23rd. KGI Securities set a $1,415.00 price target on shares of ASML and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a research note on Friday, January 16th. Finally, Citigroup reissued a “buy” rating on shares of ASML in a research report on Tuesday, January 20th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average price target of $1,475.00.

About ASML

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.