Mengis Capital Management Inc. decreased its position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 3.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,503 shares of the semiconductor company’s stock after selling 101 shares during the quarter. Mengis Capital Management Inc.’s holdings in ASML were worth $2,006,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Putney Financial Group LLC grew its stake in shares of 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 during the period. Maseco LLP acquired a new stake in shares of ASML during the 2nd quarter worth approximately $32,000. Banque Cantonale Vaudoise acquired a new stake in shares of ASML during the 1st quarter worth approximately $27,000. PARK CIRCLE Co grew its stake in shares of ASML by 80.0% during the 2nd quarter. PARK CIRCLE Co now owns 45 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 20 shares during the period. Finally, Knuff & Co LLC acquired a new stake in shares of ASML during the 1st quarter worth approximately $33,000. Institutional investors and hedge funds own 26.07% of the company’s stock.
ASML Trading Down 0.7%
Shares of ASML stock opened at $980.54 on Friday. The stock’s fifty day moving average is $829.12 and its two-hundred day moving average is $760.64. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. The firm has a market capitalization of $385.76 billion, a P/E ratio of 40.92, a PEG ratio of 1.67 and a beta of 1.87. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,059.00.
ASML Increases Dividend
The company also recently disclosed 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 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Tuesday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.64. ASML’s payout ratio is 26.21%.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on ASML shares. Sanford C. Bernstein reissued a “market perform” rating and issued a $935.00 price target on shares of ASML in a research note on Thursday. Arete Research raised shares of ASML to a “strong-buy” rating in a research note on Friday, September 12th. UBS Group reissued a “buy” rating on shares of ASML in a research note on Wednesday, October 1st. Barclays reissued an “overweight” rating on shares of ASML in a research note on Tuesday, September 30th. Finally, Wells Fargo & Company lifted their price target on shares of ASML from $840.00 to $890.00 and gave the company an “overweight” rating in a research note on Tuesday, July 8th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $964.60.
Get Our Latest Research Report on ASML
ASML Company 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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