Hennessy Advisors Inc. acquired a new stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 152 shares of the semiconductor company’s stock, valued at approximately $122,000.
Other hedge funds have also recently bought and sold shares of the company. Acadian Asset Management LLC increased its stake in ASML by 97.6% in the 1st quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company’s stock valued at $101,978,000 after purchasing an additional 76,023 shares in the last quarter. Wealthcare Advisory Partners LLC increased its stake in ASML by 12.3% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company’s stock valued at $266,000 after purchasing an additional 44 shares in the last quarter. Strategic Planning Group LLC increased its stake in shares of ASML by 12.5% during the 2nd quarter. Strategic Planning Group LLC now owns 6,552 shares of the semiconductor company’s stock worth $5,251,000 after purchasing an additional 730 shares in the last quarter. Rhumbline Advisers increased its stake in shares of ASML by 12.7% during the 1st quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company’s stock worth $5,571,000 after purchasing an additional 947 shares in the last quarter. Finally, Empowered Funds LLC increased its stake in shares of ASML by 5.0% during the 1st quarter. Empowered Funds LLC now owns 10,928 shares of the semiconductor company’s stock worth $7,241,000 after purchasing an additional 519 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.
ASML Stock Up 0.2%
Shares of ASML stock opened at $1,032.22 on Monday. The company has a fifty day moving average price of $806.14 and a 200 day moving average price of $753.31. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,040.23. The stock has a market cap of $406.10 billion, a price-to-earnings ratio of 43.08, a price-to-earnings-growth ratio of 1.74 and a beta of 1.87.
ASML Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were given a dividend of $1.856 per share. This is a positive change from ASML’s previous quarterly dividend of $1.64. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $7.42 dividend on an annualized basis and a yield of 0.7%. ASML’s dividend payout ratio is currently 26.21%.
Analyst Upgrades and Downgrades
ASML has been the subject of a number of recent research reports. Jefferies Financial Group cut shares of ASML from a “buy” rating to a “hold” rating in a research note on Thursday, June 26th. Barclays reissued an “overweight” rating on shares of ASML in a research note on Tuesday, September 30th. Weiss Ratings reissued a “hold (c+)” rating on shares of ASML in a research note on Saturday, September 27th. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a research note on Tuesday, September 16th. Finally, DZ Bank reissued a “neutral” rating on shares of ASML in a research note on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $923.80.
Read Our Latest Stock Report on ASML
ASML Profile
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.
Further Reading
- Five stocks we like better than ASML
- High Flyers: 3 Natural Gas Stocks for March 2022
- 3 Defense Stocks Surging as Ukraine Tensions Deepen
- How to Invest in the FAANG Stocks
- Starbucks Stock Slumps; This Competitor Shows Strength
- 3 Monster Growth Stocks to Buy Now
- The Trade Desk: 2 Signs of a Comeback, 1 Risk Ahead
Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML – Free Report).
Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.