ASML Holding N.V. $ASML Stake Raised by SteelPeak Wealth LLC

Key Points

• SteelPeak Wealth LLC increased its stake in ASML Holding N.V. by 32.6%, owning 8,472 shares valued at approximately $6.79 million after purchasing an additional 2,082 shares during Q2.
• Multiple hedge funds have also raised their positions in ASML, with institutional investors now holding 26.07% of the company's stock.
• ASML's recent quarterly earnings showed a 23.2% year-over-year revenue increase, although its earnings per share missed analysts' estimates, coming in at $4.55.

SteelPeak Wealth LLC grew its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 32.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,472 shares of the semiconductor company's stock after buying an additional 2,082 shares during the period. SteelPeak Wealth LLC's holdings in ASML were worth $6,789,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. UMB Bank n.a. raised its holdings in shares of ASML by 4.3% during the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company's stock valued at $254,000 after buying an additional 13 shares during the last quarter. Rossmore Private Capital raised its holdings in shares of ASML by 0.3% during the first quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company's stock valued at $2,880,000 after buying an additional 14 shares during the last quarter. Baring Financial LLC raised its holdings in shares of ASML by 2.8% during the second quarter. Baring Financial LLC now owns 510 shares of the semiconductor company's stock valued at $409,000 after buying an additional 14 shares during the last quarter. Sage Mountain Advisors LLC raised its holdings in shares of ASML by 2.6% during the first quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company's stock valued at $399,000 after buying an additional 15 shares during the last quarter. Finally, Manchester Capital Management LLC raised its holdings in shares of ASML by 15.2% during the first quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company's stock valued at $76,000 after buying an additional 15 shares during the last quarter. Institutional investors own 26.07% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ASML. JPMorgan Chase & Co. lifted their price target on ASML from $957.00 to $1,175.00 and gave the company an "overweight" rating in a report on Monday. Wells Fargo & Company boosted their target price on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Arete Research raised ASML to a "strong-buy" rating in a report on Friday, September 12th. New Street Research reissued a "neutral" rating on shares of ASML in a report on Monday. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of ASML in a report on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $938.80.

ASML Price Performance

NASDAQ ASML opened at $1,043.30 on Tuesday. The stock has a market capitalization of $410.46 billion, a P/E ratio of 43.54, a P/E/G ratio of 1.74 and a beta of 1.87. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,059.00. The business's fifty day moving average is $812.40 and its two-hundred day moving average is $755.60. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results 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). The company had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. ASML's quarterly revenue was up 23.2% on a year-over-year basis. During the same period in the prior year, the company posted $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were issued a $1.856 dividend. This is an increase from ASML's previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend 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.

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