Hollow Brook Wealth Management LLC Buys 2,411 Shares of ASML Holding N.V. $ASML

Hollow Brook Wealth Management LLC increased its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 90.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,089 shares of the semiconductor company’s stock after acquiring an additional 2,411 shares during the period. ASML comprises about 1.2% of Hollow Brook Wealth Management LLC’s portfolio, making the stock its 26th largest position. Hollow Brook Wealth Management LLC’s holdings in ASML were worth $4,927,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC increased its holdings in ASML by 2.6% during the 3rd quarter. Fisher Asset Management LLC now owns 4,352,596 shares of the semiconductor company’s stock worth $4,213,705,000 after purchasing an additional 108,342 shares in the last quarter. Capital International Investors raised its stake in shares of ASML by 17.3% in the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after purchasing an additional 577,448 shares during the period. Van ECK Associates Corp lifted its holdings in shares of ASML by 16.6% in the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock valued at $2,079,948,000 after purchasing an additional 305,435 shares in the last quarter. WCM Investment Management LLC lifted its holdings in shares of ASML by 24.9% in the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock valued at $1,861,445,000 after purchasing an additional 385,502 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of ASML by 8.3% during the third quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock worth $1,805,733,000 after buying an additional 142,763 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

NASDAQ:ASML opened at $1,345.69 on Monday. 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 market cap 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. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26. The stock’s 50-day simple moving average is $1,380.42 and its 200 day simple moving average is $1,130.66.

ASML Increases Dividend

The business also recently declared 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. This is a positive change 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 payout ratio is presently 25.10%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a report on Friday, January 16th. UBS Group reaffirmed a “buy” rating on shares of ASML in a research report on Tuesday, March 3rd. Zacks Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Santander downgraded shares of ASML from a “neutral” rating to an “underperform” rating in a report on Thursday, January 22nd. Finally, Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,475.00.

About ASML

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.