Cibc World Market Inc. Has $65.64 Million Stock Holdings in ASML Holding N.V. $ASML

Cibc World Market Inc. grew its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 10.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 67,798 shares of the semiconductor company’s stock after buying an additional 6,386 shares during the quarter. Cibc World Market Inc.’s holdings in ASML were worth $65,635,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Manning & Napier Advisors LLC acquired a new position in ASML during the 3rd quarter worth $25,000. Princeton Global Asset Management LLC boosted its holdings in ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after buying an additional 20 shares during the last quarter. City Holding Co. acquired a new position in ASML during the third quarter valued at approximately $26,000. Binnacle Investments Inc grew its holdings in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 15 shares during the period. Finally, Pin Oak Investment Advisors Inc. acquired a new position in ASML in the second quarter valued at about $30,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ASML shares. Weiss Ratings cut shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Grupo Santander downgraded ASML to an “underperform” rating in a research note on Thursday, January 22nd. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Susquehanna reissued a “positive” rating on shares of ASML in a report on Monday, January 12th. Finally, Rothschild & Co Redburn set a $1,200.00 target price on shares of ASML in a research note on Friday, November 7th. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $1,475.00.

ASML Stock Performance

ASML opened at $1,413.62 on Wednesday. The firm has a market cap of $555.95 billion, a P/E ratio of 54.75, a price-to-earnings-growth ratio of 1.65 and a beta of 1.89. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,493.47. The business’s fifty day moving average is $1,227.82 and its 200-day moving average is $1,019.64.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be issued a $3.1771 dividend. The ex-dividend date of this dividend is Monday, April 27th. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. This is a boost from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio (DPR) is 24.55%.

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.