Mizuho upgraded shares of ASML (NASDAQ:ASML – Free Report) from a neutral rating to an outperform rating in a research report sent to investors on Monday, MarketBeat reports.
ASML has been the topic of a number of other reports. Arete Research upgraded ASML to a “strong-buy” rating in a report on Friday, September 12th. New Street Research raised ASML from a “neutral” rating to a “buy” rating in a research report on Thursday, July 24th. Wells Fargo & Company upped their price target on ASML from $840.00 to $890.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 8th. Morgan Stanley raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. Finally, Erste Group Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, September 22nd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $923.80.
Get Our Latest Stock Analysis on ASML
ASML Stock Performance
ASML (NASDAQ:ASML – Get Free Report) last issued its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing analysts’ consensus estimates of $5.94 by ($1.39). The company had revenue of $8.94 billion for the quarter, compared to analyst estimates of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.The company’s revenue was up 23.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.01 earnings per share. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts forecast that ASML will post 25.17 EPS for the current fiscal year.
ASML Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders 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%. The ex-dividend date of this dividend was Tuesday, July 29th. This is a boost from ASML’s previous quarterly dividend of $1.64. ASML’s payout ratio is currently 26.21%.
Institutional Trading of ASML
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Putney Financial Group LLC increased its stake in shares of ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 29 shares during the last quarter. Princeton Global Asset Management LLC grew its holdings in ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 20 shares during the period. Banque Cantonale Vaudoise acquired a new position in ASML during the first quarter worth approximately $27,000. Binnacle Investments Inc raised its stake in ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 15 shares during the period. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in shares of ASML in the second quarter valued at approximately $30,000. 26.07% of the stock is owned by institutional investors.
ASML Company 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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