Baird Financial Group Inc. Purchases 19,349 Shares of ASML Holding N.V. $ASML

Key Points

• Baird Financial Group Inc. has increased its stake in ASML Holding N.V. by 16.7%, owning now 135,140 shares valued at approximately $89.5 million.
• ASML reported quarterly earnings of $4.55 earnings per share, missing expectations of $5.94, despite a revenue increase to $8.94 billion.
• The company has increased its quarterly dividend to $1.856 per share, representing a 1.0% yield, with a payout ratio of 26.21%.

Baird Financial Group Inc. boosted its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 16.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 135,140 shares of the semiconductor company's stock after acquiring an additional 19,349 shares during the quarter. Baird Financial Group Inc.'s holdings in ASML were worth $89,548,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in ASML. Putney Financial Group LLC lifted its position in ASML by 322.2% in the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 29 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in ASML in the 1st quarter valued at approximately $27,000. Knuff & Co LLC purchased a new position in ASML in the 1st quarter valued at approximately $33,000. Wayfinding Financial LLC purchased a new position in ASML in the 1st quarter valued at approximately $35,000. Finally, Pinnacle Bancorp Inc. bought a new position in ASML in the 1st quarter valued at $42,000. Institutional investors own 26.07% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Erste Group Bank reissued a "hold" rating on shares of ASML in a report on Wednesday, July 23rd. DZ Bank downgraded ASML from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 16th. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. New Street Research raised ASML from a "neutral" rating to a "buy" rating in a research note on Thursday, July 24th. Finally, Sanford C. Bernstein began coverage on 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, the company has a consensus rating of "Moderate Buy" and a consensus price target of $923.80.

ASML Trading Down 2.3%

ASML stock traded down $17.19 during mid-day trading on Tuesday, hitting $725.43. The company's stock had a trading volume of 1,641,521 shares, compared to its average volume of 1,708,451. The business has a 50 day moving average price of $753.61 and a 200-day moving average price of $726.01. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $892.73. The stock has a market cap of $285.40 billion, a price-to-earnings ratio of 30.28, 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.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (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 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 firm posted $4.01 EPS. ASML's 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, analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were issued a $1.856 dividend. This represents a $7.42 dividend on an annualized basis and a yield of 1.0%. This is a boost from ASML's previous quarterly dividend of $1.64. The ex-dividend date was Tuesday, July 29th. ASML's dividend payout ratio is currently 26.21%.

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.