Pegasus Asset Management Inc. grew its position in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 3.6% during the second quarter, HoldingsChannel.com reports. The firm owned 5,012 shares of the semiconductor company’s stock after buying an additional 175 shares during the quarter. ASML accounts for approximately 1.4% of Pegasus Asset Management Inc.’s investment 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.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. UMB Bank n.a. boosted its holdings in shares of ASML by 4.3% in the 2nd quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock valued at $254,000 after purchasing an additional 13 shares in the last quarter. Rossmore Private Capital boosted its holdings in shares of ASML by 0.3% in the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock valued at $2,880,000 after purchasing an additional 14 shares in the last quarter. Baring Financial LLC boosted its holdings in shares of ASML by 2.8% in the 2nd quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock valued at $409,000 after purchasing an additional 14 shares in the last quarter. Sage Mountain Advisors LLC boosted its holdings in shares of ASML by 2.6% in the 1st quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company’s stock valued at $399,000 after purchasing an additional 15 shares in the last quarter. Finally, Manchester Capital Management LLC boosted its holdings in shares of ASML by 15.2% in the 1st quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company’s stock valued at $76,000 after purchasing an additional 15 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the company. UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Wednesday, October 1st. Jefferies Financial Group downgraded ASML from a “buy” rating to a “hold” rating in a report on Thursday, June 26th. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a report on Thursday, September 25th. Susquehanna increased their price target on ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a research note on Friday. Finally, Arete Research upgraded ASML to a “strong-buy” rating in a research note on Friday, September 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,001.60.
ASML Stock Down 4.5%
Shares of ASML opened at $936.19 on Monday. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,059.00. The stock has a market capitalization of $368.18 billion, a price-to-earnings ratio of 39.07, a PEG ratio of 1.58 and a beta of 1.87. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. The stock has a fifty day moving average of $834.05 and a 200-day moving average of $762.98.
ASML (NASDAQ:ASML – Get Free Report) last announced its quarterly earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing analysts’ consensus estimates of $5.94 by ($1.39). The firm had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The firm’s revenue was up 23.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.01 earnings per share. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.
ASML Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were given a dividend of $1.856 per share. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $7.42 annualized dividend and a yield of 0.8%. This is an increase from ASML’s previous quarterly dividend of $1.64. ASML’s dividend payout ratio is 26.21%.
ASML Company 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.
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