Price T Rowe Associates Inc. MD Decreases Stock Holdings in ASML Holding N.V. $ASML

Price T Rowe Associates Inc. MD lowered its stake in ASML Holding N.V. (NASDAQ:ASML) by 9.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,635,326 shares of the semiconductor company’s stock after selling 283,545 shares during the quarter. Price T Rowe Associates Inc. MD’s holdings in ASML were worth $1,746,247,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Putney Financial Group LLC lifted its holdings in shares of ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 29 shares during the period. Banque Cantonale Vaudoise purchased a new stake in ASML during the first quarter valued at $27,000. Knuff & Co LLC purchased a new stake in ASML during the first quarter valued at $33,000. Wayfinding Financial LLC bought a new position in ASML in the first quarter valued at about $35,000. Finally, Pinnacle Bancorp Inc. purchased a new position in ASML in the first quarter worth about $42,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Performance

ASML opened at $749.49 on Thursday. The company has a 50 day simple moving average of $755.91 and a two-hundred day simple moving average of $725.84. 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 firm has a market cap of $294.86 billion, a P/E ratio of 31.28, a PEG ratio of 1.51 and a beta of 1.76. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $945.05.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 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 for the quarter, compared to the consensus estimate of $8.72 billion. During the same quarter in the previous year, the business earned $4.01 earnings per share. The firm’s revenue for the quarter was up 23.2% on a year-over-year basis. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were issued a dividend of $1.856 per share. This is a boost from ASML’s previous quarterly dividend of $1.64. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $7.42 annualized dividend and a dividend yield of 1.0%. ASML’s payout ratio is currently 26.21%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on ASML shares. Citigroup reaffirmed a “buy” rating on shares of ASML in a research report on Monday, May 19th. Wells Fargo & Company upped their target price on shares of ASML from $840.00 to $890.00 and gave the company an “overweight” rating in a report on Tuesday, July 8th. Jefferies Financial Group cut shares of ASML from a “buy” rating to a “hold” rating in a research note on Thursday, June 26th. Erste Group Bank reissued a “hold” rating on shares of ASML in a research report on Wednesday, July 23rd. Finally, New Street Research raised ASML from a “neutral” rating to a “buy” rating in a report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average target price of $923.80.

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.