North Point Portfolio Managers Corp OH Sells 391 Shares of ASML Holding N.V. $ASML

North Point Portfolio Managers Corp OH reduced its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 2.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,023 shares of the semiconductor company’s stock after selling 391 shares during the period. ASML accounts for 5.3% of North Point Portfolio Managers Corp OH’s investment portfolio, making the stock its 2nd biggest holding. North Point Portfolio Managers Corp OH’s holdings in ASML were worth $29,028,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Van ECK Associates Corp boosted its position in ASML by 31.7% during the second quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock valued at $4,892,869,000 after purchasing an additional 592,125 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in ASML by 6.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock worth $2,168,227,000 after purchasing an additional 96,860 shares during the last quarter. Bank of America Corp DE raised its stake in shares of ASML by 1.2% during the 1st quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company’s stock worth $2,060,833,000 after purchasing an additional 19,051 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of ASML by 4.9% during the 2nd quarter. BlackRock Inc. now owns 1,282,190 shares of the semiconductor company’s stock valued at $2,550,840,000 after buying an additional 59,888 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of ASML by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,033,583 shares of the semiconductor company’s stock valued at $1,364,963,000 after buying an additional 18,768 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on ASML shares. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a report on Thursday, June 11th. Sanford C. Bernstein boosted their target price on shares of ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Susquehanna restated a “positive” rating on shares of ASML in a research note on Tuesday, June 30th. Zacks Research downgraded shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Finally, Barclays reaffirmed an “overweight” rating on shares of ASML in a research note on Thursday, July 16th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average target price of $1,981.44.

ASML News Roundup

Here are the key news stories impacting ASML this week:

• Positive Sentiment: J.P. Morgan expects ASML to provide a stronger-than-expected 2027 demand outlook, potentially exceeding current consensus estimates. The view suggests sustained orders for advanced chipmaking equipment despite recent concerns about AI infrastructure spending. ASML could signal stronger-than-expected 2027 outlook, JP Morgan says
• Positive Sentiment: Analysts remain constructive ahead of earnings, citing ASML’s EUV technology leadership, capacity roadmap and effective monopoly in the most advanced chipmaking machines. One bullish view raised its price target to $2,190 and expects results to support full-year sales guidance of €43 billion to €45 billion and margins of 54% to 56%. ASML: Buy Before Earnings As The Growth Runway Extends
• Positive Sentiment: AI-related chip demand and collaborations, including with Samsung, continue to support expectations for ASML’s advanced technologies. Its unique position as the leading supplier of EUV equipment remains the company’s primary competitive advantage. Can Rising AI Demand Drive Growth for ASML’s Advanced Technologies?
• Neutral Sentiment: ASML’s third-quarter earnings release is the immediate focus for investors, with results expected to clarify the timing of a heavily backloaded shipment ramp and the strength of 2027 bookings. ASML Set to Release Quarterly Earnings
• Negative Sentiment: Investors remain concerned that a slowdown in AI infrastructure spending, increased Chinese competition in DUV equipment and the shift toward higher-NA systems could raise execution risks and pressure near-term sentiment. The high valuation leaves less room for disappointment. ASML Stock Slips as High-NA Mask Shift Raises Execution Stakes

ASML Stock Performance

ASML stock traded down $24.74 during trading hours on Wednesday, reaching $1,809.36. 771,831 shares of the company were exchanged, compared to its average volume of 1,751,926. The firm has a market cap of $711.58 billion, a price-to-earnings ratio of 56.21, a PEG ratio of 0.94 and a beta of 1.77. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. The stock has a 50-day moving average of $1,729.86 and a 200 day moving average of $1,652.19. ASML Holding N.V. has a 12 month low of $935.41 and a 12 month high of $1,999.96.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The company had revenue of $10.62 billion for the quarter. As a group, research analysts anticipate that ASML Holding N.V. will post 43.86 earnings per share for the current year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were issued a $2.1507 dividend. This is a drop from ASML’s previous quarterly dividend of $3.1771. The ex-dividend date was Tuesday, July 28th. This represents a $8.60 annualized dividend and a yield of 0.5%. ASML’s payout ratio is 22.62%.

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment projects patterns onto silicon wafers, enabling the creation of increasingly smaller and more powerful semiconductor features.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems, and related metrology and inspection solutions.