Gateway Wealth Partners LLC bought a new position in ASML Holding N.V. (NASDAQ:ASML – Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 717 shares of the semiconductor company’s stock, valued at approximately $948,000.
Several other institutional investors and hedge funds have also added to or reduced their stakes in ASML. Arrowstreet Capital Limited Partnership grew its position in ASML by 195.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after buying an additional 1,022,532 shares during the last quarter. Sei Investments Co. lifted its position in shares of ASML by 223.7% during the 1st 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. Price T Rowe Associates Inc. MD lifted its position in shares of ASML by 14.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after acquiring an additional 193,068 shares during the last quarter. Invesco Ltd. boosted its stake in shares of ASML by 21.3% during the 3rd quarter. Invesco Ltd. now owns 849,602 shares of the semiconductor company’s stock worth $822,492,000 after acquiring an additional 148,948 shares in the last quarter. Finally, Sands Capital Management LLC boosted its stake in shares of ASML by 26.6% during the 4th quarter. Sands Capital Management LLC now owns 669,985 shares of the semiconductor company’s stock worth $716,790,000 after acquiring an additional 140,821 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on ASML shares. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a research report on Tuesday, July 7th. Freedom Capital upgraded ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Argus set a $2,100.00 price target on ASML in a research note on Thursday, July 16th. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a report on Monday, June 1st. Finally, DZ Bank raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,970.33.
ASML Price Performance
ASML opened at $1,550.69 on Thursday. The stock has a fifty day moving average of $1,761.09 and a 200-day moving average of $1,534.62. The firm has a market capitalization of $609.86 billion, a P/E ratio of 48.25, a PEG ratio of 0.81 and a beta of 1.78. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,999.96. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09.
ASML (NASDAQ:ASML – Get Free Report) last issued its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The business had revenue of $10.64 billion for the quarter. Equities analysts forecast that ASML Holding N.V. will post 43.6 EPS for the current fiscal year.
ASML Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th will be given a dividend of $2.1507 per share. The ex-dividend date is Tuesday, July 28th. This represents a $8.60 dividend on an annualized basis and a yield of 0.6%. ASML’s dividend payout ratio (DPR) is presently 22.74%.
ASML News Roundup
Here are the key news stories impacting ASML this week:
- Positive Sentiment: Bank of America described the selloff as an overreaction, arguing that China’s emerging immersion DUV equipment poses limited near-term financial risk. ASML retains a monopoly in the more advanced EUV market, which is essential for leading-edge AI and smartphone chips. Bank of America sees ASML as resilient amid China concerns
- Positive Sentiment: Recent coverage continues to highlight strong structural demand for ASML’s systems as chipmakers expand AI, advanced-logic and memory production. Its high-end lithography tools are viewed as critical infrastructure for the AI semiconductor boom. Explainer: The ASML printers key for the AI chip boom
- Neutral Sentiment: Technical analysts say ASML is testing major support after a substantial advance. Holding that zone could support a renewed bullish trend, while a breakdown would raise the risk of a deeper pullback. ASML price forecast and support analysis
- Negative Sentiment: Reports that a Chinese state-backed company has begun mass production of immersion DUV lithography machines triggered concern that domestic alternatives could eventually reduce ASML’s sales in China, an important market for its less-advanced DUV systems. Export restrictions already threaten that business. China starts production of home-grown immersion DUV tools
- Negative Sentiment: Valuation concerns are adding to the pressure: ASML has gained 124.3% over the past year and trades at roughly 48 times earnings, leading investors to question whether AI-related demand and future growth are already reflected in the share price. Has ASML priced in too much AI demand?
About ASML
ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.
ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.
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