Hazlett Burt & Watson Inc. boosted its position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 4.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,285 shares of the semiconductor company’s stock after acquiring an additional 50 shares during the period. Hazlett Burt & Watson Inc.’s holdings in ASML were worth $1,032,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. bought a new stake in shares of ASML in the 1st quarter valued at approximately $360,262,000. Invesco Ltd. grew its stake in shares of ASML by 101.0% in the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock valued at $484,562,000 after purchasing an additional 367,505 shares during the period. Amundi grew its stake in shares of ASML by 91.6% in the 1st quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock valued at $403,215,000 after purchasing an additional 307,214 shares during the period. First Manhattan CO. LLC. grew its stake in shares of ASML by 61.0% in the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock valued at $469,183,000 after purchasing an additional 268,172 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in shares of ASML by 26.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock valued at $631,079,000 after purchasing an additional 199,740 shares during the period. 26.07% of the stock is currently owned by institutional investors.
ASML Stock Down 4.5%
Shares of ASML opened at $936.19 on Monday. The business’s 50 day simple moving average is $834.05 and its 200-day simple moving average is $762.98. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,059.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. The company has a market capitalization of $368.18 billion, a P/E ratio of 39.07, a PEG ratio of 1.58 and a beta of 1.87.
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 dividend of $1.856 per share. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $7.42 annualized dividend and a yield of 0.8%. This is a positive change from ASML’s previous quarterly dividend of $1.64. ASML’s dividend payout ratio (DPR) is currently 26.21%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Friday. Weiss Ratings reiterated a “hold (c+)” rating on shares of ASML in a research note on Wednesday, October 8th. Arete Research upgraded ASML to a “strong-buy” rating in a research note on Friday, September 12th. Jefferies Financial Group lowered ASML from a “buy” rating to a “hold” rating in a research note on Thursday, June 26th. Finally, Mizuho raised ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,001.60.
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.
See Also
- Five stocks we like better than ASML
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Microsoft 365 Premium Marks the Next Phase of AI Monetization
- What is Short Interest? How to Use It
- Could Target’s Week of Discounts Come Full Circle for Investors?
- How to Start Investing in Real Estate
- 3 Reasons to Buy Sprouts Farmers Market Ahead of Earnings
Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML – Free Report).
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.