Eastern Bank Has $587,000 Position in ASML Holding N.V. $ASML

Eastern Bank lowered its stake in ASML Holding N.V. (NASDAQ:ASML) by 3.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 732 shares of the semiconductor company’s stock after selling 29 shares during the period. Eastern Bank’s holdings in ASML were worth $587,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Acadian Asset Management LLC boosted its stake in ASML by 97.6% in the first quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company’s stock valued at $101,978,000 after acquiring an additional 76,023 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its stake in ASML by 12.3% in the first quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company’s stock valued at $266,000 after acquiring an additional 44 shares during the last quarter. Strategic Planning Group LLC boosted its stake in ASML by 12.5% in the second quarter. Strategic Planning Group LLC now owns 6,552 shares of the semiconductor company’s stock valued at $5,251,000 after acquiring an additional 730 shares during the last quarter. Empowered Funds LLC boosted its stake in ASML by 5.0% in the first quarter. Empowered Funds LLC now owns 10,928 shares of the semiconductor company’s stock valued at $7,241,000 after acquiring an additional 519 shares during the last quarter. Finally, Gunderson Capital Management Inc. bought a new position in ASML in the second quarter valued at approximately $1,702,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Down 4.5%

Shares of NASDAQ:ASML opened at $936.19 on Friday. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,059.00. 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 company’s fifty day simple moving average is $834.05 and its 200 day simple moving average is $762.48. The firm has a market cap of $368.18 billion, a price-to-earnings ratio of 39.07, a PEG ratio of 1.58 and a beta of 1.87.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 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 analyst estimates of $8.72 billion. During the same quarter in the previous year, the business earned $4.01 earnings per share. 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. As a group, research analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were issued a dividend of $1.856 per share. 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 26.21%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research note on Tuesday, September 30th. New Street Research reissued a “neutral” rating on shares of ASML in a research report on Monday, October 6th. Sanford C. Bernstein reissued a “market perform” rating and set a $935.00 price target on shares of ASML in a research report on Thursday. Finally, JPMorgan Chase & Co. lifted their price target on shares of ASML from $957.00 to $1,175.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,001.60.

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.