Signet Financial Management LLC Invests $5.20 Million in ASML Holding N.V. $ASML

Signet Financial Management LLC purchased a new stake in ASML Holding N.V. (NASDAQ:ASML) in the third quarter, HoldingsChannel reports. The fund purchased 5,367 shares of the semiconductor company’s stock, valued at approximately $5,196,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capstone Wealth Management Group LLC lifted its position in shares of ASML by 5.2% in the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after acquiring an additional 124 shares during the period. AQR Capital Management LLC raised its stake in shares of ASML by 141.1% in the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after purchasing an additional 4,021 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in ASML by 153.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after purchasing an additional 10,411 shares during the period. Sivia Capital Partners LLC lifted its position in ASML by 1.3% in the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after purchasing an additional 15 shares during the period. Finally, Stephens Inc. AR boosted its stake in ASML by 6.2% during the second quarter. Stephens Inc. AR now owns 2,932 shares of the semiconductor company’s stock worth $2,350,000 after buying an additional 172 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of NASDAQ ASML opened at $1,468.72 on Thursday. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,493.47. The stock’s fifty day moving average price is $1,264.69 and its two-hundred day moving average price is $1,047.41. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79. The firm has a market cap of $577.62 billion, a price-to-earnings ratio of 56.88, a P/E/G ratio of 1.62 and a beta of 1.89.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be paid a $3.1771 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, April 27th. ASML’s payout ratio is presently 25.10%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a research note on Monday, February 2nd. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, January 26th. UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Thursday, January 29th. The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a report on Wednesday, January 28th. Finally, Santander lowered ASML from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,475.00.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.