ASML Holding N.V. $ASML Shares Bought by Wellington Management Group LLP

Wellington Management Group LLP grew its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 25.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,157,324 shares of the semiconductor company’s stock after purchasing an additional 232,960 shares during the quarter. Wellington Management Group LLP’s holdings in ASML were worth $1,120,394,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of ASML. Two Creeks Capital Management LP grew its stake in ASML by 1.8% in the 3rd quarter. Two Creeks Capital Management LP now owns 92,352 shares of the semiconductor company’s stock valued at $89,405,000 after acquiring an additional 1,622 shares during the period. XY Capital Ltd boosted its holdings in shares of ASML by 427.6% during the 3rd quarter. XY Capital Ltd now owns 2,812 shares of the semiconductor company’s stock worth $2,722,000 after purchasing an additional 2,279 shares during the last quarter. NorthRock Partners LLC grew its holdings in ASML by 14.4% in the 3rd quarter. NorthRock Partners LLC now owns 677 shares of the semiconductor company’s stock valued at $656,000 after buying an additional 85 shares in the last quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. raised its stake in ASML by 256.2% during the third quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 1,300 shares of the semiconductor company’s stock worth $1,259,000 after purchasing an additional 935 shares during the period. Finally, Maia Wealth LLC acquired a new stake in ASML during the third quarter worth $239,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a research note on Monday, February 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, February 25th. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, January 26th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Finally, Zacks Research downgraded shares of ASML from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average target price of $1,475.00.

ASML Stock Performance

Shares of ASML stock opened at $1,345.69 on Friday. The firm’s 50 day moving average is $1,380.42 and its two-hundred day moving average is $1,125.60. The firm has a market capitalization of $529.23 billion, a P/E ratio of 52.12, a P/E/G ratio of 1.30 and a beta of 1.88. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,547.22. 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 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 issued a dividend of $3.1771 per share. This is a boost from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, April 27th. ASML’s dividend 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.