ASML (NASDAQ:ASML) Shares Down 1.7% - Here's Why

Key Points

• ASML shares fell 1.7% recently, with the stock last trading at $946.94 after hitting a low of $940.95, amidst a decline in trading volume by 19% from the average.
• A number of research firms made mixed updates, with Wells Fargo increasing its price target from $840 to $890 and DZ Bank downgrading the stock from "strong-buy" to "hold."
• ASML recently declared a quarterly dividend of $1.856 per share, reflecting an increase from the previous quarter's dividend and representing a yield of 0.8%.

ASML Holding N.V. (NASDAQ:ASML - Get Free Report) shares fell 1.7% on Wednesday . The company traded as low as $940.95 and last traded at $946.94. 1,388,893 shares traded hands during trading, a decline of 19% from the average session volume of 1,713,012 shares. The stock had previously closed at $963.51.

Analysts Set New Price Targets

A number of research firms recently weighed in on ASML. Wells Fargo & Company boosted their price target on shares of ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. DZ Bank cut shares of ASML from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 16th. UBS Group raised shares of ASML from a "neutral" rating to a "buy" rating in a research report on Friday, September 5th. Morgan Stanley raised shares of ASML from an "equal weight" rating to an "overweight" rating in a research report on Monday. Finally, Erste Group Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Price Performance

The stock's 50-day simple moving average is $765.50 and its 200 day simple moving average is $738.16. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. The company has a market cap of $372.55 billion, a price-to-earnings ratio of 39.52, a PEG ratio of 1.62 and a beta of 1.80.

ASML (NASDAQ:ASML - Get Free Report) last posted its 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). ASML had a net margin of 26.95% and a return on equity of 49.47%. The company had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. During the same period in the previous year, the company earned $4.01 EPS. The company's quarterly revenue 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. On average, equities research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were paid 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 a boost from ASML's previous quarterly dividend of $1.64. The ex-dividend date was Tuesday, July 29th. ASML's payout ratio is currently 26.21%.

Institutional Trading of ASML

A number of institutional investors and hedge funds have recently bought and sold shares of the business. UMB Bank n.a. increased its position in shares of ASML by 4.3% during the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company's stock valued at $254,000 after purchasing an additional 13 shares during the period. Rossmore Private Capital boosted its stake in ASML by 0.3% in the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company's stock valued at $2,880,000 after buying an additional 14 shares in the last quarter. Baring Financial LLC boosted its stake in ASML by 2.8% in the 2nd quarter. Baring Financial LLC now owns 510 shares of the semiconductor company's stock valued at $409,000 after buying an additional 14 shares in the last quarter. Sage Mountain Advisors LLC boosted its stake in ASML by 2.6% in the 1st quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company's stock valued at $399,000 after buying an additional 15 shares in the last quarter. Finally, Manchester Capital Management LLC boosted its stake in ASML by 15.2% in the 1st quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company's stock valued at $76,000 after buying an additional 15 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

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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