Verdence Capital Advisors LLC increased its stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 8.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,602 shares of the semiconductor company’s stock after purchasing an additional 367 shares during the period. Verdence Capital Advisors LLC’s holdings in ASML were worth $3,688,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently made changes to their positions in ASML. UMB Bank n.a. increased its stake in ASML by 4.3% in the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock valued at $254,000 after purchasing an additional 13 shares in the last quarter. Rossmore Private Capital grew its stake in shares of ASML by 0.3% in the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock valued at $2,880,000 after buying an additional 14 shares during the period. Baring Financial LLC increased its position in ASML by 2.8% in the 2nd quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock valued at $409,000 after buying an additional 14 shares in the last quarter. Sage Mountain Advisors LLC raised its stake in ASML by 2.6% during the 1st quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company’s stock worth $399,000 after buying an additional 15 shares during the period. Finally, Manchester Capital Management LLC boosted its holdings in ASML by 15.2% in the first quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company’s stock worth $76,000 after acquiring an additional 15 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Stock Performance
ASML stock opened at $936.19 on Monday. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,059.00. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $368.18 billion, a PE ratio of 39.07, a price-to-earnings-growth ratio of 1.58 and a beta of 1.87. The firm’s 50 day simple moving average is $834.05 and its 200 day simple moving average is $762.98.
ASML Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were given a dividend of $1.856 per share. This is an increase from ASML’s previous quarterly dividend of $1.64. The ex-dividend date was Tuesday, July 29th. This represents a $7.42 annualized dividend and a dividend yield of 0.8%. ASML’s dividend payout ratio is 26.21%.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the company. Wells Fargo & Company upped their target price on ASML from $840.00 to $890.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 8th. Mizuho upgraded ASML from a “neutral” rating to an “outperform” rating in a research note on Monday, September 29th. DZ Bank reiterated a “neutral” rating on shares of ASML in a research note on Thursday, September 25th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a report on Tuesday, September 30th. Finally, Arete Research upgraded shares of ASML to a “strong-buy” rating in a research note on Friday, September 12th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,001.60.
Read Our Latest Research Report on ASML
ASML Company 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.
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