Baron Wealth Management LLC Purchases New Shares in ASML Holding N.V. $ASML

Key Points

• Baron Wealth Management LLC acquired a new stake in ASML Holding N.V., purchasing 384 shares valued at approximately $308,000 during the second quarter.
• Several institutional investors have increased their stakes, with ASML's stock currently owned by 26.07% of hedge funds and other institutional investors.
• The company announced a quarterly dividend of $1.856 per share, reflecting a raise from its prior dividend and yielding 0.8% annually.

Baron Wealth Management LLC purchased a new stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 384 shares of the semiconductor company's stock, valued at approximately $308,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Rossmore Private Capital raised its position in ASML by 0.3% in the 1st 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. Sage Mountain Advisors LLC grew its stake in ASML by 2.6% in the 1st quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company's stock valued at $399,000 after purchasing an additional 15 shares during the period. Manchester Capital Management LLC grew its stake in ASML by 15.2% in the 1st quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company's stock valued at $76,000 after purchasing an additional 15 shares during the period. Nilsine Partners LLC grew its stake in ASML by 2.6% in the 1st quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock valued at $418,000 after purchasing an additional 16 shares during the period. Finally, First Horizon Advisors Inc. grew its stake in ASML by 3.2% in the 1st quarter. First Horizon Advisors Inc. now owns 516 shares of the semiconductor company's stock valued at $342,000 after purchasing an additional 16 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on ASML shares. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. New Street Research upgraded ASML from a "neutral" rating to a "buy" rating in a research note on Thursday, July 24th. Wells Fargo & Company upped their price objective on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Arete Research upgraded ASML to a "strong-buy" rating in a research note on Friday, September 12th. Finally, JPMorgan Chase & Co. restated a "buy" rating on shares of ASML in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $923.80.

ASML Stock Performance

NASDAQ:ASML opened at $878.42 on Wednesday. The business's 50-day moving average price is $753.10 and its two-hundred day moving average price is $730.80. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $881.46. The stock has a market cap of $345.59 billion, a P/E ratio of 36.66, a PEG ratio of 1.96 and a beta of 1.80. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). The firm had revenue of $8.94 billion for the quarter, compared to analysts' expectations 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 period in the prior year, the business posted $4.01 earnings per share. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were issued a dividend of $1.856 per share. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $7.42 dividend on an annualized basis and a dividend yield of 0.8%. This is a positive change from ASML's previous quarterly dividend of $1.64. ASML's payout ratio is 26.21%.

About ASML

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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