Impact Investors Inc lifted its stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 14.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 876 shares of the semiconductor company’s stock after buying an additional 112 shares during the quarter. Impact Investors Inc’s holdings in ASML were worth $702,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ASML. Rhumbline Advisers grew its position in ASML by 12.7% during the first quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company’s stock valued at $5,571,000 after buying an additional 947 shares during the period. NBC Securities Inc. acquired a new stake in ASML during the first quarter valued at $70,000. Merit Financial Group LLC grew its position in ASML by 48.0% during the first quarter. Merit Financial Group LLC now owns 2,120 shares of the semiconductor company’s stock valued at $1,405,000 after buying an additional 688 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in ASML by 28.4% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 2,348 shares of the semiconductor company’s stock valued at $1,556,000 after buying an additional 520 shares during the period. Finally, Gilman Hill Asset Management LLC grew its position in ASML by 29.3% during the first quarter. Gilman Hill Asset Management LLC now owns 375 shares of the semiconductor company’s stock valued at $248,000 after buying an additional 85 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.
ASML Stock Performance
NASDAQ:ASML opened at $1,032.22 on Friday. The company’s 50-day moving average price is $806.14 and its 200-day moving average price is $753.05. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The company has a market cap of $406.10 billion, a P/E ratio of 43.08, a P/E/G ratio of 1.74 and a beta of 1.87. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,040.23.
ASML Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were paid a $1.856 dividend. This is an increase from ASML’s previous quarterly dividend of $1.64. 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. ASML’s payout ratio is 26.21%.
Wall Street Analysts Forecast Growth
Several analysts recently commented on ASML shares. Morningstar lowered shares of ASML to a “hold” rating in a research report on Thursday, September 18th. Jefferies Financial Group lowered shares of ASML from a “buy” rating to a “hold” rating in a research report on Thursday, June 26th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research report on Tuesday, September 16th. DZ Bank reiterated a “neutral” rating on shares of ASML in a research report on Thursday, September 25th. Finally, Barclays reiterated an “overweight” rating on shares of ASML in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $923.80.
Check Out 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.
See Also
- Five stocks we like better than ASML
- How to buy stock: A step-by-step guide for beginners
- After Trump Deal, Can Meta Stock Withstand TikTok’s Onslaught?
- Golden Cross Stocks: Pattern, Examples and Charts
- Alphabet: After Its Best Quarter in Decades, Is It Time to Buy?
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Forget Airlines—These Trucking Stocks Are Shifting Into High Gear
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.