Focus Partners Wealth Boosts Stock Position in ASML Holding N.V. $ASML

Focus Partners Wealth increased its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 16.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 117,540 shares of the semiconductor company’s stock after acquiring an additional 16,280 shares during the period. Focus Partners Wealth’s holdings in ASML were worth $113,789,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ASML. Capstone Wealth Management Group LLC grew its holdings in shares of ASML by 5.2% in the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares in the last quarter. AQR Capital Management LLC increased its position in shares of ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after acquiring an additional 4,021 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of ASML by 153.1% during 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 worth $11,404,000 after acquiring an additional 10,411 shares during the period. Sivia Capital Partners LLC raised its stake in shares of ASML by 1.3% in the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after acquiring an additional 15 shares in the last quarter. Finally, KBC Group NV acquired a new stake in shares of ASML in the second quarter valued at $103,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Down 0.4%

ASML stock opened at $1,345.69 on Monday. The stock has a market cap of $529.23 billion, a PE ratio of 52.12, a P/E/G ratio of 1.30 and a beta of 1.88. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79. The stock’s fifty day moving average is $1,380.42 and its two-hundred day moving average is $1,130.66. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,547.22.

ASML Increases Dividend

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

Analysts Set New Price Targets

Several research analysts recently commented on ASML shares. Morgan Stanley reissued an “overweight” rating on shares of ASML in a research note on Friday, January 16th. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a research note on Monday, February 2nd. Wells Fargo & Company raised their target price on shares of ASML from $1,450.00 to $1,650.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Finally, Berenberg Bank reiterated a “buy” rating on shares of ASML in a research note on Friday, January 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,475.00.

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.