ASML (NASDAQ:ASML) Stock Price Down 3.1% - Here's What Happened

Key Points

• ASML stock declined by 3.1%, trading as low as $716.20 on Tuesday, with a significant drop in volume compared to its average trading activity.
• Several analysts have provided mixed ratings on ASML, with Wells Fargo increasing the price target to $890.00 and a consensus target price of $923.80.
• ASML announced a quarterly dividend increase to $1.856, reflecting a 1.0% yield and a payout ratio of 26.21%.

ASML Holding N.V. (NASDAQ:ASML - Get Free Report) was down 3.1% during trading on Tuesday . The stock traded as low as $716.20 and last traded at $719.59. Approximately 766,442 shares changed hands during trading, a decline of 55% from the average daily volume of 1,703,593 shares. The stock had previously closed at $742.62.

Analysts Set New Price Targets

Several research analysts have recently issued reports on ASML shares. Barclays restated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. DZ Bank downgraded ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. Citigroup reiterated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Wells Fargo & Company boosted their target price on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Finally, Sanford C. Bernstein started coverage on shares of ASML in a research note on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Trading Down 2.7%

The company has a market cap of $284.36 billion, a PE ratio of 30.17, a price-to-earnings-growth ratio of 1.51 and a beta of 1.80. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. The company's 50 day simple moving average is $753.61 and its two-hundred day simple moving average is $726.01.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share 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 company had revenue of $8.94 billion for the quarter, compared to analysts' expectations of $8.72 billion. During the same quarter in the prior year, the firm posted $4.01 EPS. The firm'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. As a group, sell-side analysts anticipate 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. Shareholders of record on Tuesday, July 29th were given a $1.856 dividend. This is a boost from ASML's previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, July 29th. ASML's dividend payout ratio is 26.21%.

Hedge Funds Weigh In On ASML

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC bought a new stake in ASML during the fourth quarter worth approximately $270,000. Aptus Capital Advisors LLC grew its holdings in shares of ASML by 235.9% in the 4th quarter. Aptus Capital Advisors LLC now owns 2,143 shares of the semiconductor company's stock valued at $1,485,000 after buying an additional 1,505 shares during the period. Ameriprise Financial Inc. boosted its holdings in ASML by 13.5% during the fourth quarter. Ameriprise Financial Inc. now owns 269,348 shares of the semiconductor company's stock worth $186,307,000 after purchasing an additional 31,971 shares during the last quarter. BNP Paribas lifted its stake in ASML by 645.0% in the fourth quarter. BNP Paribas now owns 149 shares of the semiconductor company's stock valued at $103,000 after acquiring an additional 129 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its holdings in shares of ASML by 18.6% during the 4th quarter. Baird Financial Group Inc. now owns 115,791 shares of the semiconductor company's stock worth $80,252,000 after buying an additional 18,160 shares during the period. Institutional investors and hedge funds 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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