Cidel Asset Management Inc. Grows Position in ASML Holding N.V. $ASML

Key Points

• Cidel Asset Management increased its ASML position by 24.7% in the second quarter, holding 12,811 shares worth approximately $25.5 million. Institutional investors collectively own 26.07% of ASML.
• ASML reported quarterly EPS of $8.65 on $10.62 billion in revenue, with a 30.11% net margin and 52.71% return on equity. The company paid a quarterly dividend of $2.1507, representing a 0.5% annualized yield.
• Demand for ASML’s High-NA EUV technology is strengthening as TSMC, Samsung and Intel expand adoption for advanced AI-related chip production. Analysts maintain a “Moderate Buy” consensus with a $1,970.33 average price target, though the stock’s high valuation and semiconductor-cycle volatility remain risks.

Cidel Asset Management Inc. lifted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 24.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,811 shares of the semiconductor company's stock after purchasing an additional 2,534 shares during the quarter. ASML accounts for approximately 1.2% of Cidel Asset Management Inc.'s portfolio, making the stock its 22nd largest position. Cidel Asset Management Inc.'s holdings in ASML were worth $25,487,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Fisher Asset Management LLC grew its stake in ASML by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company's stock worth $4,798,268,000 after buying an additional 132,353 shares in the last quarter. Van ECK Associates Corp raised its position in shares of ASML by 31.7% during the 2nd quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company's stock valued at $4,892,869,000 after buying an additional 592,125 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of ASML by 6.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company's stock valued at $2,168,227,000 after buying an additional 96,860 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of ASML by 1.2% during the 1st quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company's stock worth $2,060,833,000 after acquiring an additional 19,051 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of ASML by 14.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company's stock worth $1,633,046,000 after acquiring an additional 193,068 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Performance

ASML stock opened at $1,764.85 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $694.09 billion, a PE ratio of 54.91, a P/E/G ratio of 0.85 and a beta of 1.79. The firm has a fifty day simple moving average of $1,743.15 and a two-hundred day simple moving average of $1,606.36. ASML Holding N.V. has a twelve month low of $791.02 and a twelve month high of $1,999.96.

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

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were paid a $2.1507 dividend. This represents a $8.60 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML's payout ratio is 22.59%.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Major customers are adopting ASML’s next-generation tools. TSMC and Samsung committed to using ASML’s High-NA EUV systems for advanced logic and DRAM production, with Samsung targeting 2028 deployment and TSMC expecting adoption in 2030. Intel also expanded its High-NA collaboration with ASML. TSMC, Samsung commit to ASML's newest chipmaking tools as AI drives demand
• Positive Sentiment: AI-driven chip complexity is increasing demand for ASML equipment. ASML is working with customers to adapt its tools for larger data-center chips, including processors designed for Nvidia-based AI infrastructure. This could support long-term sales of the company’s expensive EUV systems. ASML to work with major chipmakers to use latest tools for larger chips
• Positive Sentiment: ASML and TSMC are advancing larger photomasks. Their initiative targets a 12-inch mask pilot line by 2031 and broader production readiness by 2033, potentially improving High-NA EUV efficiency and lowering chipmaking costs over time. ASML and TSMC Announce Initiative to Pioneer Industry Transition to Large-Format Photomasks for High NA EUV
• Positive Sentiment: Intel’s production milestone validates High-NA EUV technology. Intel reportedly processed more than one million wafers using High-NA equipment, supporting confidence that ASML’s systems can move from development into commercial production. ASML also began construction of a new Netherlands manufacturing campus to meet AI-related demand. ASML breaks ground on new manufacturing facilities in major expansion
• Neutral Sentiment: Risks remain. ASML is expanding capacity ahead of potentially uneven customer spending, while its roughly $1,765 share price, market capitalization near $694 billion, and P/E ratio near 55 leave limited room for execution disappointments. The company’s ongoing share buyback provides support but is unlikely to outweigh broader semiconductor-cycle volatility.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. JPMorgan Chase & Co. increased their target price on ASML from $2,200.00 to $2,400.00 and gave the company an "overweight" rating in a research note on Thursday, July 16th. Jefferies Financial Group reiterated a "neutral" rating on shares of ASML in a report on Monday, June 1st. Argus set a $2,100.00 price objective on ASML in a research report on Thursday, July 16th. Wells Fargo & Company raised their price objective on ASML from $2,200.00 to $2,500.00 and gave the company an "overweight" rating in a report on Thursday, July 16th. Finally, Morgan Stanley restated an "overweight" rating on shares of ASML in a research report on Tuesday, July 7th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,970.33.

ASML Company Profile

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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