First National Bank of Omaha increased its stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 10.6% during the 2nd quarter, Holdings Channel.com reports. The fund owned 4,373 shares of the semiconductor company’s stock after buying an additional 418 shares during the period. First National Bank of Omaha’s holdings in ASML were worth $8,262,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of ASML. Baron Wealth Management LLC boosted its holdings in shares of ASML by 1.8% in the 2nd quarter. Baron Wealth Management LLC now owns 333 shares of the semiconductor company’s stock valued at $662,000 after purchasing an additional 6 shares during the last quarter. Whitener Capital Management Inc. lifted its stake in shares of ASML by 2.8% in the 2nd quarter. Whitener Capital Management Inc. now owns 218 shares of the semiconductor company’s stock valued at $434,000 after purchasing an additional 6 shares in the last quarter. Founders Financial Alliance LLC lifted its stake in shares of ASML by 2.3% in the 2nd quarter. Founders Financial Alliance LLC now owns 266 shares of the semiconductor company’s stock valued at $529,000 after purchasing an additional 6 shares in the last quarter. Family Capital Management Inc. grew its holdings in shares of ASML by 0.8% during the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock worth $983,000 after purchasing an additional 7 shares during the period. Finally, 44 Wealth Management LLC increased its position in ASML by 1.1% during the 4th quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock worth $703,000 after purchasing an additional 7 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
ASML Stock Down 4.3%
NASDAQ:ASML opened at $1,802.98 on Wednesday. The company has a market capitalization of $709.08 billion, a price-to-earnings ratio of 56.10, a price-to-earnings-growth ratio of 0.92 and a beta of 1.79. ASML Holding N.V. has a one year low of $716.20 and a one year high of $1,999.96. The stock has a 50-day simple moving average of $1,784.83 and a 200 day simple moving average of $1,573.92. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33.
ASML Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were issued a $2.1507 dividend. This represents a $8.60 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s payout ratio is currently 22.62%.
Wall Street Analysts Forecast Growth
Several research firms recently commented on ASML. DZ Bank upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. Sanford C. Bernstein boosted their price objective on ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Wall Street Zen downgraded ASML from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, July 17th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,970.33.
Check Out Our Latest Stock Analysis on ASML
ASML Profile
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.
Featured Stories
- Five stocks we like better than ASML
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML – Free Report).
Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.
