ASML (NASDAQ:ASML) Shares Up 5.2% - Here's Why

Key Points

• ASML shares rose by 5.2% on Monday, reaching a trading high of $985.18, with 2.2 million shares traded, significantly above its average session volume.
• Brokerage firms have mostly restated positive ratings for ASML, with Goldman Sachs and UBS maintaining "buy" ratings and average target price set at $1,001.60.
• The company recently announced an increased quarterly dividend of $1.856, reflecting a shift from the previous $1.64, resulting in an annualized yield of 0.8%.

Shares of ASML Holding N.V. (NASDAQ:ASML - Get Free Report) shot up 5.2% on Monday . The stock traded as high as $985.18 and last traded at $984.66. 2,218,508 shares changed hands during trading, an increase of 30% from the average session volume of 1,709,183 shares. The stock had previously closed at $936.19.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ASML. The Goldman Sachs Group restated a "buy" rating on shares of ASML in a research note on Friday. UBS Group restated a "buy" rating on shares of ASML in a research note on Wednesday, October 1st. Hsbc Global Res upgraded ASML to a "strong-buy" rating in a research note on Monday, October 6th. Sanford C. Bernstein restated a "market perform" rating and set a $935.00 target price on shares of ASML in a research note on Thursday. Finally, Morningstar downgraded ASML to a "hold" rating in a research note on Thursday, September 18th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and a consensus target price of $1,001.60.

ASML Stock Performance

The stock has a market capitalization of $387.25 billion, a PE ratio of 41.10, a PEG ratio of 1.58 and a beta of 1.87. 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 firm has a 50 day moving average price of $834.05 and a 200-day moving average price of $762.98.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts' expectations of $8.72 billion. During the same quarter in the previous year, the business earned $4.01 earnings per share. The company'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 fiscal year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were paid a $1.856 dividend. The ex-dividend date was Tuesday, July 29th. This is a positive change from ASML's previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a dividend yield of 0.8%. ASML's dividend payout ratio (DPR) is currently 26.17%.

Institutional Trading of ASML

Hedge funds have recently modified their holdings of the stock. Acadian Asset Management LLC boosted its stake in shares of ASML by 97.6% in the first quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company's stock worth $101,978,000 after buying an additional 76,023 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its stake in shares of ASML by 12.3% in the first quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock worth $266,000 after buying an additional 44 shares during the last quarter. Strategic Planning Group LLC boosted its stake in shares of ASML by 12.5% in the second quarter. Strategic Planning Group LLC now owns 6,552 shares of the semiconductor company's stock worth $5,251,000 after buying an additional 730 shares during the last quarter. Empowered Funds LLC raised its holdings in ASML by 5.0% in the 1st quarter. Empowered Funds LLC now owns 10,928 shares of the semiconductor company's stock worth $7,241,000 after purchasing an additional 519 shares during the period. Finally, Gunderson Capital Management Inc. acquired a new position in ASML in the 2nd quarter worth about $1,702,000. Hedge funds and other institutional investors own 26.07% of the company's stock.

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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