Baird Financial Group Inc. Buys 3,670 Shares of ASML Holding N.V. $ASML

Key Points

• Baird Financial Group increased its ASML stake by 3.0% in the second quarter, adding 3,670 shares to own 126,484 shares valued at approximately $251.6 million. Institutional investors collectively own 26.07% of the company.
• ASML reported quarterly revenue of $10.62 billion and EPS of $8.65, while analysts maintain a “Moderate Buy” consensus with an average price target of $1,970.33; the stock recently traded at $1,764.85.
• High-NA EUV demand is strengthening as TSMC, Samsung and Intel advance adoption and ASML expands manufacturing capacity, but investors should weigh the company’s elevated valuation and the execution risks tied to expansion and customer spending.

Baird Financial Group Inc. lifted its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 3.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 126,484 shares of the semiconductor company's stock after purchasing an additional 3,670 shares during the quarter. Baird Financial Group Inc.'s holdings in ASML were worth $251,632,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of ASML. Sterling Investment Advisors Ltd. purchased a new position in ASML in the 2nd quarter worth approximately $213,000. XY Planning Network Inc. purchased a new stake in ASML during the 2nd quarter valued at $263,000. BayBridge Capital Group LLC increased its holdings in shares of ASML by 154.7% in the 2nd quarter. BayBridge Capital Group LLC now owns 1,039 shares of the semiconductor company's stock worth $2,067,000 after purchasing an additional 631 shares in the last quarter. Allworth Financial LP increased its holdings in shares of ASML by 2.7% in the 2nd quarter. Allworth Financial LP now owns 4,013 shares of the semiconductor company's stock worth $7,983,000 after purchasing an additional 105 shares in the last quarter. Finally, Carrhae Capital LLP bought a new stake in shares of ASML in the 2nd quarter worth $63,773,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Up 2.9%

ASML stock opened at $1,764.85 on Wednesday. ASML Holding N.V. has a fifty-two week low of $791.02 and a fifty-two week high of $1,999.96. The business's 50-day moving average is $1,743.15 and its two-hundred day moving average is $1,606.36. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. The company has a market cap of $694.09 billion, a price-to-earnings ratio of 54.91, a P/E/G ratio of 0.85 and a beta of 1.79.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The business had revenue of $10.62 billion during the quarter. As a group, analysts forecast that ASML Holding N.V. will post 44.99 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were given a dividend of $2.1507 per share. This represents a $8.60 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, July 28th. ASML's payout ratio is 22.59%.

Analyst Ratings Changes

ASML has been the topic of a number of research analyst reports. Weiss Ratings raised ASML from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, July 17th. Sanford C. Bernstein lifted their price objective on ASML from $1,971.00 to $2,623.00 and gave the stock an "outperform" rating in a report on Monday, July 6th. Susquehanna restated a "positive" rating on shares of ASML in a research note on Tuesday, June 30th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of ASML in a report on Thursday, June 11th. Finally, Morningstar downgraded shares of ASML to a "sell" rating in a report on Wednesday, May 27th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $1,970.33.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Major customers committed to High-NA EUV. TSMC plans to adopt ASML’s newest lithography technology for advanced chips by 2030, while Samsung expects to use it for DRAM production in 2028. These commitments improve visibility for ASML’s highest-value equipment as AI drives demand for more advanced logic and memory chips. TSMC, Samsung commit to ASML's newest chipmaking tools as AI drives demand
• Positive Sentiment: ASML is expanding manufacturing capacity. The company broke ground on a new production campus in the Netherlands to meet rising AI-related demand. The investment could support higher future tool shipments, though it also increases capital-execution requirements. ASML breaks ground on new manufacturing facilities in major expansion
• Positive Sentiment: Partnerships with Intel and Samsung are deepening. Intel and ASML reported that more than one million wafers have been processed using High-NA EUV equipment, including production work tied to Intel’s 18A process. The milestone supports confidence that High-NA technology is progressing from development toward commercial manufacturing. Intel Foundry and ASML Collaborate to Accelerate Industry Readiness for High-NA EUV
• Positive Sentiment: ASML and TSMC are preparing larger photomasks. Their initiative targets a 12-inch mask pilot line by 2031 and broader production readiness by 2033, potentially improving High-NA EUV economics and reducing chipmaking costs over time. ASML and TSMC Announce Initiative to Pioneer Industry Transition to Large-Format Photomasks for High NA EUV
• Neutral Sentiment: ASML’s buyback continues. The company repurchased shares during the first week of September, providing modest capital-return support but likely serving as a secondary factor compared with the High-NA announcements. ASML reports transactions under its current share buyback program
• Negative Sentiment: Investors still face risks from ASML’s elevated valuation, the substantial cost and complexity of capacity expansion, and possible delays in customer spending or High-NA production adoption. ASML Bets Big on AI and Capacity Expansion

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment uses light to project intricate circuit patterns onto silicon wafers, an essential step in the production of chips for computers, smartphones, automobiles, data centers and other electronic devices.

The company's product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems and advanced metrology and inspection technologies.

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