SLT Holdings LLC increased its holdings in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 16.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,815 shares of the semiconductor company’s stock after acquiring an additional 260 shares during the period. ASML comprises approximately 1.1% of SLT Holdings LLC’s portfolio, making the stock its 21st biggest holding. SLT Holdings LLC’s holdings in ASML were worth $1,455,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of the business. Putney Financial Group LLC grew its stake in ASML by 322.2% in the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 29 shares during the period. Banque Cantonale Vaudoise bought a new position in ASML during the first quarter valued at about $27,000. Maseco LLP bought a new position in ASML during the second quarter valued at about $32,000. Knuff & Co LLC bought a new position in ASML during the first quarter valued at about $33,000. Finally, Costello Asset Management INC grew its position in shares of ASML by 147.1% during the 2nd quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 25 shares during the period. 26.07% of the stock is owned by institutional investors.
ASML Price Performance
ASML stock opened at $936.19 on Friday. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,059.00. The business has a fifty day moving average price of $834.05 and a 200-day moving average price of $762.09. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. The firm has a market capitalization of $368.18 billion, a P/E ratio of 39.07, a PEG ratio of 1.66 and a beta of 1.87.
ASML Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were issued a $1.856 dividend. This represents a $7.42 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, July 29th. This is a positive change from ASML’s previous quarterly dividend of $1.64. ASML’s payout ratio is 26.21%.
Analyst Ratings Changes
A number of research analysts have recently weighed in on ASML shares. Barclays reissued an “overweight” rating on shares of ASML in a research report on Tuesday, September 30th. Morningstar lowered ASML to a “hold” rating in a report on Thursday, September 18th. Sanford C. Bernstein reiterated a “market perform” rating and set a $935.00 price target on shares of ASML in a research note on Thursday. Arete Research upgraded ASML to a “strong-buy” rating in a research note on Friday, September 12th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,001.60.
Check Out Our Latest Analysis 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.
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