American Century Companies Inc. Purchases 3,746 Shares of ASML Holding (NASDAQ:ASML)

Posted by Defense World Staff on Aug 30th, 2023

American Century Companies Inc. lifted its position in ASML Holding (NASDAQ:ASML – Free Report) by 10.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 39,346 shares of the semiconductor company’s stock after acquiring an additional 3,746 shares during the period. American Century Companies Inc.’s holdings in ASML were worth $26,783,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Northwest Investment Counselors LLC increased its holdings in shares of ASML by 1,500.0% in the 1st quarter. Northwest Investment Counselors LLC now owns 160 shares of the semiconductor company’s stock worth $109,000 after purchasing an additional 150 shares in the last quarter. O Shaughnessy Asset Management LLC increased its holdings in shares of ASML by 24.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 14,375 shares of the semiconductor company’s stock worth $7,854,000 after purchasing an additional 2,835 shares in the last quarter. Commerce Bank increased its holdings in shares of ASML by 3.0% in the 1st quarter. Commerce Bank now owns 3,140 shares of the semiconductor company’s stock worth $2,137,000 after purchasing an additional 92 shares in the last quarter. BOKF NA boosted its stake in shares of ASML by 8.9% in the 4th quarter. BOKF NA now owns 4,342 shares of the semiconductor company’s stock worth $2,372,000 after buying an additional 355 shares during the last quarter. Finally, Point72 Hong Kong Ltd boosted its stake in shares of ASML by 1,211.4% in the 4th quarter. Point72 Hong Kong Ltd now owns 10,373 shares of the semiconductor company’s stock worth $5,668,000 after buying an additional 9,582 shares during the last quarter. Institutional investors own 18.94% of the company’s stock.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of research reports. StockNews.com downgraded ASML from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. Wells Fargo & Company raised their price target on ASML from $775.00 to $800.00 and gave the stock an “overweight” rating in a research note on Thursday, July 20th. Sanford C. Bernstein downgraded ASML from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $810.00 to $785.00 in a research note on Friday, July 28th. New Street Research downgraded ASML from a “buy” rating to a “neutral” rating in a research report on Friday, June 16th. Finally, Societe Generale downgraded ASML from a “buy” rating to a “hold” rating in a research report on Friday, July 21st. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $730.18.

View Our Latest Analysis on ASML

ASML Trading Up 1.3 %

Shares of ASML stock opened at $667.51 on Wednesday. ASML Holding has a 12-month low of $363.15 and a 12-month high of $771.98. The company has a current ratio of 1.34, a quick ratio of 0.88 and a debt-to-equity ratio of 0.43. The stock’s 50-day moving average price is $695.45 and its 200-day moving average price is $673.46. The stock has a market capitalization of $263.39 billion, a price-to-earnings ratio of 33.88, a price-to-earnings-growth ratio of 1.05 and a beta of 1.42.

ASML (NASDAQ:ASML – Get Free Report) last issued its earnings results on Wednesday, July 19th. The semiconductor company reported $5.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.98 by $0.39. ASML had a return on equity of 79.17% and a net margin of 28.67%. The firm had revenue of $7.51 billion for the quarter. Equities research analysts predict that ASML Holding will post 21.63 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 10th. Shareholders of record on Wednesday, August 2nd were paid a dividend of $1.6281 per share. This is a boost from ASML’s previous quarterly dividend of $1.27. This represents a $6.51 annualized dividend and a yield of 0.98%. The ex-dividend date was Tuesday, August 1st. ASML’s payout ratio is presently 13.76%.

ASML Profile

(Free Report)

ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. It operates through the following geographical segments: Japan, South Korea, Singapore, Taiwan, Chine, Rest of Asia, Netherlands, Europe, the Middle East and Africa (EMEA), and United States.