Benson Investment Management Company Inc. Purchases New Position in ASML Holding N.V. $ASML

Benson Investment Management Company Inc. purchased a new stake in ASML Holding N.V. (NASDAQ:ASML) in the second quarter, Holdings Channel reports. The firm purchased 7,003 shares of the semiconductor company’s stock, valued at approximately $5,612,000. ASML accounts for 2.1% of Benson Investment Management Company Inc.’s holdings, making the stock its 16th largest position.

Other large investors have also recently modified their holdings of the company. T. Rowe Price Investment Management Inc. purchased a new stake in ASML during the first quarter worth $360,262,000. Invesco Ltd. lifted its holdings in ASML by 101.0% during the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock worth $484,562,000 after buying an additional 367,505 shares during the period. Amundi lifted its holdings in 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 during the period. First Manhattan CO. LLC. lifted its holdings in 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 during the period. Finally, Goldman Sachs Group Inc. lifted 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 buying an additional 199,740 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on ASML shares. JPMorgan Chase & Co. upped their target price on ASML from $957.00 to $1,175.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. Mizuho raised ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, September 29th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $935.00 price target on shares of ASML in a research report on Thursday. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research report on Friday. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,001.60.

ASML Price Performance

NASDAQ ASML opened at $936.19 on Friday. 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 stock’s fifty day moving average price is $834.05 and its 200 day moving average price is $762.09. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,059.00. The company has a market cap of $368.18 billion, a price-to-earnings ratio of 39.07, a PEG ratio of 1.66 and a beta of 1.87.

ASML (NASDAQ:ASML) last announced its quarterly 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). 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%.ASML’s revenue for the quarter was up 23.2% on a year-over-year basis. During the same period in the prior year, the business posted $4.01 earnings per share. 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 earnings per share for the current year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were paid a $1.856 dividend. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $7.42 dividend on an annualized basis and a yield of 0.8%. This is a boost from ASML’s previous quarterly dividend of $1.64. ASML’s dividend payout ratio is 26.21%.

About ASML

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.