HughesLittle Investment Management Ltd. Has $25.02 Million Stake in ASML Holding N.V. $ASML

HughesLittle Investment Management Ltd. decreased its stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 50.5% in the first quarter, Holdings Channel reports. The institutional investor owned 18,944 shares of the semiconductor company’s stock after selling 19,351 shares during the quarter. ASML accounts for about 4.9% of HughesLittle Investment Management Ltd.’s holdings, making the stock its 10th biggest position. HughesLittle Investment Management Ltd.’s holdings in ASML were worth $25,022,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Capstone Wealth Management Group LLC increased its holdings in shares of 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 acquiring an additional 124 shares in the last quarter. AQR Capital Management LLC raised its position in shares of ASML by 141.1% in 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 during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in ASML by 153.1% in 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 worth $11,404,000 after purchasing an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after purchasing an additional 15 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in ASML by 5.2% during the 2nd quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock valued at $9,122,000 after purchasing an additional 559 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

NASDAQ ASML opened at $1,784.87 on Friday. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,999.96. The stock has a 50-day moving average of $1,728.88 and a 200 day moving average of $1,498.68. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The company has a market capitalization of $701.95 billion, a price-to-earnings ratio of 55.53, a PEG ratio of 1.38 and a beta of 1.78.

ASML (NASDAQ:ASMLGet Free Report) last posted its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The business had revenue of $10.15 billion for the quarter. ASML had a net margin of 30.11% and a return on equity of 54.12%. On average, sell-side analysts forecast that ASML Holding N.V. will post 36.6 EPS for the current year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th will be issued a dividend of $2.1507 per share. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, July 28th. ASML’s payout ratio is presently 38.63%.

Wall Street Analyst Weigh In

ASML has been the subject of a number of analyst reports. Susquehanna restated a “positive” rating on shares of ASML in a research note on Tuesday, June 30th. Argus set a $2,100.00 target price on shares of ASML in a research note on Thursday. Wells Fargo & Company increased their price target on shares of ASML from $2,200.00 to $2,500.00 and gave the company an “overweight” rating in a report on Thursday. Sanford C. Bernstein raised their price target on shares of ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Finally, Barclays restated an “overweight” rating on shares of ASML in a report on Thursday. Three research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus price target of $1,970.33.

View Our Latest Analysis on ASML

Key Headlines Impacting ASML

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ASML Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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