ASML (NASDAQ:ASML) Trading Up 1.2% After Analyst Upgrade

ASML Holding N.V. (NASDAQ:ASML)’s share price rose 1.2% during mid-day trading on Monday after Mizuho upgraded the stock from a neutral rating to an outperform rating. The stock traded as high as $972.07 and last traded at $962.61. Approximately 1,195,921 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 1,704,465 shares. The stock had previously closed at $951.52.

A number of other brokerages have also recently issued reports on ASML. Erste Group Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Morgan Stanley upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, September 22nd. Wells Fargo & Company increased their price objective on ASML from $840.00 to $890.00 and gave the company an “overweight” rating in a report on Tuesday, July 8th. New Street Research upgraded shares of ASML from a “neutral” rating to a “buy” rating in a research note on Thursday, July 24th. Finally, Morningstar cut shares of ASML to a “hold” rating in a research note on Thursday, September 18th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $923.80.

Hedge Funds Weigh In On ASML

Institutional investors have recently modified their holdings of the business. T. Rowe Price Investment Management Inc. acquired a new position in ASML during the first quarter worth about $360,262,000. Invesco Ltd. increased its position in ASML by 101.0% during the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock worth $484,562,000 after purchasing an additional 367,505 shares in the last quarter. Amundi increased its holdings in shares of ASML by 91.6% during the first quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock worth $403,215,000 after buying an additional 307,214 shares in the last quarter. First Manhattan CO. LLC. increased its holdings in shares of ASML by 61.0% during the first quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock worth $469,183,000 after buying an additional 268,172 shares in the last quarter. Finally, Fisher Asset Management LLC increased its holdings in shares of ASML by 6.3% during the second quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock worth $3,401,304,000 after buying an additional 250,934 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Up 1.2%

The firm’s fifty day moving average price is $777.78 and its 200-day moving average price is $743.85. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. The company has a market capitalization of $378.71 billion, a price-to-earnings ratio of 40.18, a P/E/G ratio of 1.61 and a beta of 1.80.

ASML (NASDAQ:ASML) last released its quarterly earnings data 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 net margin of 26.95% and a return on equity of 49.47%. The firm had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. During the same period in the prior year, the company earned $4.01 EPS. The business’s quarterly 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. Sell-side analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal 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 given a $1.856 dividend. This is an increase from ASML’s previous quarterly dividend of $1.64. The ex-dividend date was Tuesday, July 29th. This represents a $7.42 annualized dividend and a yield of 0.8%. ASML’s dividend payout ratio is currently 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.