Northern Trust Corp Boosts Stock Position in ASML Holding N.V. $ASML

Key Points

• Northern Trust Corp increased its stake in ASML Holding N.V. by 3.4%, owning approximately 0.18% of the company, valued at $457.59 million as reported to the SEC.
• ASML's stock had mixed analyst ratings, with a current consensus rating of "Moderate Buy" and an average target price of $923.80, despite a recent disappointing earnings report.
• The company recently declared a quarterly dividend of $1.856 per share, reflecting an annualized yield of 1.0% and an increase from a prior dividend of $1.64.

Northern Trust Corp grew its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 3.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 690,566 shares of the semiconductor company's stock after purchasing an additional 22,541 shares during the period. Northern Trust Corp owned approximately 0.18% of ASML worth $457,590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Putney Financial Group LLC grew its position in ASML by 322.2% in the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 29 shares during the period. Banque Cantonale Vaudoise purchased a new position in ASML in the first quarter worth approximately $27,000. Knuff & Co LLC purchased a new position in ASML in the first quarter worth approximately $33,000. Wayfinding Financial LLC purchased a new position in ASML in the first quarter worth approximately $35,000. Finally, Pinnacle Bancorp Inc. purchased a new position in ASML in the first quarter worth approximately $42,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the subject of several analyst reports. Erste Group Bank reiterated a "hold" rating on shares of ASML in a research report on Wednesday, July 23rd. Wells Fargo & Company increased their price objective on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Barclays reiterated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Citigroup reiterated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Finally, Sanford C. Bernstein began coverage on ASML in a research report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, ASML presently has a consensus rating of "Moderate Buy" and an average target price of $923.80.

ASML Stock Down 0.5%

NASDAQ:ASML opened at $743.61 on Wednesday. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. The stock's fifty day moving average is $756.61 and its two-hundred day moving average is $725.68. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $945.05. The stock has a market capitalization of $292.55 billion, a price-to-earnings ratio of 31.04, a price-to-earnings-growth ratio of 1.52 and a beta of 1.76.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). ASML had a return on equity of 49.47% and a net margin of 26.95%.The firm had revenue of $8.94 billion for the quarter, compared to analyst estimates of $8.72 billion. During the same quarter last year, the company earned $4.01 earnings per share. The firm's revenue for the quarter was up 23.2% on a year-over-year basis. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders 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 yield of 1.0%. This is a positive change from ASML's previous quarterly dividend of $1.64. The ex-dividend date was Tuesday, July 29th. ASML's payout ratio is currently 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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