DSM Capital Partners LLC Has $216.84 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

DSM Capital Partners LLC trimmed its position in shares of ASML Holding (NASDAQ:ASMLFree Report) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 286,481 shares of the semiconductor company’s stock after selling 15,038 shares during the quarter. ASML makes up approximately 3.3% of DSM Capital Partners LLC’s holdings, making the stock its 10th largest position. DSM Capital Partners LLC owned 0.07% of ASML worth $216,843,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fisher Asset Management LLC increased its stake in shares of ASML by 2.2% in the 4th quarter. Fisher Asset Management LLC now owns 4,977,359 shares of the semiconductor company’s stock worth $3,767,464,000 after acquiring an additional 105,196 shares in the last quarter. FMR LLC increased its stake in shares of ASML by 3.6% during the third quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock valued at $2,123,710,000 after purchasing an additional 126,413 shares in the last quarter. Sands Capital Management LLC lifted its holdings in shares of ASML by 7.6% during the third quarter. Sands Capital Management LLC now owns 1,495,236 shares of the semiconductor company’s stock valued at $880,186,000 after purchasing an additional 105,339 shares during the last quarter. Clearbridge Investments LLC boosted its position in shares of ASML by 2.7% in the 4th quarter. Clearbridge Investments LLC now owns 1,247,197 shares of the semiconductor company’s stock worth $944,028,000 after purchasing an additional 32,623 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of ASML by 2.1% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,173,324 shares of the semiconductor company’s stock worth $888,112,000 after buying an additional 24,368 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

ASML traded up $21.97 during trading on Friday, hitting $956.22. The company’s stock had a trading volume of 685,071 shares, compared to its average volume of 829,115. The business’s 50 day simple moving average is $936.57 and its 200-day simple moving average is $849.28. The firm has a market cap of $377.31 billion, a PE ratio of 48.84, a P/E/G ratio of 2.37 and a beta of 1.49. ASML Holding has a one year low of $563.99 and a one year high of $1,056.34. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33.

ASML (NASDAQ:ASMLGet Free Report) last announced its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, topping analysts’ consensus estimates of $2.84 by $0.54. ASML had a return on equity of 56.99% and a net margin of 27.23%. The company had revenue of $5.74 billion for the quarter, compared to analysts’ expectations of $5.73 billion. As a group, sell-side analysts predict that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were paid a dividend of $1.343 per share. The ex-dividend date was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.56%. ASML’s dividend payout ratio (DPR) is presently 32.53%.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. HSBC started coverage on ASML in a report on Thursday, February 22nd. They issued a “buy” rating on the stock. Wells Fargo & Company lifted their price objective on ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Sanford C. Bernstein lowered their target price on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research note on Friday, April 12th. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Finally, Evercore ISI initiated coverage on shares of ASML in a report on Tuesday, April 16th. They set an “outperform” rating for the company. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,036.00.

Get Our Latest Stock Report on ASML

ASML Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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