Peterson Wealth Increases ASML Holding Stake 30.8%, Dividend Rises to $3.1771
Peterson Wealth Services increased its stake by 30.8% to 9,884 shares worth $9.57M, making ASML its ninth-largest holding (2.2% of portfolio). ASML boosted its quarterly dividend to $3.1771 per share from $1.88, implying a $12.71 annual payout and 0.9% yield, payable May 5.
1. Peterson Wealth Services Boosts Position in ASML
Peterson Wealth Services increased its holdings in ASML Holding N.V. by 30.8% during the third quarter, raising its position from 7,557 to 9,884 shares. This additional 2,327-share acquisition now represents 2.2% of the fund’s total portfolio, making ASML its ninth largest position. As of the most recent Form 13F filing, the firm’s ASML stake is valued at 9.57 million dollars, underscoring continued confidence in the company’s leadership in photolithography equipment and services.
2. Broader Institutional Activity Highlights Growing Interest
Several other asset managers have also been active in ASML during recent quarters. Capstone Wealth Management Group lifted its stake by 5.2%, adding 124 shares to reach 2,511 shares valued at 1.66 million dollars. AQR Capital Management more than doubled its exposure, boosting its stake by 141.1% through an additional 4,021 shares, bringing its total to 6,871 shares worth 4.55 million dollars. Meanwhile, UBS Asset Management Americas increased its holding by 153.1%, adding 10,411 shares to hold 17,210 shares valued at 11.4 million dollars. Smaller managers such as Sivia Capital Partners and Empirical Wealth Management also added to their positions, reflecting broad-based institutional conviction.
3. Quarterly Dividend Increase and Consensus Ratings
ASML announced a significant boost to its quarterly dividend, raising the payout from 1.88 to 3.1771 dollars per share, equivalent to an annualized dividend of 12.71 dollars and a yield of approximately 0.9%. The dividend’s payout ratio stands at 24.79%, supporting both income and growth objectives. On the analyst front, the consensus view across 33 research reports is a Moderate Buy rating, with three Strong Buy, twenty-one Buy, seven Hold and two Sell recommendations. The average target price sits near 1,475 dollars, reflecting expectations for continued revenue growth driven by extreme ultraviolet lithography demand and expanding service revenues.