Sigma Planning Corp boosted its holdings in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 12.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 959 shares of the semiconductor company’s stock after acquiring an additional 103 shares during the period. Sigma Planning Corp’s holdings in ASML were worth $768,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Daymark Wealth Partners LLC grew its holdings in shares of ASML by 25.3% during the second quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock worth $3,738,000 after buying an additional 941 shares in the last quarter. Acadian Asset Management LLC boosted its position in ASML by 97.6% during the first quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company’s stock worth $101,978,000 after acquiring an additional 76,023 shares during the last quarter. Strategic Planning Group LLC grew its stake in ASML by 12.5% in the 2nd quarter. Strategic Planning Group LLC now owns 6,552 shares of the semiconductor company’s stock worth $5,251,000 after acquiring an additional 730 shares during the period. Empowered Funds LLC raised its holdings in ASML by 5.0% in the 1st quarter. Empowered Funds LLC now owns 10,928 shares of the semiconductor company’s stock valued at $7,241,000 after acquiring an additional 519 shares during the last quarter. Finally, Gunderson Capital Management Inc. purchased a new position in shares of ASML during the 2nd quarter worth $1,702,000. Institutional investors and hedge funds own 26.07% of the company’s stock.
ASML Trading Down 1.4%
ASML opened at $1,029.20 on Friday. The firm’s 50 day moving average is $947.04 and its 200-day moving average is $813.16. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,086.11. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $404.77 billion, a P/E ratio of 41.89, a P/E/G ratio of 1.76 and a beta of 1.88.
ASML Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were paid a $1.857 dividend. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. This is a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. ASML’s payout ratio is presently 25.76%.
Analysts Set New Price Targets
A number of research analysts have recently commented on ASML shares. UBS Group reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, October 15th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a report on Thursday, October 16th. Sanford C. Bernstein restated a “market perform” rating on shares of ASML in a research note on Wednesday, October 29th. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a report on Wednesday, October 15th. Finally, Evercore ISI reiterated an “outperform” rating on shares of ASML in a report on Thursday, October 16th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,051.60.
Read Our Latest Stock Analysis on ASML
About ASML
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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