a16z Perennial Management L.P. Takes Position in ASML Holding N.V. $ASML

a16z Perennial Management L.P. purchased a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 478 shares of the semiconductor company’s stock, valued at approximately $463,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Capstone Wealth Management Group LLC increased its position in shares of ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after acquiring an additional 124 shares during the last quarter. AQR Capital Management LLC grew its stake in ASML by 141.1% during the 1st quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after purchasing an additional 4,021 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in ASML by 153.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after purchasing an additional 10,411 shares during the last quarter. Sivia Capital Partners LLC raised its position 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 purchasing an additional 15 shares in the last quarter. Finally, Clear Creek Financial Management LLC boosted its stake in shares of ASML by 8.8% during the 2nd quarter. Clear Creek Financial Management LLC now owns 1,891 shares of the semiconductor company’s stock valued at $1,515,000 after buying an additional 153 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Bank of America lifted their price target on shares of ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Berenberg Bank reissued a “buy” rating on shares of ASML in a research report on Friday, January 23rd. UBS Group reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, January 29th. DZ Bank reiterated a “neutral” rating on shares of ASML in a research note on Wednesday, October 15th. Finally, Royal Bank Of Canada upped their price objective on ASML from $1,550.00 to $1,625.00 and gave the company an “outperform” rating in a research note on Thursday, January 29th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,475.00.

ASML Price Performance

ASML opened at $1,413.01 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 company’s 50-day moving average price is $1,214.91 and its 200 day moving average price is $1,005.59. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,493.47. The firm has a market cap of $555.71 billion, a price-to-earnings ratio of 54.73, a price-to-earnings-growth ratio of 1.56 and a beta of 1.89.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be given a dividend of $3.1771 per share. The ex-dividend date is Monday, April 27th. This represents a $12.71 dividend on an annualized basis and a yield of 0.9%. This is an increase from ASML’s previous quarterly dividend of $1.88. ASML’s payout ratio is presently 24.55%.

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.