XY Capital Ltd Increases Stock Holdings in ASML Holding N.V. $ASML

XY Capital Ltd raised its position in ASML Holding N.V. (NASDAQ:ASML) by 427.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,812 shares of the semiconductor company’s stock after acquiring an additional 2,279 shares during the quarter. ASML comprises approximately 1.4% of XY Capital Ltd’s holdings, making the stock its 15th largest position. XY Capital Ltd’s holdings in ASML were worth $2,722,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. NorthRock Partners LLC boosted its stake in shares of ASML by 14.4% in the third quarter. NorthRock Partners LLC now owns 677 shares of the semiconductor company’s stock valued at $656,000 after purchasing an additional 85 shares during the period. Mcintyre Freedman & Flynn Investment Advisers Inc. grew its holdings in shares of ASML by 256.2% in the third quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 1,300 shares of the semiconductor company’s stock valued at $1,259,000 after purchasing an additional 935 shares in the last quarter. Maia Wealth LLC purchased a new stake in ASML during the 3rd quarter worth approximately $239,000. Main Street Research LLC lifted its holdings in ASML by 131.1% during the 3rd quarter. Main Street Research LLC now owns 40,434 shares of the semiconductor company’s stock worth $39,144,000 after buying an additional 22,937 shares in the last quarter. Finally, Nicolet Bankshares Inc. acquired a new stake in ASML during the 3rd quarter worth approximately $212,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Down 0.4%

NASDAQ:ASML opened at $1,345.69 on Friday. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,547.22. The stock has a market cap of $529.23 billion, a P/E 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. 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 Increases Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ASML shares. Susquehanna restated a “positive” rating on shares of ASML in a research note on Monday, January 12th. Wells Fargo & Company lifted their target price on ASML from $1,450.00 to $1,650.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, January 26th. KGI Securities set a $1,415.00 price target on ASML and gave the stock an “outperform” rating in a report on Thursday, January 15th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a research report on Friday, January 16th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, ASML presently has an average 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.