Price T Rowe Associates Inc. MD Has $1.75 Billion Holdings in ASML Holding N.V. $ASML

Key Points

• Price T Rowe Associates Inc. MD reduced its stake in ASML Holding N.V. by 9.7%, holding 2,635,326 shares valued at approximately $1.75 billion.
• Despite a quarterly revenue increase of 23.2% year-over-year, ASML reported earnings per share of $4.55, which fell short of the consensus estimate of $5.94.
• ASML declared a quarterly dividend increase to $1.856 per share, with an annualized rate of $7.42, yielding 1.0% based on current stock prices.

Price T Rowe Associates Inc. MD cut its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 9.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,635,326 shares of the semiconductor company's stock after selling 283,545 shares during the period. Price T Rowe Associates Inc. MD owned about 0.67% of ASML worth $1,746,247,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ASML. Putney Financial Group LLC lifted its holdings 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 worth $25,000 after purchasing an additional 29 shares during the period. Banque Cantonale Vaudoise bought a new position in ASML during the 1st quarter worth $27,000. Knuff & Co LLC acquired a new position in ASML during the 1st quarter worth about $33,000. Wayfinding Financial LLC bought a new stake in shares of ASML in the 1st quarter valued at about $35,000. Finally, Pinnacle Bancorp Inc. acquired a new stake in shares of ASML in the first quarter valued at about $42,000. 26.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on ASML shares. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Wells Fargo & Company raised their price target on shares of ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Erste Group Bank restated a "hold" rating on shares of ASML in a research report on Wednesday, July 23rd. New Street Research upgraded shares of ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. Finally, Barclays reissued an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $923.80.

ASML Stock Up 2.7%

NASDAQ:ASML traded up $19.49 during trading hours on Friday, reaching $754.89. The company had a trading volume of 1,453,889 shares, compared to its average volume of 1,572,704. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $922.13. 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 firm has a market cap of $296.99 billion, a price-to-earnings ratio of 31.51, a P/E/G ratio of 1.49 and a beta of 1.76. The business's 50-day simple moving average is $754.78 and its two-hundred day simple moving average is $726.03.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data 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). ASML had a return on equity of 49.47% and a net margin of 26.95%.The company had revenue of $8.94 billion for the quarter, compared to the consensus estimate of $8.72 billion. During the same period last year, the company earned $4.01 EPS. ASML'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, equities analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were given a dividend of $1.856 per share. 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. This represents a $7.42 dividend on an annualized basis and a dividend yield of 1.0%. ASML's payout ratio is currently 26.17%.

About ASML

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.