Pegasus Asset Management Inc. Grows Position in ASML Holding N.V. $ASML

Pegasus Asset Management Inc. lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 3.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,012 shares of the semiconductor company’s stock after acquiring an additional 175 shares during the period. ASML accounts for approximately 1.4% of Pegasus Asset Management Inc.’s portfolio, making the stock its 28th biggest holding. Pegasus Asset Management Inc.’s holdings in ASML were worth $4,017,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Putney Financial Group LLC boosted its stake 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 last quarter. Maseco LLP acquired a new position in shares of ASML in the 2nd quarter valued at approximately $32,000. Banque Cantonale Vaudoise acquired a new position in shares of ASML in the 1st quarter valued at approximately $27,000. Costello Asset Management INC raised its position in shares of ASML by 147.1% in the 2nd quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 25 shares in the last quarter. Finally, PARK CIRCLE Co raised its position in shares of ASML by 80.0% in the 2nd quarter. PARK CIRCLE Co now owns 45 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 20 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ASML has been the subject of a number of research analyst reports. Erste Group Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Weiss Ratings reissued a “hold (c+)” rating on shares of ASML in a research note on Wednesday, October 8th. Wells Fargo & Company upped their price objective on ASML from $840.00 to $890.00 and gave the company an “overweight” rating in a report on Tuesday, July 8th. Morgan Stanley raised ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, September 22nd. Finally, DZ Bank reaffirmed a “neutral” rating on shares of ASML in a report on Thursday, September 25th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,001.60.

ASML Stock Performance

ASML opened at $936.19 on Monday. The firm has a market capitalization of $368.18 billion, a P/E ratio of 39.07, a price-to-earnings-growth ratio of 1.58 and a beta of 1.87. The stock’s 50 day moving average price is $834.05 and its two-hundred day moving average price is $762.98. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,059.00.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing analysts’ consensus estimates of $5.94 by ($1.39). ASML had a return on equity of 49.47% and a net margin of 26.95%.The firm had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.72 billion. During the same quarter in the prior year, the business posted $4.01 EPS. ASML’s 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, equities analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were given a $1.856 dividend. This represents a $7.42 annualized dividend and a yield of 0.8%. The ex-dividend date was Tuesday, July 29th. This is a positive change from ASML’s previous quarterly dividend of $1.64. 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.