Peterson Wealth Raises ASML Holding Stake 30.8% to $9.57 Million in Q3
Peterson Wealth Services boosted its ASML Holding N.V. stake by 30.8% in Q3, acquiring 2,327 additional shares to hold 9,884 shares valued at $9.57 million. The position now represents 2.2% of Peterson’s portfolio, ranking ASML as its ninth-largest holding.
1. Peterson Wealth Services Boosts ASML Stake Significantly
In its latest Form 13F filing with the SEC for the third quarter, Peterson Wealth Services disclosed a 30.8% increase in its position in ASML Holding N.V., acquiring an additional 2,327 shares to bring its total holding to 9,884 shares. This investment now represents 2.2% of the firm’s overall portfolio, making ASML its ninth largest holding. As of the filing date, the position had a notional value of approximately $9.57 million, underscoring Peterson’s conviction in ASML’s leading position in photolithography equipment and its exposure to ongoing expansion in advanced chip manufacturing.
2. Broader Institutional Interest in ASML Intensifies
Several other asset managers also expanded their ASML holdings during the first half of the fiscal year. UBS Asset Management’s distinct business unit increased its stake by 153.1%, adding over 10,000 shares to reach a total of 17,210 shares, valued at approximately $11.4 million. AQR Capital Management more than doubled its exposure with a 141.1% rise, acquiring 4,021 shares for a 6,871‐share total. Capstone Wealth Management Group added 124 shares for a 5.2% gain, and Empirical Wealth Management lifted its position by 71.6%. Collectively, institutional investors now control just over 26% of ASML’s outstanding equity, reflecting broad confidence in the company’s near‐term order backlog and secular growth drivers in extreme ultraviolet lithography.
3. Dividend Hike Reinforces Cash‐Flow Strength
ASML recently announced a new quarterly dividend of $3.1771 per share, up from $1.88, payable to shareholders of record on April 27 with a payment date of May 5. The increase translates to an annualized payout of $12.71 per share and a yield of approximately 0.9%, while keeping the dividend payout ratio below 25%. This substantive raise highlights ASML’s robust free cash flow generation and conservative balance sheet, which features a debt‐to‐equity ratio of 0.14 and a current ratio of 1.26. Investors view the enhanced cash return policy as a signal of management’s confidence in sustaining strong revenue growth and margin expansion driven by rising EUV system deliveries.