PNC Financial Services Group Inc. Reduces Stock Holdings in ASML Holding N.V. $ASML

PNC Financial Services Group Inc. lessened its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 14.0% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 40,321 shares of the semiconductor company’s stock after selling 6,589 shares during the period. PNC Financial Services Group Inc.’s holdings in ASML were worth $53,257,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in ASML. Cornerstone Financial Management LLC purchased a new stake in shares of ASML in the fourth quarter valued at about $26,000. Binnacle Investments Inc increased its stake in shares of ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares in the last quarter. Resources Management Corp CT ADV increased its stake in shares of ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 23 shares in the last quarter. North Star Investment Management Corp. raised its position in shares of ASML by 68.8% during the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares during the last quarter. Finally, Jessup Wealth Management Inc acquired a new position in shares of ASML during the 4th quarter worth approximately $30,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML’s latest quarterly results came in well above expectations, with stronger revenue, margin expansion, and a rebound in free cash flow, driven by higher lithography machine sales and pricing power. The company also lifted 2026 revenue guidance to €43 billion–€45 billion, reinforcing optimism around AI-driven demand. ASML: Surging AI CapEx A Catalyst
• Positive Sentiment: Analysts and recent commentary continue to highlight ASML’s EUV leadership and next-generation High-NA tools as key long-term growth drivers, with AI spending expected to boost demand for advanced chips and the equipment needed to make them. ASML Holdings’ EUV Leadership Strengthens Long-Term Growth
• Positive Sentiment: Broader semiconductor sentiment is also helping, as chip ETFs have surged this year and investors are watching Intel’s earnings as a possible read-through for the sector. Strength in the chip group tends to support ASML because its tools are essential to advanced semiconductor production. Semiconductor ETFs Surge Ahead of Intel Earnings
• Neutral Sentiment: Several articles note that ASML remains a heavily followed stock, with Wall Street generally rating it a Buy. These pieces are more commentary than new information, but they reflect continued investor attention. Is Trending Stock ASML Holding N.V. (ASML) a Buy Now?
• Neutral Sentiment: Some coverage also cautions that ASML’s premium valuation, China restrictions, and customer timing risks could limit upside even though the long-term AI demand case remains strong. ASML Owns AI’s Critical Bottleneck. Is the Stock Worth the Price?

ASML Stock Up 0.1%

ASML stock opened at $1,803.00 on Friday. The company has a 50 day moving average price of $1,749.84 and a two-hundred day moving average price of $1,522.98. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. The stock has a market capitalization of $709.08 billion, a P/E ratio of 56.10, a PEG ratio of 0.92 and a beta of 1.78. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,999.96.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The company had revenue of $10.64 billion for the quarter. As a group, sell-side analysts expect that ASML Holding N.V. will post 43.6 EPS for the current year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th will be given a dividend of $2.1507 per share. The ex-dividend date is Tuesday, July 28th. This represents a $8.60 annualized dividend and a yield of 0.5%. ASML’s dividend payout ratio is 33.51%.

Analysts Set New Price Targets

A number of brokerages have commented on ASML. Sanford C. Bernstein increased their target price on ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a report on Monday, June 1st. UBS Group restated a “buy” rating on shares of ASML in a research report on Wednesday, July 1st. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Friday, July 17th. Finally, Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 17th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,970.33.

ASML Company Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.