ASML Holding N.V. $ASML Stake Boosted by CenterBook Partners LP

CenterBook Partners LP raised its position in ASML Holding N.V. (NASDAQ:ASML) by 79.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,597 shares of the semiconductor company’s stock after acquiring an additional 3,366 shares during the quarter. ASML makes up about 0.6% of CenterBook Partners LP’s holdings, making the stock its 29th biggest holding. CenterBook Partners LP’s holdings in ASML were worth $13,763,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Boston Common Asset Management LLC acquired a new position in ASML in the first quarter valued at $4,355,000. Puzo Michael J acquired a new stake in shares of ASML in the 2nd quarter valued at approximately $1,795,000. Envestnet Asset Management Inc. grew its holdings in ASML by 6.5% during the second quarter. Envestnet Asset Management Inc. now owns 440,721 shares of the semiconductor company’s stock worth $876,783,000 after acquiring an additional 27,021 shares during the period. State Street Corp raised its position in ASML by 4.4% in the second quarter. State Street Corp now owns 85,872 shares of the semiconductor company’s stock worth $170,851,000 after acquiring an additional 3,632 shares in the last quarter. Finally, QRG Capital Management Inc. grew its stake in shares of ASML by 12.5% during the 2nd quarter. QRG Capital Management Inc. now owns 26,167 shares of the semiconductor company’s stock worth $52,057,000 after purchasing an additional 2,913 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ASML shares. Cantor Fitzgerald reissued an “overweight” rating on shares of ASML in a research note on Monday, September 14th. JPMorgan Chase & Co. dropped their price target on ASML from $2,400.00 to $2,350.00 and set an “overweight” rating for the company in a research report on Thursday, October 15th. DZ Bank raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Barclays reissued an “overweight” rating on shares of ASML in a research note on Thursday, July 16th. Finally, Argus set a $2,100.00 price objective on shares of ASML in a research note on Thursday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,204.71.

ASML Stock Up 5.0%

Shares of ASML stock traded up $68.10 during trading hours on Friday, hitting $1,424.75. 1,902,471 shares of the company’s stock traded hands, compared to its average volume of 1,583,467. ASML Holding N.V. has a twelve month low of $946.11 and a twelve month high of $1,999.96. The company has a market cap of $549.13 billion, a PE ratio of 35.08, a PEG ratio of 0.63 and a beta of 1.80. The company has a quick ratio of 1.01, a current ratio of 1.49 and a debt-to-equity ratio of 0.09. The stock has a 50 day simple moving average of $1,677.25 and a 200-day simple moving average of $1,599.85.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. The company had revenue of $13.27 billion for the quarter. Equities research analysts anticipate that ASML Holding N.V. will post 46.54 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Tuesday, October 27th were paid a dividend of $2.1077 per share. The ex-dividend date was Tuesday, October 27th. This is a decrease from ASML’s previous quarterly dividend of $2.1507. This represents a $8.43 annualized dividend and a yield of 0.6%. ASML’s payout ratio is currently 17.55%.

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures equipment used to produce semiconductor chips. Its systems are used by chipmakers to create the intricate patterns that form circuits on silicon wafers.

The company’s products include extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography systems, along with metrology and inspection equipment, computational lithography software, and related services. ASML also supports customers with system maintenance, upgrades, and technical assistance.

Founded in 1984 as a joint venture between Philips and ASM International, ASML is headquartered in Veldhoven, the Netherlands.