ASML Holding N.V. $ASML is Two Creeks Capital Management LP’s 3rd Largest Position

Two Creeks Capital Management LP grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 92,352 shares of the semiconductor company’s stock after acquiring an additional 1,622 shares during the period. ASML accounts for 6.4% of Two Creeks Capital Management LP’s investment portfolio, making the stock its 3rd biggest holding. Two Creeks Capital Management LP’s holdings in ASML were worth $89,405,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of ASML. Capstone Wealth Management Group LLC boosted its position in ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of ASML by 141.1% during the 1st quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after purchasing an additional 4,021 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of ASML by 153.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after buying an additional 10,411 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after buying an additional 15 shares in the last quarter. Finally, KBC Group NV acquired a new position in ASML in the second quarter worth approximately $103,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have commented on ASML shares. Susquehanna reissued a “positive” rating on shares of ASML in a research report on Monday, January 12th. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a research note on Friday, January 23rd. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research report on Wednesday, February 25th. Finally, Royal Bank Of Canada boosted their price target on ASML from $1,550.00 to $1,625.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average price target of $1,475.00.

ASML Price Performance

NASDAQ ASML opened at $1,345.69 on Friday. The stock has a 50-day simple moving average of $1,380.42 and a 200 day simple moving average of $1,125.60. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,547.22. The stock has a market capitalization of $529.23 billion, a PE ratio of 52.12, a P/E/G ratio of 1.30 and a beta of 1.88. 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 Increases Dividend

The firm also recently disclosed 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 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, April 27th. ASML’s dividend payout ratio (DPR) is currently 25.10%.

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.