Bowen Hanes & Co. Inc. Takes $28.82 Million Position in ASML Holding N.V. $ASML

Key Points

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Bowen Hanes & Co. Inc. purchased a new stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 43,500 shares of the semiconductor company's stock, valued at approximately $28,824,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. GAMMA Investing LLC raised 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 acquiring an additional 1,398,805 shares in the last quarter. Goldman Sachs Group Inc. raised 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 acquiring an additional 199,740 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of ASML by 0.8% during the first quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company's stock worth $600,175,000 after purchasing an additional 7,164 shares during the period. Invesco Ltd. raised its holdings in shares of ASML by 101.0% during the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock worth $484,562,000 after purchasing an additional 367,505 shares during the period. Finally, Fayez Sarofim & Co raised its holdings in shares of ASML by 2.7% during the first quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company's stock worth $470,910,000 after purchasing an additional 18,516 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have weighed in on ASML shares. DZ Bank cut shares of ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. New Street Research raised shares of ASML from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th. Jefferies Financial Group cut shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Finally, Wells Fargo & Company increased their target price on shares of ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat, ASML has a consensus rating of "Moderate Buy" and a consensus price target of $923.80.

ASML Price Performance

ASML traded up $19.49 on Friday, reaching $754.89. The company had a trading volume of 1,452,783 shares, compared to its average volume of 1,731,658. The company has a fifty day moving average of $754.90 and a 200-day moving average of $725.87. The company has a market capitalization of $296.99 billion, a P/E ratio of 31.51, a PEG ratio of 1.52 and a beta of 1.76. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a one year low of $578.51 and a one year high of $922.13.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results 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). 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%. The business's quarterly revenue was up 23.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were given a $1.856 dividend. The ex-dividend date was Tuesday, July 29th. 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. ASML's payout ratio is currently 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.