Congress Asset Management Co. Sells 161 Shares of ASML Holding N.V. $ASML

Congress Asset Management Co. reduced its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,942 shares of the semiconductor company’s stock after selling 161 shares during the period. Congress Asset Management Co.’s holdings in ASML were worth $10,372,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ASML. Putney Financial Group LLC increased its position in ASML by 322.2% in the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after buying an additional 29 shares during the period. Maseco LLP bought a new position in ASML in the 2nd quarter worth approximately $32,000. Banque Cantonale Vaudoise bought a new stake in ASML in the 1st quarter valued at $27,000. Knuff & Co LLC bought a new stake in ASML in the 1st quarter valued at $33,000. Finally, Wayfinding Financial LLC bought a new stake in ASML in the 1st quarter valued at $35,000. 26.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Morgan Stanley raised shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Monday. Sanford C. Bernstein began coverage on shares of ASML in a research report on Tuesday, June 17th. They set a “market perform” rating and a $806.00 target price for the company. New Street Research upgraded shares of ASML from a “neutral” rating to a “buy” rating in a research report on Thursday, July 24th. Jefferies Financial Group cut shares of ASML from a “buy” rating to a “hold” rating in a research report on Thursday, June 26th. Finally, Arete Research upgraded shares of ASML to a “strong-buy” rating in a research report on Friday, September 12th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $923.80.

ASML Stock Up 0.2%

Shares of NASDAQ:ASML opened at $951.52 on Friday. ASML Holding N.V. has a one year low of $578.51 and a one year high of $977.48. The company has a 50 day moving average of $777.78 and a 200-day moving average of $743.24. 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 has a market cap of $374.35 billion, a price-to-earnings ratio of 39.71, a P/E/G ratio of 1.60 and a beta of 1.80.

ASML (NASDAQ:ASML) last issued its quarterly earnings results 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 return on equity of 49.47% and a net margin of 26.95%.The business had revenue of $8.94 billion for the quarter, compared to analyst estimates of $8.72 billion. During the same quarter in the prior year, the firm earned $4.01 EPS. The firm’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, sell-side analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

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

ASML 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.