ASML Holding N.V. $ASML Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. cut its holdings in ASML Holding N.V. (NASDAQ:ASML) by 5.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 13,386 shares of the semiconductor company’s stock after selling 731 shares during the period. Oppenheimer & Co. Inc.’s holdings in ASML were worth $12,959,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in ASML. Fisher Asset Management LLC lifted its stake in shares of ASML by 6.3% during the second quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock worth $3,401,304,000 after purchasing an additional 250,934 shares in the last quarter. 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 valued at $1,861,445,000 after buying an additional 385,502 shares during the period. Franklin Resources Inc. lifted its position in ASML by 5.2% during the 2nd quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock worth $611,933,000 after acquiring an additional 37,994 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in ASML by 14.1% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 583,093 shares of the semiconductor company’s stock worth $467,285,000 after buying an additional 72,164 shares in the last quarter. Finally, Brown Advisory Inc. increased its position in ASML by 1.8% in the 2nd quarter. Brown Advisory Inc. now owns 448,798 shares of the semiconductor company’s stock valued at $359,662,000 after acquiring an additional 8,070 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on ASML. Sanford C. Bernstein set a $1,911.00 target price on shares of ASML in a research note on Thursday, January 29th. KGI Securities set a $1,415.00 price target on ASML and gave the company an “outperform” rating in a research report on Thursday, January 15th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, January 26th. HSBC reaffirmed a “buy” rating on shares of ASML in a research report on Friday, October 17th. Finally, UBS Group restated a “buy” rating on shares of ASML in a research note on Thursday, January 29th. Three 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,475.00.

ASML Price Performance

NASDAQ ASML opened at $1,429.49 on Tuesday. The stock has a 50-day simple moving average of $1,221.72 and a 200 day simple moving average of $1,014.70. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,493.47. The stock has a market capitalization of $562.19 billion, a PE ratio of 55.36, a P/E/G ratio of 1.63 and a beta of 1.89. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be given a $3.1771 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, April 27th. ASML’s dividend payout ratio (DPR) is currently 24.55%.

About ASML

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.