Simplicity Wealth LLC raised its stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 151.1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 939 shares of the semiconductor company’s stock after purchasing an additional 565 shares during the quarter. Simplicity Wealth LLC’s holdings in ASML were worth $753,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of the stock. OLD National Bancorp IN acquired a new position in shares of ASML during the 2nd quarter worth about $3,829,000. Willner & Heller LLC grew its position in shares of ASML by 6.0% during the 2nd quarter. Willner & Heller LLC now owns 1,100 shares of the semiconductor company’s stock worth $881,000 after buying an additional 62 shares during the period. Elevate Capital Advisors LLC grew its position in shares of ASML by 10.7% during the 2nd quarter. Elevate Capital Advisors LLC now owns 1,943 shares of the semiconductor company’s stock worth $1,557,000 after buying an additional 188 shares during the period. Bank Hapoalim BM grew its position in shares of ASML by 17.7% during the 2nd quarter. Bank Hapoalim BM now owns 5,413 shares of the semiconductor company’s stock worth $4,338,000 after buying an additional 815 shares during the period. Finally, Impact Investors Inc grew its position in shares of ASML by 14.7% during the 2nd quarter. Impact Investors Inc now owns 876 shares of the semiconductor company’s stock worth $702,000 after buying an additional 112 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
ASML has been the subject of several analyst reports. DZ Bank restated a “neutral” rating on shares of ASML in a research report on Thursday, September 25th. Jefferies Financial Group cut ASML from a “buy” rating to a “hold” rating in a report on Thursday, June 26th. JPMorgan Chase & Co. lifted their price objective on ASML from $957.00 to $1,175.00 and gave the company an “overweight” rating in a report on Monday. Arete Research upgraded ASML to a “strong-buy” rating in a report on Friday, September 12th. Finally, UBS Group reiterated a “buy” rating on shares of ASML in a report on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $938.80.
ASML Price Performance
Shares of ASML opened at $1,002.30 on Wednesday. The stock has a market capitalization of $394.32 billion, a P/E ratio of 41.83, a P/E/G ratio of 1.76 and a beta of 1.87. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,059.00. The company has a 50 day moving average of $818.08 and a 200-day moving average of $757.31. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21.
ASML (NASDAQ:ASML – Get Free Report) last released its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing analysts’ consensus estimates of $5.94 by ($1.39). The business had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The firm’s revenue for the quarter was up 23.2% on a year-over-year basis. During the same period last year, the business posted $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities research analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.
ASML Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were given a $1.856 dividend. This represents a $7.42 dividend on an annualized basis and a yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.64. The ex-dividend date of this dividend was Tuesday, July 29th. ASML’s payout ratio is 26.21%.
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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