Bragg Financial Advisors Inc Purchases New Position in ASML Holding N.V. $ASML

Key Points

• Bragg Financial Advisors Inc. has acquired 4,173 shares of ASML Holding N.V., valued at approximately $2.76 million, marking a new position for the institutional investor in the semiconductor company.
• ASML reported earnings of $4.55 per share for the quarter, falling short of expectations, although revenue increased 23.2% year-over-year.
• The company's recent quarterly dividend has been increased to $1.856, reflecting a yield of 1.0%, indicating ongoing confidence in financial performance.

Bragg Financial Advisors Inc acquired a new stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,173 shares of the semiconductor company's stock, valued at approximately $2,765,000.

A number of other institutional investors and hedge funds have also bought and sold shares of ASML. GAMMA Investing LLC increased 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 purchasing an additional 1,398,805 shares during the period. T. Rowe Price Investment Management Inc. acquired a new stake in ASML in the first quarter valued at $360,262,000. Invesco Ltd. increased its holdings in ASML by 101.0% in the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock valued at $484,562,000 after purchasing an additional 367,505 shares during the period. Goldman Sachs Group Inc. increased its holdings in ASML by 26.5% in the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company's stock valued at $631,079,000 after purchasing an additional 199,740 shares during the period. Finally, First Manhattan CO. LLC. grew its holdings in ASML by 59.4% during the 4th quarter. First Manhattan CO. LLC. now owns 439,890 shares of the semiconductor company's stock worth $307,374,000 after acquiring an additional 163,945 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on ASML shares. DZ Bank downgraded ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. New Street Research upgraded ASML from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th. Wells Fargo & Company increased their price target on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Citigroup reiterated a "buy" rating on shares of ASML in a report on Monday, May 19th. Finally, Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. 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, ASML has a consensus rating of "Moderate Buy" and an average price target of $923.80.

ASML Stock Up 2.7%

Shares of ASML traded up $19.49 during trading hours on Friday, hitting $754.89. The stock had a trading volume of 1,453,889 shares, compared to its average volume of 1,572,704. 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 firm has a 50 day simple moving average of $754.78 and a 200-day simple moving average of $725.92. The firm has a market capitalization of $296.99 billion, a P/E ratio of 31.51, a price-to-earnings-growth ratio of 1.53 and a beta of 1.76. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $922.13.

ASML (NASDAQ:ASML - Get Free Report) last issued 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 firm had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The business's quarterly revenue was up 23.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.01 earnings per share. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company 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 represents a $7.42 annualized dividend and a dividend yield of 1.0%. This is a boost from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio (DPR) is 26.21%.

ASML 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.