ASML (NASDAQ:ASML) Stock Price Up 1% - Here's Why

Key Points

• ASML's stock price increased by 1%, closing at $733.42, following a previous close of $725.85, despite a significant decline in trading volume.
• Analysts have mixed ratings on ASML, with one strong buy, six buy ratings, and seven holds; the average target price is set at $923.80.
• The company recently declared an increased quarterly dividend of $1.856, marking a positive change from the previous $1.64, resulting in a yield of 1.0%.

ASML Holding N.V. (NASDAQ:ASML - Get Free Report) shares rose 1% on Wednesday . The stock traded as high as $738.30 and last traded at $733.42. Approximately 402,478 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 1,702,436 shares. The stock had previously closed at $725.85.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Wells Fargo & Company upped their target price on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. New Street Research raised shares of ASML from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th. Erste Group Bank reiterated a "hold" rating on shares of ASML in a research report on Wednesday, July 23rd. Jefferies Financial Group cut shares of ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Finally, DZ Bank cut shares of ASML from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 16th. One research 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. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Stock Up 1.0%

The firm has a fifty day moving average price of $751.86 and a 200 day moving average price of $726.01. 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 $288.50 billion, a P/E ratio of 30.61, a PEG ratio of 1.51 and a beta of 1.80.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing the consensus estimate of $5.94 by ($1.39). The business had revenue of $8.94 billion for the quarter, compared to the consensus estimate of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.ASML's revenue for the quarter was up 23.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were issued a $1.856 dividend. This is a positive change 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 was Tuesday, July 29th. ASML's dividend payout ratio (DPR) is 26.21%.

Hedge Funds Weigh In On ASML

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

ASML Company Profile

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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