Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 172,139 shares of the semiconductor company’s stock, valued at approximately $311,859,000. ASML comprises about 0.6% of Mirae Asset Global Investments Co. Ltd.’s portfolio, making the stock its 29th biggest position.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Van ECK Associates Corp boosted its stake in ASML by 31.7% during the second 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 during the period. Sei Investments Co. increased its position in ASML by 223.7% during the first quarter. Sei Investments Co. now owns 287,225 shares of the semiconductor company’s stock valued at $379,368,000 after acquiring an additional 198,505 shares during the last quarter. Amundi increased its position in ASML by 498.0% during the second quarter. Amundi now owns 156,791 shares of the semiconductor company’s stock valued at $311,926,000 after acquiring an additional 130,573 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of ASML by 6.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock valued at $2,168,227,000 after acquiring an additional 96,860 shares during the period. Finally, Lazard Asset Management LLC raised its stake in shares of ASML by 25.8% in the first quarter. Lazard Asset Management LLC now owns 339,642 shares of the semiconductor company’s stock valued at $448,610,000 after acquiring an additional 69,668 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.
ASML Stock Down 6.6%
NASDAQ:ASML opened at $1,565.90 on Friday. ASML Holding N.V. has a twelve month low of $946.11 and a twelve month high of $1,999.96. The company has a market cap of $603.53 billion, a price-to-earnings ratio of 38.55, a price-to-earnings-growth ratio of 0.65 and a beta of 1.77. The stock has a fifty day simple moving average of $1,704.71 and a 200-day simple moving average of $1,595.82. The company has a current ratio of 1.49, a quick ratio of 1.01 and a debt-to-equity ratio of 0.09.
ASML (NASDAQ:ASML – Get Free Report) last issued its earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. The firm had revenue of $13.27 billion during the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. Analysts anticipate that ASML Holding N.V. will post 46.54 EPS for the current year.
ASML Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Tuesday, October 27th will be issued a dividend of $2.1077 per share. This represents a $8.43 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Tuesday, October 27th. This is a negative change from ASML’s previous quarterly dividend of $2.1507. ASML’s dividend payout ratio (DPR) is 17.55%.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on the stock. Morgan Stanley restated an “overweight” rating on shares of ASML in a report on Tuesday, July 7th. Weiss Ratings downgraded shares of ASML from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday. JPMorgan Chase & Co. cut their price target on shares of ASML from $2,400.00 to $2,350.00 and set an “overweight” rating on the stock in a report on Thursday, October 15th. UBS Group reissued a “buy” rating on shares of ASML in a research report on Monday, September 28th. Finally, Barclays reissued an “overweight” rating on shares of ASML in a research note on Thursday, July 16th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $2,079.12.
Read Our Latest Report on ASML
Trending Headlines about ASML
Here are the key news stories impacting ASML this week:
- Positive Sentiment: ASML remains a critical bottleneck in advanced-chip manufacturing. It is the only supplier of extreme-ultraviolet lithography systems, which are essential for leading-edge semiconductor production. That strategic position gives the company significant pricing power and exposure to long-term artificial-intelligence infrastructure investment. How ASML Gives the Netherlands a Strategic Advantage in Global AI
- Positive Sentiment: An analysis of Elon Musk’s increasingly vertically integrated businesses argues that ASML has “passed the Elon Test”: even Musk’s chip initiatives still depend on foundries such as TSMC, which in turn require ASML’s lithography technology. This reinforces the company’s long-term moat, although the article is promotional in nature. The Companies Elon Musk Tried to Kill and Couldn’t Are Your Biggest Opportunities
- Neutral Sentiment: Options-market activity has drawn attention to the possibility of a significant ASML move, but options positioning signals volatility rather than a definite fundamental direction. Is the Options Market Predicting a Spike in ASML Holding Stock?
- Negative Sentiment: Intel’s roughly 25% selloff following weak fourth-quarter guidance, margin pressure, and a PC-market downturn raised concerns about broader semiconductor demand and potential delays or caution among chipmakers’ capital-spending plans. Although Intel reported progress in its 18A process, the sector read-through was negative for equipment suppliers. Silicon Shock: Intel’s 25% Valuation Reset
- Negative Sentiment: Valuation concerns may also be weighing on ASML. Compared with Nvidia, ASML generates less revenue and has lower reported pretax margins, prompting investors to question how much AI upside is already reflected in its shares. ASML vs. Nvidia: Who Really Captures the AI Chip Boom?
ASML 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 helps customers transfer intricate circuit patterns onto silicon wafers, a critical step in the production of processors, memory chips and other semiconductor devices.
ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, which support the production of the most advanced chips, as well as deep ultraviolet (DUV) lithography systems for a broad range of semiconductor applications.
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