ASML (NASDAQ:ASML) Hits New 12-Month High on Analyst Upgrade

Key Points

• ASML's stock reached a new 52-week high of $964.54 after Erste Group Bank upgraded its rating from hold to buy, closing at $956.40.
• The stock currently has a consensus rating of "Moderate Buy" with two analysts rating it as Strong Buy and nine as Buy.
• ASML also declared a quarterly dividend of $1.856 per share, representing an annualized yield of 0.8%, an increase from its previous dividend of $1.64.

ASML Holding N.V. (NASDAQ:ASML - Get Free Report)'s stock price reached 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 company traded as high as $964.54 and last traded at $956.40, with a volume of 217259 shares. The stock had previously closed at $932.15.

A number of other equities analysts also recently commented on the stock. Morningstar downgraded shares of ASML to a "hold" rating in a research note on Thursday. Arete Research upgraded shares of ASML to a "strong-buy" rating in a report on Friday, September 12th. JPMorgan Chase & Co. reiterated a "buy" rating on shares of ASML in a research note on Tuesday, September 16th. Morgan Stanley raised shares of ASML from an "equal weight" rating to an "overweight" rating in a report on Monday. Finally, UBS Group raised shares of ASML from a "neutral" rating to a "buy" rating in a research note on Friday, September 5th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $923.80.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ASML. GAMMA Investing LLC boosted its holdings in shares of ASML by 70,115.5% in the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after acquiring an additional 1,398,805 shares during the period. T. Rowe Price Investment Management Inc. bought a new position in shares of ASML in the 1st quarter valued at about $360,262,000. Invesco Ltd. increased its position in shares of ASML by 101.0% during the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock worth $484,562,000 after acquiring an additional 367,505 shares during the period. Amundi lifted its stake in shares of ASML by 91.6% during the first quarter. Amundi now owns 642,498 shares of the semiconductor company's stock worth $403,215,000 after buying an additional 307,214 shares during the period. Finally, First Manhattan CO. LLC. increased its holdings in ASML by 61.0% in the first quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company's stock valued at $469,183,000 after buying an additional 268,172 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Up 2.4%

The firm's fifty day simple moving average is $759.67 and its two-hundred day simple moving average is $735.00. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $375.43 billion, a price-to-earnings ratio of 39.83, a price-to-earnings-growth ratio of 1.57 and a beta of 1.80.

ASML (NASDAQ:ASML - Get Free Report) last issued 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 for the quarter, compared to analysts' expectations of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.The business's quarterly revenue was up 23.2% compared to the same quarter last year. During the same quarter last year, the firm earned $4.01 earnings per share. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Investors 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 yield of 0.8%. This is an increase from ASML's previous quarterly dividend of $1.64. The ex-dividend date was Tuesday, July 29th. ASML's dividend payout ratio is 26.17%.

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.

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