ASML (NASDAQ:ASML) Trading 1.2% Higher Following Analyst Upgrade

ASML Holding N.V. (NASDAQ:ASML) shares shot up 1.2% on Monday after Mizuho upgraded the stock from a neutral rating to an outperform rating. The stock traded as high as $972.07 and last traded at $962.61. 1,195,921 shares changed hands during mid-day trading, a decline of 30% from the average session volume of 1,704,465 shares. The stock had previously closed at $951.52.

Several other research analysts have also commented on the company. DZ Bank reissued a “neutral” rating on shares of ASML in a research report on Thursday, September 25th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research note on Tuesday, September 16th. Sanford C. Bernstein initiated coverage on shares of ASML in a report on Tuesday, June 17th. They issued a “market perform” rating and a $806.00 target price for the company. UBS Group upgraded shares of ASML from a “neutral” rating to a “buy” rating in a report on Friday, September 5th. Finally, Arete Research raised shares of ASML to a “strong-buy” rating in a research report on Friday, September 12th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $923.80.

Institutional Trading of ASML

Institutional investors have recently bought and sold shares of the stock. Princeton Global Asset Management LLC grew its holdings in shares of ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 20 shares during the last quarter. Binnacle Investments Inc grew its stake in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares during the last quarter. Pin Oak Investment Advisors Inc. acquired a new position in shares of ASML in the second quarter valued at about $30,000. Putney Financial Group LLC raised its stake in shares of 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 purchasing an additional 29 shares during the last quarter. Finally, Washington Trust Advisors Inc. lifted its holdings in shares of ASML by 129.4% during the second quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 22 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Trading Up 1.2%

The stock has a 50-day moving average of $782.64 and a 200 day moving average of $745.59. 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 has a market cap of $378.71 billion, a PE ratio of 40.18, a price-to-earnings-growth ratio of 1.61 and a beta of 1.80.

ASML (NASDAQ:ASML) last posted its quarterly earnings results 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). The business had revenue of $8.94 billion for the quarter, compared to analysts’ expectations of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.The business’s quarterly revenue was up 23.2% compared to the same quarter last year. During the same period in the prior year, the business posted $4.01 earnings per share. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders 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 represents a $7.42 annualized dividend and a yield of 0.8%. This is an increase from ASML’s previous quarterly dividend of $1.64. ASML’s payout ratio is 26.21%.

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.