SteelPeak Wealth LLC boosted its position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 32.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,472 shares of the semiconductor company’s stock after purchasing an additional 2,082 shares during the period. SteelPeak Wealth LLC’s holdings in ASML were worth $6,789,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ASML. Putney Financial Group LLC grew its position in ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 29 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in ASML during the 1st quarter worth approximately $27,000. Maseco LLP purchased a new position in ASML during the 2nd quarter worth approximately $32,000. Knuff & Co LLC purchased a new position in ASML during the 1st quarter worth approximately $33,000. Finally, Wayfinding Financial LLC purchased a new position in ASML during the 1st quarter worth approximately $35,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
ASML Stock Up 1.1%
ASML stock opened at $1,043.30 on Tuesday. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,059.00. The company has a fifty day simple moving average of $812.40 and a 200 day simple moving average of $755.60. The firm has a market cap of $410.46 billion, a PE ratio of 43.54, a PEG ratio of 1.74 and a beta of 1.87.
ASML Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were paid a $1.856 dividend. This represents a $7.42 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, July 29th. This is a boost from ASML’s previous quarterly dividend of $1.64. ASML’s dividend payout ratio (DPR) is presently 26.21%.
Analyst Upgrades and Downgrades
ASML has been the topic of several research analyst reports. Sanford C. Bernstein reiterated a “neutral” rating on shares of ASML in a research report on Tuesday, September 30th. Erste Group Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Barclays restated an “overweight” rating on shares of ASML in a report on Tuesday, September 30th. Arete Research upgraded shares of ASML to a “strong-buy” rating in a report on Friday, September 12th. Finally, Morgan Stanley upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average target price of $938.80.
View Our Latest Report on ASML
About ASML
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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