Grimes & Company Inc. decreased its stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 8.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,176 shares of the semiconductor company’s stock after selling 1,541 shares during the quarter. Grimes & Company Inc.’s holdings in ASML were worth $12,963,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of ASML. T. Rowe Price Investment Management Inc. acquired a new stake in ASML in the 1st quarter valued at $360,262,000. Invesco Ltd. boosted its stake in ASML by 101.0% in the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock valued at $484,562,000 after buying an additional 367,505 shares in the last quarter. Amundi boosted its stake in ASML by 91.6% in the 1st quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock valued at $403,215,000 after buying an additional 307,214 shares in the last quarter. First Manhattan CO. LLC. boosted its stake in ASML by 61.0% in the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock valued at $469,183,000 after buying an additional 268,172 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in ASML by 26.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock valued at $631,079,000 after buying an additional 199,740 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have commented on ASML. Morningstar lowered ASML to a “hold” rating in a research note on Thursday, September 18th. DZ Bank reissued a “neutral” rating on shares of ASML in a research note on Thursday, September 25th. Mizuho raised ASML from a “neutral” rating to an “outperform” rating in a research note on Monday, September 29th. Barclays reissued an “overweight” rating on shares of ASML in a research note on Tuesday, September 30th. Finally, New Street Research raised ASML from a “neutral” rating to a “buy” rating in a research note on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average target price of $923.80.
ASML Trading Up 0.2%
NASDAQ ASML opened at $1,032.22 on Monday. The stock has a 50-day simple moving average of $806.14 and a 200 day simple moving average of $753.31. The company has a market capitalization of $406.10 billion, a PE ratio of 43.08, a P/E/G ratio of 1.74 and a beta of 1.87. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,040.23.
ASML (NASDAQ:ASML – Get Free Report) last announced its quarterly earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.94 by ($1.39). ASML had a return on equity of 49.47% and a net margin of 26.95%.The business had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.72 billion. During the same quarter last year, the company earned $4.01 earnings per share. The firm’s revenue was up 23.2% compared to the same quarter last year. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.
ASML Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were issued a $1.856 dividend. This represents a $7.42 annualized dividend and a dividend yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.64. The ex-dividend date was Tuesday, July 29th. ASML’s dividend payout ratio is currently 26.21%.
ASML Profile
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also 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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