Genesis Private Wealth LLC increased its stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 26.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 515 shares of the semiconductor company’s stock after acquiring an additional 109 shares during the period. Genesis Private Wealth LLC’s holdings in ASML were worth $413,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in ASML. Public Employees Retirement System of Ohio bought a new position in shares of ASML in the fourth quarter valued at approximately $2,888,000. First Hawaiian Bank boosted its holdings in shares of ASML by 27.1% in the first quarter. First Hawaiian Bank now owns 1,288 shares of the semiconductor company’s stock valued at $853,000 after acquiring an additional 275 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of ASML by 12.1% in the first quarter. Parallel Advisors LLC now owns 2,859 shares of the semiconductor company’s stock valued at $1,895,000 after acquiring an additional 309 shares in the last quarter. BTC Capital Management Inc. boosted its holdings in shares of ASML by 4.0% in the first quarter. BTC Capital Management Inc. now owns 1,132 shares of the semiconductor company’s stock valued at $750,000 after acquiring an additional 44 shares in the last quarter. Finally, New Hampshire Trust boosted its holdings in shares of ASML by 16.0% in the first quarter. New Hampshire Trust now owns 384 shares of the semiconductor company’s stock valued at $254,000 after acquiring an additional 53 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.
ASML Stock Performance
Shares of ASML opened at $951.52 on Monday. ASML Holding N.V. has a one year low of $578.51 and a one year high of $977.48. The company has a 50-day moving average of $777.78 and a two-hundred day moving average of $743.85. The stock has a market cap of $374.35 billion, a price-to-earnings ratio of 39.71, a PEG ratio of 1.61 and a beta of 1.80. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81.
ASML Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were issued a dividend of $1.856 per share. This is an increase from ASML’s previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Tuesday, July 29th. ASML’s dividend payout ratio is 26.21%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on ASML shares. Wells Fargo & Company raised their price objective on shares of ASML from $840.00 to $890.00 and gave the company an “overweight” rating in a research report on Tuesday, July 8th. Sanford C. Bernstein started coverage on shares of ASML in a research report on Tuesday, June 17th. They set a “market perform” rating and a $806.00 price objective for the company. Jefferies Financial Group lowered shares of ASML from a “buy” rating to a “hold” rating in a research report on Thursday, June 26th. DZ Bank restated a “neutral” rating on shares of ASML in a research report on Thursday. Finally, New Street Research upgraded shares of ASML from a “neutral” rating to a “buy” rating in a research report on Thursday, July 24th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $923.80.
Get 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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