FNY Investment Advisers LLC Trims Holdings in ASML Holding N.V. $ASML

Key Points

• FNY Investment Advisers LLC trimmed its ASML stake by 45.8% in Q4, selling 1,144 shares and ending the quarter with 1,356 shares worth about $1.45 million.
• ASML announced a significant dividend increase to $3.1771 per quarter (up from $1.88), with an ex-dividend date of April 27 and a May 5 payment, implying a $12.71 annualized payout (~1.0% yield).
• Wall Street’s consensus is a "Moderate Buy" with an average target of $1,482.50; the stock trades near $1,317, has a market cap of ~$518 billion, and a 52‑week range of $578.51–$1,547.22.

FNY Investment Advisers LLC lowered its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 45.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,356 shares of the semiconductor company's stock after selling 1,144 shares during the quarter. FNY Investment Advisers LLC's holdings in ASML were worth $1,450,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Manning & Napier Advisors LLC bought a new position in ASML during the 3rd quarter valued at $25,000. City Holding Co. bought a new stake in shares of ASML in the 3rd quarter worth about $26,000. Binnacle Investments Inc raised its stake in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company's stock valued at $27,000 after purchasing an additional 15 shares in the last quarter. JPL Wealth Management LLC acquired a new stake in shares of ASML in the 3rd quarter valued at about $34,000. Finally, Wealth Watch Advisors INC bought a new position in shares of ASML during the third quarter worth about $34,000. Institutional investors own 26.07% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ASML. Weiss Ratings raised ASML from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, February 26th. Zacks Research lowered ASML from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 3rd. Morgan Stanley reiterated an "overweight" rating on shares of ASML in a report on Friday, January 16th. UBS Group reissued a "buy" rating on shares of ASML in a research report on Tuesday, March 3rd. Finally, Susquehanna restated a "positive" rating on shares of ASML in a research note on Monday, January 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $1,482.50.

ASML Stock Performance

Shares of NASDAQ ASML opened at $1,317.23 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14. The firm's 50-day moving average price is $1,395.18 and its two-hundred day moving average price is $1,181.56. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,547.22. The stock has a market capitalization of $518.04 billion, a P/E ratio of 51.02, a P/E/G ratio of 1.31 and a beta of 1.88.

ASML Increases Dividend

The business 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 is a positive change 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 dividend yield of 1.0%. ASML's dividend payout ratio (DPR) is 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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