Baldwin Wealth Partners LLC MA bought a new stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) in the second quarter, Holdings Channel reports. The institutional investor bought 16,188 shares of the semiconductor company’s stock, valued at approximately $12,973,000.
A number of other institutional investors and hedge funds have also made changes to their positions in ASML. T. Rowe Price Investment Management Inc. purchased a new stake in shares of ASML in the first quarter valued at about $360,262,000. Invesco Ltd. raised its holdings in shares of ASML by 101.0% in the first 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 during the last quarter. Amundi raised its holdings in shares of ASML by 91.6% in the first 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 during the last quarter. First Manhattan CO. LLC. raised its holdings in shares of ASML by 61.0% in the first 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 during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in ASML by 26.5% during the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock worth $631,079,000 after purchasing an additional 199,740 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on ASML. Jefferies Financial Group cut shares of ASML from a “buy” rating to a “hold” rating in a report on Thursday, June 26th. UBS Group reissued a “buy” rating on shares of ASML in a report on Wednesday, October 1st. Arete Research raised shares of ASML to a “strong-buy” rating in a report on Friday, September 12th. New Street Research reissued a “neutral” rating on shares of ASML in a report on Monday. Finally, Citigroup reissued a “buy” rating on shares of ASML in a report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $964.60.
ASML Trading Down 0.7%
Shares of ASML opened at $980.54 on Friday. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The firm’s 50-day moving average is $829.12 and its two-hundred day moving average is $760.64. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,059.00. The firm has a market capitalization of $385.76 billion, a P/E ratio of 40.92, a PEG ratio of 1.67 and a beta of 1.87.
ASML (NASDAQ:ASML – Get Free Report) last issued its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share 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 company had revenue of $8.94 billion for the quarter, compared to analyst estimates of $8.72 billion. During the same quarter in the previous year, the company posted $4.01 earnings per share. The company’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. On average, research analysts predict 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. Stockholders of record on Tuesday, July 29th were given a $1.856 dividend. This is a boost from ASML’s previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Tuesday, July 29th. ASML’s dividend payout ratio (DPR) 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.
Featured Stories
- Five stocks we like better than ASML
- What is the Shanghai Stock Exchange Composite Index?
- Why Amazon’s Prime Day May Be the Catalyst for a Year-End Rally
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Let the Good Times Roll: 2 Stocks Showing No Signs of Slowing
- Breakout Stocks: What They Are and How to Identify Them
- Café Culture Revival? 3 Stocks to Watch After Chick-fil-A’s Move
Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML – Free Report).
Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.