ASML Holding N.V. $ASML Shares Acquired by Two Creeks Capital Management LP

Two Creeks Capital Management LP raised its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 92,352 shares of the semiconductor company’s stock after buying an additional 1,622 shares during the period. ASML makes up 6.4% of Two Creeks Capital Management LP’s portfolio, making the stock its 3rd biggest position. Two Creeks Capital Management LP’s holdings in ASML were worth $89,405,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Capstone Wealth Management Group LLC increased its stake in shares of ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after acquiring an additional 124 shares during the period. AQR Capital Management LLC raised its holdings in ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $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 boosted its stake in ASML by 1.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after purchasing an additional 15 shares in the last quarter. Finally, KBC Group NV acquired a new position in shares of ASML during the 2nd quarter valued at $103,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently weighed in on ASML. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. TD Cowen reissued a “buy” rating on shares of ASML in a report on Wednesday, January 28th. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research report on Wednesday, January 28th. Grupo Santander cut shares of ASML to an “underperform” rating in a research note on Thursday, January 22nd. Finally, Bank of America increased their target price on shares of ASML from $1,092.00 to $1,331.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average target price of $1,475.00.

ASML Stock Performance

Shares of ASML stock opened at $1,345.69 on Friday. The company has a market capitalization of $529.23 billion, a price-to-earnings ratio of 52.12, a P/E/G ratio of 1.30 and a beta of 1.88. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,547.22. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. The stock’s fifty day simple moving average is $1,380.42 and its 200-day simple moving average is $1,125.60.

ASML Increases Dividend

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

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.