Steadview Capital Management LLC boosted its stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 15.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,517 shares of the semiconductor company’s stock after purchasing an additional 1,680 shares during the period. ASML comprises approximately 7.8% of Steadview Capital Management LLC’s investment portfolio, making the stock its 5th biggest position. Steadview Capital Management LLC’s holdings in ASML were worth $22,677,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of ASML. Renaissance Investment Group LLC raised its position in shares of ASML by 11.3% during the third quarter. Renaissance Investment Group LLC now owns 118 shares of the semiconductor company’s stock worth $214,000 after acquiring an additional 12 shares during the last quarter. Partners Wealth Management LLC acquired a new position in shares of ASML in the third quarter worth approximately $2,835,000. Soltis Investment Advisors LLC boosted its holdings in ASML by 33.0% in the third quarter. Soltis Investment Advisors LLC now owns 5,941 shares of the semiconductor company’s stock valued at $10,763,000 after acquiring an additional 1,475 shares during the last quarter. Everett Harris & Co. CA boosted its holdings in ASML by 4.8% in the third quarter. Everett Harris & Co. CA now owns 217 shares of the semiconductor company’s stock valued at $393,000 after acquiring an additional 10 shares during the last quarter. Finally, ERn Financial LLC boosted its holdings in ASML by 9.5% in the third quarter. ERn Financial LLC now owns 230 shares of the semiconductor company’s stock valued at $417,000 after acquiring an additional 20 shares during the last quarter. 26.07% of the stock is owned by institutional investors.
Key Headlines Impacting ASML
Here are the key news stories impacting ASML this week:
- Positive Sentiment: ASML remains a critical bottleneck in advanced-chip manufacturing. It is the only supplier of extreme-ultraviolet lithography systems, which are essential for leading-edge semiconductor production. That strategic position gives the company significant pricing power and exposure to long-term artificial-intelligence infrastructure investment. How ASML Gives the Netherlands a Strategic Advantage in Global AI
- Positive Sentiment: An analysis of Elon Musk’s increasingly vertically integrated businesses argues that ASML has “passed the Elon Test”: even Musk’s chip initiatives still depend on foundries such as TSMC, which in turn require ASML’s lithography technology. This reinforces the company’s long-term moat, although the article is promotional in nature. The Companies Elon Musk Tried to Kill and Couldn’t Are Your Biggest Opportunities
- Neutral Sentiment: Options-market activity has drawn attention to the possibility of a significant ASML move, but options positioning signals volatility rather than a definite fundamental direction. Is the Options Market Predicting a Spike in ASML Holding Stock?
- Negative Sentiment: Intel’s roughly 25% selloff following weak fourth-quarter guidance, margin pressure, and a PC-market downturn raised concerns about broader semiconductor demand and potential delays or caution among chipmakers’ capital-spending plans. Although Intel reported progress in its 18A process, the sector read-through was negative for equipment suppliers. Silicon Shock: Intel’s 25% Valuation Reset
- Negative Sentiment: Valuation concerns may also be weighing on ASML. Compared with Nvidia, ASML generates less revenue and has lower reported pretax margins, prompting investors to question how much AI upside is already reflected in its shares. ASML vs. Nvidia: Who Really Captures the AI Chip Boom?
ASML Stock Down 6.6%
Shares of NASDAQ:ASML opened at $1,565.90 on Friday. The firm has a market cap of $603.53 billion, a P/E ratio of 38.55, a PEG ratio of 0.70 and a beta of 1.77. The business’s 50 day simple moving average is $1,704.71 and its two-hundred day simple moving average is $1,595.82. ASML Holding N.V. has a 52-week low of $946.11 and a 52-week high of $1,999.96. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.01 and a current ratio of 1.49.
ASML (NASDAQ:ASML – Get Free Report) last posted its earnings results on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. The company had revenue of $13.27 billion during the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. As a group, research analysts forecast that ASML Holding N.V. will post 46.54 EPS for the current fiscal year.
ASML Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th will be paid a $2.1077 dividend. This represents a $8.43 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Tuesday, October 27th. This is a negative change from ASML’s previous quarterly dividend of $2.1507. ASML’s dividend payout ratio (DPR) is currently 17.53%.
Analysts Set New Price Targets
ASML has been the subject of a number of recent analyst reports. Wall Street Zen raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Saturday, October 17th. Barclays restated an “overweight” rating on shares of ASML in a research report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research note on Friday, July 10th. Cantor Fitzgerald reiterated an “overweight” rating on shares of ASML in a research report on Monday, September 14th. Finally, Weiss Ratings raised shares of ASML from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 16th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $2,079.12.
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.
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