Patriot Financial Group Insurance Agency LLC Buys New Position in ASML Holding N.V. $ASML

Key Points

• Patriot Financial Group Insurance Agency LLC acquired a new position in ASML Holding N.V., purchasing 462 shares valued at approximately $370,000 in the second quarter.
• ASML has experienced strong institutional interest, with multiple hedge funds, including T. Rowe Price and Goldman Sachs, significantly increasing their stakes in the company during the first quarter.
• Wall Street analysts have favorable sentiments towards ASML, with a consensus rating of "Moderate Buy" and a price target of $923.80, reflecting optimism about the company's growth potential.

Patriot Financial Group Insurance Agency LLC bought a new stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 462 shares of the semiconductor company's stock, valued at approximately $370,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ASML. T. Rowe Price Investment Management Inc. purchased a new position in ASML during the 1st quarter valued at about $360,262,000. Invesco Ltd. boosted its holdings in ASML by 101.0% during the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock valued at $484,562,000 after acquiring an additional 367,505 shares during the period. Amundi boosted its holdings in ASML by 91.6% during the 1st quarter. Amundi now owns 642,498 shares of the semiconductor company's stock valued at $403,215,000 after acquiring an additional 307,214 shares during the period. First Manhattan CO. LLC. boosted its stake in shares of ASML by 61.0% in the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company's stock valued at $469,183,000 after buying an additional 268,172 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in shares of ASML by 26.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company's stock valued at $631,079,000 after buying an additional 199,740 shares during the period. 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 recent research reports. Arete Research upgraded ASML to a "strong-buy" rating in a research note on Friday, September 12th. Weiss Ratings reiterated a "hold (c+)" rating on shares of ASML in a research note on Saturday, September 27th. Erste Group Bank upgraded ASML from a "hold" rating to a "buy" rating in a research note on Monday, September 22nd. Mizuho upgraded ASML from a "neutral" rating to an "outperform" rating in a research note on Monday, September 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of ASML in a research note on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $923.80.

ASML Trading Up 0.2%

ASML opened at $1,032.22 on Friday. The firm has a market cap of $406.10 billion, a price-to-earnings ratio of 43.08, a price-to-earnings-growth ratio of 1.74 and a beta of 1.87. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,040.23. The business's 50 day moving average is $806.14 and its two-hundred day moving average is $753.18. 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 earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing the consensus estimate of $5.94 by ($1.39). ASML had a net margin of 26.95% and a return on equity of 49.47%. The company had revenue of $8.94 billion during the quarter, compared to analysts' expectations of $8.72 billion. During the same quarter last year, the business posted $4.01 earnings per share. The company's revenue for the quarter was up 23.2% compared to the same quarter last year. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts predict that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were paid a $1.856 dividend. This is an increase from ASML's previous quarterly dividend of $1.64. The ex-dividend date was Tuesday, July 29th. This represents a $7.42 annualized dividend and a dividend yield of 0.7%. ASML's dividend payout ratio (DPR) is 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.

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