Wedbush Securities Inc. increased its position in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 177.3% in the third quarter, Holdings Channel reports. The firm owned 3,558 shares of the semiconductor company’s stock after purchasing an additional 2,275 shares during the quarter. Wedbush Securities Inc.’s holdings in ASML were worth $6,445,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of ASML. Boston Common Asset Management LLC acquired a new position in ASML in the first quarter worth $4,355,000. Puzo Michael J bought a new stake in ASML during the second quarter valued at $1,795,000. State Street Corp increased its stake in ASML by 4.4% during the second quarter. State Street Corp now owns 85,872 shares of the semiconductor company’s stock valued at $170,851,000 after purchasing an additional 3,632 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in shares of ASML by 23.9% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 6,371 shares of the semiconductor company’s stock worth $12,675,000 after purchasing an additional 1,230 shares during the period. Finally, QRG Capital Management Inc. raised its holdings in shares of ASML by 12.5% during the second quarter. QRG Capital Management Inc. now owns 26,167 shares of the semiconductor company’s stock worth $52,057,000 after purchasing an additional 2,913 shares during the period. 26.07% of the stock is owned by institutional investors.
Analysts Set New Price Targets
ASML has been the topic of a number of recent research reports. UBS Group restated a “buy” rating on shares of ASML in a research report on Monday, September 28th. Weiss Ratings raised shares of ASML from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 16th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of ASML in a research report on Monday, September 14th. Sanford C. Bernstein increased their price objective on shares of ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a report on Friday, July 10th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,079.12.
Read Our Latest Stock Analysis on ASML
Key ASML News
Here are the key news stories impacting ASML this week:
- Positive Sentiment: Polen Capital highlighted ASML as a beneficiary of accelerating demand for advanced semiconductor manufacturing. The investment manager views the company as positioned to benefit from AI-related growth rather than face disruption from it. ASML Benefits From Demand for Advanced Semiconductor Manufacturing
- Positive Sentiment: ASML remains the sole commercial supplier of EUV lithography systems used to produce leading-edge chips. Commentary suggests its technology, supplier network, and high switching costs create a durable competitive advantage, while projected 2026 revenue is already approaching the lower end of its previous 2030 outlook. ASML: The AI Bottleneck That Could Be Bigger Than Investors Expect
- Positive Sentiment: Reports that ASML’s EUV systems are sold out through 2028 reinforce strong order visibility and suggest AI chip demand continues to exceed available manufacturing capacity. Analysts also argue that Chinese competitors have not yet eroded ASML’s core EUV monopoly. Chinese Competitors Aren’t Eroding ASML’s EUV Core Monopoly
- Neutral Sentiment: Discussion of a potential stock split could make ASML shares more accessible to a broader investor base, but no split has been announced and the issue has no direct near-term earnings impact. Stock-Split Watch: Is ASML Next?
- Negative Sentiment: A Chinese state-owned company reportedly began mass-producing mid-tier lithography equipment, raising a longer-term threat to ASML’s China revenue and potentially shortening the timeline for regional competition. The risk appears more relevant to mature-node tools than ASML’s EUV franchise. China’s Mid-Tier Emergence Threatens ASML
- Negative Sentiment: A supply warning from Lam Research pressured the broader semiconductor-equipment group, with concerns that equipment constraints could limit industry growth and near-term outlooks. That read-through weighed on ASML despite its stronger structural demand story. Supply Constraints Pressure Chip Equipment Stocks
ASML Stock Performance
ASML stock traded up $11.26 during mid-day trading on Friday, hitting $1,571.80. 997,336 shares of the company’s stock traded hands, compared to its average volume of 1,510,583. The company has a quick ratio of 1.01, a current ratio of 1.49 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a one year low of $946.11 and a one year high of $1,999.96. The firm has a 50 day moving average price of $1,720.15 and a 200 day moving average price of $1,681.28. The company has a market cap of $605.80 billion, a PE ratio of 38.70, a price-to-earnings-growth ratio of 0.65 and a beta of 1.77.
ASML (NASDAQ:ASML – Get Free Report) last released its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. The company had revenue of $13.27 billion during the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. On average, equities analysts forecast that ASML Holding N.V. will post 46.03 EPS for the current year.
ASML Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Tuesday, October 27th will be given a $2.1077 dividend. The ex-dividend date is Tuesday, October 27th. This represents a $8.43 dividend on an annualized basis and a yield of 0.5%. This is a drop from ASML’s previous quarterly dividend of $2.1507. ASML’s payout ratio is currently 17.90%.
ASML Company Profile
ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment helps customers transfer intricate circuit patterns onto silicon wafers, a critical step in the production of processors, memory chips and other semiconductor devices.
ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, which support the production of the most advanced chips, as well as deep ultraviolet (DUV) lithography systems for a broad range of semiconductor applications.
Featured Articles
- Five stocks we like better than ASML
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
- Chefs’ Warehouse Has Rallied 76%—Can the Stock Keep Climbing?
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.
