ASML Holding N.V. $ASML Shares Sold by Seaview Investment Managers LLC

Seaview Investment Managers LLC lessened its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 33.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 10,689 shares of the semiconductor company’s stock after selling 5,411 shares during the period. ASML accounts for about 3.8% of Seaview Investment Managers LLC’s portfolio, making the stock its 3rd largest position. Seaview Investment Managers LLC’s holdings in ASML were worth $10,348,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in ASML. Telos Capital Management Inc. raised its position in shares of ASML by 4.5% during the third quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock worth $10,504,000 after acquiring an additional 463 shares during the last quarter. Daymark Wealth Partners LLC raised its holdings in ASML by 25.3% during the 2nd quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock worth $3,738,000 after purchasing an additional 941 shares during the last quarter. Regents of The University of California acquired a new position in shares of ASML in the 3rd quarter worth approximately $413,335,000. Transcendent Capital Group LLC bought a new stake in shares of ASML in the 3rd quarter valued at $680,000. Finally, Vanguard Personalized Indexing Management LLC increased its position in shares of ASML by 14.4% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 21,625 shares of the semiconductor company’s stock worth $20,944,000 after buying an additional 2,726 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Trading Down 1.1%

Shares of ASML stock opened at $1,413.62 on Wednesday. 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 has a market cap of $555.95 billion, a P/E ratio of 54.75, a PEG ratio of 1.65 and a beta of 1.89. The company has a 50 day moving average of $1,227.82 and a 200-day moving average of $1,019.64. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,493.47.

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 issued a dividend of $3.1771 per share. 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 dividend on an annualized basis and a yield of 0.9%. ASML’s payout ratio is currently 24.55%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ASML. Weiss Ratings downgraded ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. HSBC reissued a “buy” rating on shares of ASML in a research note on Friday, October 17th. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, October 15th. Bank of America lifted their price objective on shares of ASML from $1,092.00 to $1,331.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Finally, TD Cowen reissued a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Three research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.