ASML Holding N.V. $ASML Shares Purchased by Hemenway Trust Co LLC

Hemenway Trust Co LLC grew its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 28.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,103 shares of the semiconductor company’s stock after purchasing an additional 462 shares during the period. Hemenway Trust Co LLC’s holdings in ASML were worth $2,045,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Telos Capital Management Inc. raised its stake in ASML by 4.5% during the 3rd quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock valued at $10,504,000 after purchasing an additional 463 shares during the period. Daymark Wealth Partners LLC raised its position in ASML by 25.3% during the second quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock valued at $3,738,000 after buying an additional 941 shares during the period. Regents of The University of California purchased a new stake in ASML in the 3rd quarter worth about $413,335,000. Transcendent Capital Group LLC acquired a new stake in ASML during the 3rd quarter worth about $680,000. Finally, Principal Financial Group Inc. grew its stake in ASML by 34.5% during the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock valued at $15,086,000 after acquiring an additional 4,001 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

NASDAQ ASML opened at $1,458.93 on Friday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,493.47. The stock’s 50-day moving average is $1,271.41 and its two-hundred day moving average is $1,050.27. The firm has a market cap of $573.77 billion, a P/E ratio of 56.50, a price-to-earnings-growth ratio of 1.67 and a beta of 1.89. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be given a $3.1771 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, April 27th. ASML’s payout ratio is 25.10%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research report on Thursday, January 29th. KGI Securities set a $1,415.00 target price on shares of ASML and gave the company an “outperform” rating in a research note on Thursday, January 15th. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Tuesday, January 20th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, January 26th. Finally, Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, January 28th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average 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.