FourThought Financial Partners LLC Grows Stake in ASML Holding N.V. $ASML

Key Points

• FourThought Financial Partners increased its stake in ASML by 11.1% in Q3 to 15,890 shares worth $15.38 million, representing about 1.4% of the firm's portfolio and its 18th largest holding.
• ASML raised its quarterly dividend to $3.1771 (from $1.88), a $12.71 annualized payout with a 0.9% yield and a dividend payout ratio of 25.1% (ex-dividend April 27).
• Analyst sentiment is broadly positive: ASML has an average rating of "Moderate Buy" and an average target price of $1,475.00.

FourThought Financial Partners LLC increased its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 11.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,890 shares of the semiconductor company's stock after purchasing an additional 1,592 shares during the quarter. ASML makes up approximately 1.4% of FourThought Financial Partners LLC's portfolio, making the stock its 18th biggest position. FourThought Financial Partners LLC's holdings in ASML were worth $15,383,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ASML. Capstone Wealth Management Group LLC grew its position in shares of ASML by 5.2% in the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company's stock valued at $1,664,000 after buying an additional 124 shares during the last quarter. AQR Capital Management LLC increased its position in ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company's stock worth $4,553,000 after buying an additional 4,021 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of ASML by 153.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company's stock valued at $11,404,000 after acquiring an additional 10,411 shares during the period. Sivia Capital Partners LLC increased its holdings in shares of ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company's stock valued at $936,000 after acquiring an additional 15 shares during the period. Finally, Savant Capital LLC boosted its stake in ASML by 30.2% during the 2nd quarter. Savant Capital LLC now owns 1,539 shares of the semiconductor company's stock worth $1,233,000 after purchasing an additional 357 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Performance

NASDAQ:ASML opened at $1,357.42 on Tuesday. The firm has a 50-day moving average price of $1,358.58 and a two-hundred day moving average price of $1,113.58. The company has a market capitalization of $533.85 billion, a P/E ratio of 52.57, a price-to-earnings-growth ratio of 1.25 and a beta of 1.88. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,547.22.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders 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 is Monday, April 27th. This represents a $12.71 annualized dividend and a yield of 0.9%. ASML's dividend payout ratio (DPR) is presently 25.10%.

Analyst Ratings Changes

A number of brokerages have recently commented on ASML. Weiss Ratings raised shares of ASML from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, February 26th. Cantor Fitzgerald reiterated an "overweight" rating on shares of ASML in a research note on Tuesday, December 16th. Sanford C. Bernstein reaffirmed a "buy" rating on shares of ASML in a report on Wednesday, February 25th. Zacks Research downgraded shares of ASML from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 3rd. Finally, Wells Fargo & Company lifted their target price on shares of ASML from $1,450.00 to $1,650.00 and gave the company an "overweight" rating in a report on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, ASML has an average rating of "Moderate Buy" and an average target price of $1,475.00.

ASML Company 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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