Howe & Rusling Inc. Grows Position in ASML Holding N.V. $ASML

Key Points

• Howe & Rusling Inc. significantly increased its stake in ASML Holding N.V. by 48.2%, acquiring a total of 7,507 shares valued at approximately $4.98 million.
• Several hedge funds, including Putney Financial Group and Banque Cantonale Vaudoise, have also boosted their holdings in ASML, reflecting growing institutional interest in the semiconductor company.
• ASML recently raised its quarterly dividend to $1.856 per share, representing a positive change from the previous amount and indicating robust financial health.

Howe & Rusling Inc. raised its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 48.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,507 shares of the semiconductor company's stock after buying an additional 2,440 shares during the quarter. Howe & Rusling Inc.'s holdings in ASML were worth $4,975,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Putney Financial Group LLC lifted its position in shares of ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after buying an additional 29 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in shares of ASML during the first quarter valued at about $27,000. Knuff & Co LLC purchased a new stake in shares of ASML during the first quarter valued at about $33,000. Wayfinding Financial LLC acquired a new position in shares of ASML during the first quarter valued at about $35,000. Finally, Pinnacle Bancorp Inc. acquired a new position in shares of ASML during the first quarter valued at about $42,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ASML shares. New Street Research upgraded shares of ASML from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th. DZ Bank downgraded shares of ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. Jefferies Financial Group downgraded shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Sanford C. Bernstein started coverage on shares of ASML in a report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price objective on the stock. Finally, Barclays restated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $923.80.

ASML Price Performance

Shares of NASDAQ:ASML opened at $804.16 on Friday. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $873.65. The company's 50 day moving average is $749.37 and its 200 day moving average is $728.00. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The company has a market cap of $316.37 billion, a PE ratio of 33.56, a price-to-earnings-growth ratio of 1.79 and a beta of 1.80.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 EPS 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 analyst estimates of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.ASML's revenue for the quarter was up 23.2% compared to the same quarter last year. During the same period in the previous year, the business earned $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were paid a dividend of $1.856 per share. This represents a $7.42 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, July 29th. This is a positive change from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio is 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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