ASML Holding N.V. $ASML Stock Position Lifted by CenterBook Partners LP

CenterBook Partners LP boosted its stake in ASML Holding N.V. (NASDAQ:ASML) by 65.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,746 shares of the semiconductor company’s stock after buying an additional 5,440 shares during the quarter. ASML makes up about 0.7% of CenterBook Partners LP’s holdings, making the stock its 28th biggest position. CenterBook Partners LP’s holdings in ASML were worth $13,307,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of ASML. Capstone Wealth Management Group LLC increased its position 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 worth $1,664,000 after purchasing an additional 124 shares during the last quarter. AQR Capital Management LLC raised its position in ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after acquiring an additional 4,021 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in 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 valued at $11,404,000 after acquiring an additional 10,411 shares during the last quarter. Sivia Capital Partners LLC grew its position in 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 acquiring an additional 15 shares in the last quarter. Finally, Harbour Investments Inc. increased its stake in shares of ASML by 14.1% during the 2nd quarter. Harbour Investments Inc. now owns 453 shares of the semiconductor company’s stock worth $363,000 after purchasing an additional 56 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on ASML shares. Wells Fargo & Company lifted their price objective on shares of ASML from $1,450.00 to $1,650.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research report on Monday, January 12th. Weiss Ratings downgraded ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. KGI Securities set a $1,415.00 target price on ASML and gave the stock an “outperform” rating in a report on Thursday, January 15th. Finally, TD Cowen reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. Three investment 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, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,475.00.

ASML Stock Up 0.9%

ASML opened at $1,419.78 on Wednesday. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,493.47. The business has a 50 day moving average of $1,257.70 and a 200-day moving average of $1,044.44. The stock has a market capitalization of $558.37 billion, a price-to-earnings ratio of 54.99, a P/E/G ratio of 1.60 and a beta of 1.89. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14.

ASML Increases Dividend

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