Reynders McVeigh Capital Management LLC trimmed its stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 3.0% during the second quarter, HoldingsChannel reports. The fund owned 11,096 shares of the semiconductor company’s stock after selling 349 shares during the quarter. ASML comprises approximately 0.9% of Reynders McVeigh Capital Management LLC’s holdings, making the stock its 28th largest position. Reynders McVeigh Capital Management LLC’s holdings in ASML were worth $22,074,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Cornerstone Financial Management LLC bought a new stake in shares of ASML during the 4th quarter valued at about $26,000. NBH Bank bought a new position in ASML in the 2nd quarter worth approximately $26,000. Field & Main Bank acquired a new stake in ASML in the 2nd quarter valued at approximately $30,000. Portus Wealth Advisors LLC bought a new stake in shares of ASML during the first quarter valued at about $32,000. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of ASML in the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 26.07% of the company’s stock.
Wall Street Analyst Weigh In
ASML has been the subject of several research analyst reports. Citigroup restated a “buy” rating on shares of ASML in a report on Friday, July 17th. Zacks Research downgraded ASML from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research note on Friday, July 10th. Morgan Stanley reissued an “overweight” rating on shares of ASML in a research report on Tuesday, July 7th. Finally, Sanford C. Bernstein raised their price target on shares of ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,970.33.
ASML Price Performance
NASDAQ:ASML traded up $16.33 during mid-day trading on Tuesday, reaching $1,591.48. 1,577,561 shares of the company were exchanged, compared to its average volume of 1,787,074. ASML Holding N.V. has a 12 month low of $861.18 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. The company has a fifty day moving average of $1,732.82 and a 200 day moving average of $1,611.84. The stock has a market cap of $625.90 billion, a PE ratio of 49.52, a PEG ratio of 0.84 and a beta of 1.79.
ASML (NASDAQ:ASML – Get Free Report) last posted its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. The firm had revenue of $10.62 billion during the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. On average, research analysts anticipate that ASML Holding N.V. will post 44.97 EPS for the current fiscal year.
ASML Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were paid a dividend of $2.1507 per share. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s payout ratio is 22.59%.
ASML News Roundup
Here are the key news stories impacting ASML this week:
- Positive Sentiment: ASML is evaluating ways to produce more than 110 EUV tools in 2028, up from at least 80 systems expected in 2027. JPMorgan analysts said demand for AI-related chipmaking equipment remains “very very strong,” and ASML is already nearly sold out for 2027. This suggests strong future revenue visibility and pricing power. ASML Eyes 110+ EUV Tools in 2028 as AI Chip Demand Accelerates
- Positive Sentiment: Demand for ASML’s next-generation High-NA EUV technology is expanding among leading chipmakers. TSMC has reportedly joined the other major customers, while ASML has begun developing a new Eindhoven campus. Broader adoption reinforces the company’s long-term technological dominance and could support growth beyond current EUV systems. ASML extends chipmaking dominance as customers embrace High NA
- Positive Sentiment: Some analysts view the recent decline of more than 14% over a month as an attractive entry point, arguing that ASML’s near-monopoly in advanced lithography and exposure to AI infrastructure remain undervalued. ASML Fell For a Month Straight
- Neutral Sentiment: ASML’s production capacity—not customer demand—is emerging as the key constraint for 2028. Its roughly $400 million EUV machines also cannot address every chipmaking requirement, forcing customers to use workarounds that may pressure their margins. High-NA systems strengthen ASML’s roadmap, but customers must justify substantially higher capital spending. ASML Gains as a 110-Machine Bottleneck Defines 2028
- Negative Sentiment: Recent volatility reflects concerns that calls to slow frontier-AI development could reduce semiconductor capital spending. Elevated valuation, geopolitical exposure and the substantial cost of High-NA equipment remain risks, even as current AI demand stays strong. Why ASML Stock Is Falling Today
About ASML
ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment uses light to project intricate circuit patterns onto silicon wafers, an essential step in the production of chips for computers, smartphones, automobiles, data centers and other electronic devices.
The company’s product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems and advanced metrology and inspection technologies.
Featured Stories
- Five stocks we like better than ASML
- Running on Empty: 3 Energy Plays for Europe’s Deep Freeze
- 3 Healthcare Stocks for 3 Stages of Life
- Curaleaf Tries To Roll Up Aurora In a Hostile Cannabis Bid
- MarketBeat’s Most Downgraded Stocks in Q3: 2 Look Cheap, 1 Looks Risky
Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML – Free Report).
Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.
