TD Waterhouse Canada Inc. Sells 7,042 Shares of ASML Holding N.V. $ASML

TD Waterhouse Canada Inc. reduced its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 17.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,998 shares of the semiconductor company’s stock after selling 7,042 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in ASML were worth $61,517,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of ASML. Van ECK Associates Corp lifted its holdings in ASML by 31.7% during the 2nd quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock worth $4,892,869,000 after buying an additional 592,125 shares in the last quarter. BlackRock Inc. increased its stake in shares of ASML by 4.9% in the 2nd quarter. BlackRock Inc. now owns 1,282,190 shares of the semiconductor company’s stock valued at $2,550,840,000 after buying an additional 59,888 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of ASML by 6.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock valued at $2,168,227,000 after buying an additional 96,860 shares during the period. Bank of America Corp DE raised its position in shares of ASML by 1.2% during the first quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company’s stock worth $2,060,833,000 after acquiring an additional 19,051 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of ASML by 1.8% during the first quarter. Dimensional Fund Advisors LP now owns 1,033,583 shares of the semiconductor company’s stock worth $1,364,963,000 after acquiring an additional 18,768 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Key Headlines Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Record results and strong profitability: ASML reported approximately €11.7 billion in third-quarter sales, up 55% year over year, with net income near €5.0 billion and gross margin of 57.5%. The results reinforce the company’s earnings momentum. ASML: An Earnings Monster With More Room to Run
• Positive Sentiment: Demand remains well ahead of supply: Customers are seeking equipment deliveries into 2029 and 2030, while ASML says supply is effectively sold out through at least 2028. Its monopoly in extreme ultraviolet lithography makes it a critical bottleneck for advanced AI, CPU, and high-bandwidth-memory chips. Why is ASML the real bottleneck in the AI chip market?
• Positive Sentiment: Higher prices and capacity expansion could lift future earnings: Management has completed price increases for key products, with the full margin benefit expected over the next several years. ASML also plans to expand manufacturing capacity beyond its previous target, supporting growth after 2028. ASML: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Analyst view remains constructive: JPMorgan lowered its price target to $2,350 but maintained an Overweight rating, implying substantial potential upside if demand and pricing gains continue.
• Negative Sentiment: Expectations are extremely high: ASML trades at a premium valuation, so even strong earnings have not fully satisfied investors. A slight quarterly sales miss, rising costs, and the need to look beyond already-secured demand are weighing on sentiment. ASML’s sold-out outlook forces investors to look beyond demand
• Negative Sentiment: Macro and shareholder-return concerns: Higher inflation and interest-rate expectations are prompting a rotation away from expensive technology stocks. Separately, the latest quarterly dividend was reduced by 2%, while geopolitical exposure to China and Taiwan remains a risk.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ASML. DZ Bank raised ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Wells Fargo & Company lifted their price objective on ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Citigroup reiterated a “buy” rating on shares of ASML in a research report on Thursday. Argus set a $2,100.00 price target on ASML in a research note on Thursday, July 16th. Finally, Weiss Ratings raised ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 2nd. Three research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $2,079.12.

ASML Stock Performance

Shares of NASDAQ:ASML traded down $15.92 on Friday, hitting $1,641.52. The company had a trading volume of 1,887,451 shares, compared to its average volume of 1,516,126. The stock has a market cap of $645.58 billion, a price-to-earnings ratio of 40.41, a P/E/G ratio of 0.73 and a beta of 1.77. The company has a current ratio of 1.49, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a 1-year low of $946.11 and a 1-year high of $1,999.96. The stock has a 50 day moving average price of $1,739.12 and a 200 day moving average price of $1,670.66.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. The business had revenue of $13.27 billion during the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. Analysts expect that ASML Holding N.V. will post 43.86 EPS for the current year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th will be issued a dividend of $2.1077 per share. This is a decrease from ASML’s previous quarterly dividend of $2.1507. This represents a $8.43 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 27th. ASML’s payout ratio is 22.62%.

ASML Company Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment projects patterns onto silicon wafers, enabling the creation of increasingly smaller and more powerful semiconductor features.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems, and related metrology and inspection solutions.