Bamco Inc. NY Buys 603 Shares of ASML Holding N.V. $ASML

Bamco Inc. NY grew its stake in ASML Holding N.V. (NASDAQ:ASML) by 1.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,588 shares of the semiconductor company’s stock after buying an additional 603 shares during the period. Bamco Inc. NY’s holdings in ASML were worth $30,580,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Telos Capital Management Inc. grew its position in shares of ASML by 4.5% in the third quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock valued at $10,504,000 after purchasing an additional 463 shares during the last quarter. Regents of The University of California acquired a new position in shares of ASML during the 3rd quarter worth about $413,335,000. Transcendent Capital Group LLC bought a new stake in ASML during the 3rd quarter valued at approximately $680,000. Dimensional Fund Advisors LP boosted its stake in ASML by 4.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock valued at $959,180,000 after purchasing an additional 38,660 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in ASML by 34.5% in the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock valued at $15,086,000 after buying an additional 4,001 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on ASML. TD Cowen reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Santander lowered shares of ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd. Royal Bank Of Canada boosted their price objective on shares of ASML from $1,550.00 to $1,625.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research note on Friday, January 16th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,475.00.

ASML Stock Down 0.4%

ASML opened at $1,345.69 on Monday. The company has a market capitalization of $529.23 billion, a P/E ratio of 52.12, a P/E/G ratio of 1.30 and a beta of 1.88. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79. The firm’s fifty day moving average price is $1,380.42 and its two-hundred day moving average price is $1,130.66. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,547.22.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be given a dividend of $3.1771 per share. This is an increase 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 dividend yield of 0.9%. ASML’s dividend payout ratio (DPR) is presently 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.