ASML Holding (NASDAQ:ASML) Stock Holdings Boosted by Optas LLC

Optas LLC lifted its position in shares of ASML Holding (NASDAQ:ASML) by 4.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 681 shares of the semiconductor company’s stock after acquiring an additional 30 shares during the period. Optas LLC’s holdings in ASML were worth $661,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Fisher Asset Management LLC grew its position in ASML by 2.2% in the 4th quarter. Fisher Asset Management LLC now owns 4,977,359 shares of the semiconductor company’s stock valued at $3,767,464,000 after buying an additional 105,196 shares in the last quarter. Sands Capital Management LLC boosted its position in shares of ASML by 8.1% during the 4th quarter. Sands Capital Management LLC now owns 1,617,083 shares of the semiconductor company’s stock valued at $1,224,002,000 after purchasing an additional 121,847 shares in the last quarter. Clearbridge Investments LLC boosted its position in shares of ASML by 2.7% during the 4th quarter. Clearbridge Investments LLC now owns 1,247,197 shares of the semiconductor company’s stock valued at $944,028,000 after purchasing an additional 32,623 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of ASML by 2.1% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,173,324 shares of the semiconductor company’s stock valued at $888,112,000 after purchasing an additional 24,368 shares in the last quarter. Finally, Jennison Associates LLC boosted its position in shares of ASML by 15.3% during the 4th quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock valued at $867,549,000 after purchasing an additional 151,844 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the subject of several research reports. Evercore ISI initiated coverage on shares of ASML in a research report on Tuesday, April 16th. They set an “outperform” rating for the company. Wells Fargo & Company raised their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research report on Monday, June 17th. Finally, Sanford C. Bernstein reduced their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,043.00.

ASML Stock Performance

Shares of ASML stock traded down $5.28 during midday trading on Friday, hitting $1,022.73. The company had a trading volume of 837,765 shares, compared to its average volume of 1,027,876. The business’s 50 day simple moving average is $964.40 and its two-hundred day simple moving average is $909.05. The stock has a market cap of $403.56 billion, a PE ratio of 52.23, a P/E/G ratio of 2.16 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. ASML Holding has a 1-year low of $563.99 and a 1-year high of $1,077.22.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.54. The business had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. As a group, equities analysts predict that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were given a $1.343 dividend. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.53%. ASML’s dividend payout ratio (DPR) is currently 32.53%.

ASML Company Profile

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.