Prudent Man Advisors LLC Decreases Position in ASML Holding (NASDAQ:ASML)

Prudent Man Advisors LLC decreased its stake in ASML Holding (NASDAQ:ASMLFree Report) by 3.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 515 shares of the semiconductor company’s stock after selling 18 shares during the period. Prudent Man Advisors LLC’s holdings in ASML were worth $303,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Atria Wealth Solutions Inc. boosted its stake in shares of ASML by 26.6% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 5,797 shares of the semiconductor company’s stock worth $4,201,000 after acquiring an additional 1,219 shares in the last quarter. Tudor Investment Corp Et Al boosted its position in ASML by 552.4% during the second quarter. Tudor Investment Corp Et Al now owns 10,634 shares of the semiconductor company’s stock worth $7,707,000 after purchasing an additional 9,004 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of ASML by 30.8% in the second quarter. Bank of New York Mellon Corp now owns 218,517 shares of the semiconductor company’s stock valued at $158,370,000 after buying an additional 51,487 shares in the last quarter. Security National Bank raised its stake in shares of ASML by 29.3% during the 3rd quarter. Security National Bank now owns 9,150 shares of the semiconductor company’s stock worth $5,313,000 after buying an additional 2,074 shares during the last quarter. Finally, Capital Asset Advisory Services LLC purchased a new stake in shares of ASML in the 2nd quarter worth about $210,000. Hedge funds and other institutional investors own 18.94% of the company’s stock.

ASML Price Performance

Shares of NASDAQ:ASML opened at $935.92 on Monday. The company has a market cap of $369.30 billion, a P/E ratio of 44.15, a P/E/G ratio of 1.85 and a beta of 1.49. The business has a fifty day simple moving average of $771.89 and a 200-day simple moving average of $685.42. ASML Holding has a 52 week low of $563.99 and a 52 week high of $954.32. The company has a quick ratio of 0.96, a current ratio of 1.50 and a debt-to-equity ratio of 0.34.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be issued a $1.343 dividend. This represents a $5.37 annualized dividend and a yield of 0.57%. The ex-dividend date is Friday, April 26th. ASML’s dividend payout ratio (DPR) is 24.59%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on ASML shares. JPMorgan Chase & Co. raised their target price on shares of ASML from $726.00 to $878.00 and gave the company an “overweight” rating in a report on Thursday, November 30th. Sanford C. Bernstein upgraded ASML from a “market perform” rating to an “outperform” rating in a research report on Monday, January 22nd. Susquehanna increased their target price on ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a report on Friday, January 26th. Cantor Fitzgerald began coverage on ASML in a report on Tuesday, January 23rd. They issued an “overweight” rating for the company. Finally, Raymond James increased their price objective on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 25th. Four research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average target price of $912.60.

View Our Latest Research Report on ASML

ASML Company Profile

(Free Report)

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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