Washington Trust Advisors Inc. Increases Stock Position in ASML Holding N.V. $ASML

Washington Trust Advisors Inc. boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 12,610.3% in the 3rd quarter, Holdings Channel reports. The firm owned 4,957 shares of the semiconductor company’s stock after purchasing an additional 4,918 shares during the period. Washington Trust Advisors Inc.’s holdings in ASML were worth $4,799,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Fisher Asset Management LLC raised its holdings in shares of ASML by 6.3% in the second quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock valued at $3,401,304,000 after buying an additional 250,934 shares during the last quarter. WCM Investment Management LLC grew its holdings in shares of ASML by 24.9% during the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock worth $1,861,445,000 after buying an additional 385,502 shares during the last quarter. Franklin Resources Inc. increased its position in ASML by 5.2% in the 2nd quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock valued at $611,933,000 after acquiring an additional 37,994 shares during the period. Massachusetts Financial Services Co. MA raised its stake in ASML by 14.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 583,093 shares of the semiconductor company’s stock valued at $467,285,000 after acquiring an additional 72,164 shares during the last quarter. Finally, Brown Advisory Inc. lifted its position in ASML by 1.8% during the 2nd quarter. Brown Advisory Inc. now owns 448,798 shares of the semiconductor company’s stock worth $359,662,000 after acquiring an additional 8,070 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

Shares of ASML stock opened at $1,469.59 on Monday. The stock has a fifty day moving average price of $1,279.18 and a 200 day moving average price of $1,060.76. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26. The stock has a market cap of $577.96 billion, a PE ratio of 56.92, a P/E/G ratio of 1.67 and a beta of 1.89. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,493.47.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be given a $3.1771 dividend. The ex-dividend date is Monday, April 27th. This represents a $12.71 annualized dividend and a dividend yield of 0.9%. This is a boost from ASML’s previous quarterly dividend of $1.88. ASML’s payout ratio is presently 25.10%.

Wall Street Analyst Weigh In

ASML has been the subject of several analyst reports. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a research note on Monday, February 2nd. UBS Group restated a “buy” rating on shares of ASML in a research note on Thursday, January 29th. Rothschild & Co Redburn set a $1,200.00 price target on shares of ASML in a research note on Friday, November 7th. Finally, Citigroup restated a “buy” rating on shares of ASML in a research report on Tuesday, January 20th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,475.00.

ASML Company 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.