Capital International Inc. CA Boosts Position in ASML Holding N.V. $ASML

Capital International Inc. CA grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 38.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 158,225 shares of the semiconductor company’s stock after buying an additional 44,292 shares during the period. ASML accounts for approximately 1.2% of Capital International Inc. CA’s portfolio, making the stock its 16th largest holding. Capital International Inc. CA’s holdings in ASML were worth $153,176,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Manning & Napier Advisors LLC bought a new stake in ASML during the 3rd quarter worth approximately $25,000. City Holding Co. bought a new position in ASML in the 3rd quarter valued at $26,000. Binnacle Investments Inc boosted its holdings in ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares during the period. Pin Oak Investment Advisors Inc. purchased a new position in shares of ASML during the 2nd quarter valued at $30,000. Finally, IAG Wealth Partners LLC grew its position in shares of ASML by 300.0% during the 3rd quarter. IAG Wealth Partners LLC now owns 40 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 30 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on ASML shares. UBS Group reiterated a “buy” rating on shares of ASML in a research report on Tuesday, March 3rd. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, January 26th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research report on Monday, February 2nd. Bank of America increased 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. Finally, Morgan Stanley restated an “overweight” rating on shares of ASML in a research report on Friday, January 16th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,475.00.

ASML Price Performance

Shares of ASML stock opened at $1,357.42 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,547.22. The business’s 50 day simple moving average is $1,358.58 and its two-hundred day simple moving average is $1,113.58. The stock has a market capitalization of $533.85 billion, a P/E ratio of 52.57, a price-to-earnings-growth ratio of 1.25 and a beta of 1.88.

ASML Increases Dividend

The company 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 represents a $12.71 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, April 27th. This is an increase from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio 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.