Equitable Trust Co. Has $15.59 Million Holdings in ASML Holding N.V. $ASML

Equitable Trust Co. raised its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 3.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,105 shares of the semiconductor company’s stock after buying an additional 585 shares during the quarter. Equitable Trust Co.’s holdings in ASML were worth $15,591,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Manning & Napier Advisors LLC purchased a new stake in shares of ASML in the 3rd quarter valued at approximately $25,000. City Holding Co. purchased a new stake in shares of ASML in the third quarter valued at $26,000. Binnacle Investments Inc boosted its position in shares of ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares during the period. Pin Oak Investment Advisors Inc. purchased a new position in shares of ASML during the second quarter valued at $30,000. Finally, Albion Financial Group UT raised its position in ASML by 27.8% during the third quarter. Albion Financial Group UT now owns 46 shares of the semiconductor company’s stock valued at $45,000 after buying an additional 10 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on ASML shares. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a research report on Tuesday, December 16th. Bank of America raised their price target on shares of ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a research report on Friday, January 23rd. Santander downgraded shares of ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd. Finally, Weiss Ratings lowered shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,475.00.

ASML Price Performance

NASDAQ ASML opened at $1,469.59 on Monday. 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 stock has a market capitalization of $577.96 billion, a PE ratio of 56.92, a price-to-earnings-growth ratio of 1.67 and a beta of 1.89. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,493.47. The company has a 50 day moving average price of $1,279.18 and a two-hundred day moving average price of $1,060.76.

ASML Increases Dividend

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