1,351 Shares in ASML Holding N.V. $ASML Acquired by Weaver Capital Management LLC

Key Points

• Weaver Capital Management opened a new position in ASML, purchasing 1,351 shares in Q4 worth about $1.445 million according to its Form 13F filing.
• ASML boosted its quarterly dividend to $3.1771 (up from $1.88), implying a $12.71 annualized payout and a 0.9% yield, with an ex-dividend date of April 27 and payment on May 5.
• Wall Street remains broadly positive with a consensus "Moderate Buy" rating and an average price target of $1,482.50; ASML trades with a market cap around $558.9 billion and a P/E of about 55.0.

Weaver Capital Management LLC purchased a new position in ASML Holding N.V. (NASDAQ:ASML - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,351 shares of the semiconductor company's stock, valued at approximately $1,445,000.

Other large investors also recently added to or reduced their stakes in the company. Capital International Investors raised its holdings in shares of ASML by 17.3% during the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company's stock worth $3,791,982,000 after acquiring an additional 577,448 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of ASML during the 3rd quarter worth approximately $505,510,000. Regents of The University of California purchased a new stake in shares of ASML during the 3rd quarter worth approximately $413,335,000. WCM Investment Management LLC raised its holdings in shares of ASML by 24.9% during the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company's stock worth $1,861,445,000 after acquiring an additional 385,502 shares in the last quarter. Finally, Alliancebernstein L.P. raised its holdings in shares of ASML by 75.6% during the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company's stock worth $765,632,000 after acquiring an additional 340,518 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ASML. Zacks Research cut ASML from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 3rd. Grupo Santander cut ASML to an "underperform" rating in a report on Thursday, January 22nd. Wells Fargo & Company upped their price objective on ASML from $1,450.00 to $1,650.00 and gave the stock an "overweight" rating in a report on Thursday, January 29th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of ASML in a report on Wednesday, January 28th. Finally, Morgan Stanley reissued 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 given a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $1,482.50.

ASML Stock Performance

Shares of ASML stock opened at $1,421.05 on Thursday. The stock's fifty day moving average is $1,388.56 and its two-hundred day moving average is $1,195.91. The company has a market capitalization of $558.87 billion, a PE ratio of 55.04, a price-to-earnings-growth ratio of 1.27 and a beta of 1.88. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a 52 week low of $606.86 and a 52 week high of $1,547.22.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be given a $3.1771 dividend. This is a boost from ASML's previous quarterly dividend of $1.88. The ex-dividend date of this dividend is Monday, April 27th. This represents a $12.71 annualized dividend and a yield of 0.9%. ASML's dividend payout ratio is currently 25.10%.

ASML 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.

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