Smith Salley Wealth Management Grows Position in ASML Holding N.V. $ASML

Key Points

• Smith Salley Wealth Management increased its stake in ASML Holding N.V. by 3.4%, owning 29,813 shares valued at approximately $23.89 million.
• ASML recently declared a quarterly dividend of $1.856, up from its previous $1.64, reflecting a healthy annualized yield of 0.8%.
• The company's latest earnings report showed a missing EPS estimate of $4.55 against a consensus of $5.94, but revenue increased by 23.2% year-over-year, totaling $8.94 billion.

Smith Salley Wealth Management raised its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 3.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,813 shares of the semiconductor company's stock after acquiring an additional 983 shares during the period. ASML comprises approximately 1.4% of Smith Salley Wealth Management's portfolio, making the stock its 21st biggest holding. Smith Salley Wealth Management's holdings in ASML were worth $23,892,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of ASML. Putney Financial Group LLC lifted its position in 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 purchasing an additional 29 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in ASML in the 1st quarter valued at about $27,000. Maseco LLP purchased a new position in ASML in the second quarter valued at approximately $32,000. Knuff & Co LLC purchased a new stake in shares of ASML during the 1st quarter worth $33,000. Finally, Wayfinding Financial LLC purchased a new position in shares of ASML during the 1st quarter worth about $35,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

NASDAQ ASML opened at $951.52 on Friday. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $977.48. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. The company has a 50 day simple moving average of $777.78 and a 200-day simple moving average of $743.51. The firm has a market capitalization of $374.35 billion, a price-to-earnings ratio of 39.71, a price-to-earnings-growth ratio of 1.61 and a beta of 1.80.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS 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 firm had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.72 billion. During the same quarter in the previous year, the firm posted $4.01 EPS. The company's revenue was up 23.2% on a year-over-year basis. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were issued a $1.856 dividend. The ex-dividend date 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 0.8%. ASML's dividend payout ratio (DPR) is presently 26.21%.

Analysts Set New Price Targets

Several brokerages recently commented on ASML. JPMorgan Chase & Co. reissued a "buy" rating on shares of ASML in a research note on Tuesday, September 16th. New Street Research raised ASML from a "neutral" rating to a "buy" rating in a research note on Thursday, July 24th. Sanford C. Bernstein assumed coverage on ASML in a research note on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price objective for the company. Erste Group Bank raised ASML from a "hold" rating to a "buy" rating in a research report on Monday, September 22nd. Finally, Morningstar downgraded shares of ASML to a "hold" rating in a report on Thursday, September 18th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $923.80.

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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