ASML (NASDAQ:ASML) Sets New 1-Year High After Analyst Upgrade

ASML Holding N.V. (NASDAQ:ASML) hit a new 52-week high during trading on Monday after Erste Group Bank upgraded the stock from a hold rating to a buy rating. The stock traded as high as $964.54 and last traded at $956.40, with a volume of 217259 shares traded. The stock had previously closed at $932.15.

Several other equities research analysts have also commented on the stock. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a research report on Tuesday, September 16th. Barclays restated a “neutral” rating on shares of ASML in a research report on Tuesday, September 16th. New Street Research raised ASML from a “neutral” rating to a “buy” rating in a research note on Thursday, July 24th. Sanford C. Bernstein began coverage on ASML in a research note on Tuesday, June 17th. They set a “market perform” rating and a $806.00 price target for the company. Finally, Wells Fargo & Company lifted their price target on ASML from $840.00 to $890.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 8th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $923.80.

Institutional Trading of ASML

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fisher Asset Management LLC grew its holdings in ASML by 6.3% in the 2nd quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock valued at $3,401,304,000 after buying an additional 250,934 shares during the period. GAMMA Investing LLC grew its holdings in ASML by 70,115.5% in the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company’s stock valued at $9,282,120,000 after buying an additional 1,398,805 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of ASML by 26.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock worth $631,079,000 after purchasing an additional 199,740 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of ASML by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company’s stock worth $600,175,000 after purchasing an additional 7,164 shares during the period. Finally, Franklin Resources Inc. grew its holdings in shares of ASML by 5.2% during the 2nd quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock worth $611,933,000 after purchasing an additional 37,994 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Up 0.6%

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 firm has a market cap of $379.06 billion, a PE ratio of 40.21, a PEG ratio of 1.62 and a beta of 1.80. The stock has a fifty day moving average price of $765.50 and a 200-day moving average price of $738.16.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (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 for the quarter, compared to analysts’ expectations of $8.72 billion. During the same quarter in the previous year, the firm posted $4.01 EPS. The firm’s revenue for the quarter 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. Research analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were issued a dividend of $1.856 per share. This represents a $7.42 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Tuesday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.64. ASML’s dividend payout ratio (DPR) is presently 26.21%.

About ASML

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.