ASML Holding N.V. $ASML Shares Purchased by Factory Mutual Insurance Co.

Factory Mutual Insurance Co. raised its holdings in ASML Holding N.V. (NASDAQ:ASML) by 15.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 81,731 shares of the semiconductor company’s stock after acquiring an additional 11,110 shares during the period. ASML accounts for about 0.8% of Factory Mutual Insurance Co.’s holdings, making the stock its 26th biggest position. Factory Mutual Insurance Co.’s holdings in ASML were worth $79,123,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Telos Capital Management Inc. lifted its holdings in ASML by 4.5% in the third quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock worth $10,504,000 after acquiring an additional 463 shares during the last quarter. Daymark Wealth Partners LLC lifted its holdings in shares of ASML by 25.3% in the 2nd quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock worth $3,738,000 after purchasing an additional 941 shares during the last quarter. Regents of The University of California bought a new stake in shares of ASML in the 3rd quarter worth approximately $413,335,000. Transcendent Capital Group LLC acquired a new position in ASML during the 3rd quarter valued at approximately $680,000. Finally, Principal Financial Group Inc. grew its stake in ASML by 34.5% during the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock worth $15,086,000 after buying an additional 4,001 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on ASML. KGI Securities set a $1,415.00 target price on ASML and gave the company an “outperform” rating in a research note on Thursday, January 15th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research report on Monday, February 2nd. Bank of America upped their target price on shares of ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Royal Bank Of Canada lifted their price target on ASML from $1,550.00 to $1,625.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Finally, Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, January 26th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,475.00.

ASML Price Performance

NASDAQ:ASML opened at $1,458.93 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14. The business’s 50-day moving average price is $1,271.41 and its 200 day moving average price is $1,050.27. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,493.47. The firm has a market cap of $573.77 billion, a P/E ratio of 56.50, a PEG ratio of 1.67 and a beta of 1.89.

ASML Increases Dividend

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

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.