Thomasville National Bank grew its holdings in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 2.2% during the third quarter, Holdings Channel reports. The firm owned 42,046 shares of the semiconductor company’s stock after acquiring an additional 925 shares during the quarter. ASML comprises 2.6% of Thomasville National Bank’s portfolio, making the stock its 10th largest holding. Thomasville National Bank’s holdings in ASML were worth $40,704,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of the business. Princeton Global Asset Management LLC raised its stake in ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 20 shares during the period. Binnacle Investments Inc raised its position 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 during the period. Pin Oak Investment Advisors Inc. bought a new stake in shares of ASML in the 2nd quarter worth approximately $30,000. Washington Trust Advisors Inc. boosted its position in ASML by 129.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 22 shares during the period. Finally, Maseco LLP bought a new position in ASML during the 2nd quarter worth $32,000. 26.07% of the stock is currently owned by institutional investors.
ASML Trading Up 1.9%
ASML stock opened at $1,055.98 on Friday. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,141.72. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The stock has a market capitalization of $415.29 billion, a PE ratio of 42.98, a price-to-earnings-growth ratio of 1.64 and a beta of 1.87. The firm has a 50 day simple moving average of $1,046.35 and a 200-day simple moving average of $887.60.
ASML Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were given a $1.857 dividend. This represents a $7.43 annualized dividend and a yield of 0.7%. This is a boost from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is presently 25.80%.
More ASML News
Here are the key news stories impacting ASML this week:
- Positive Sentiment: Analysts and commentators argue ASML’s market dominance and high barriers to entry remain intact, helping defend pricing and long-term margins. ASML’s Market Dominance Remains Unshaken by Workaround Attempts
- Positive Sentiment: Bloomberg profiles ASML’s rising public role and geopolitical importance, which can strengthen its negotiating position with customers and governments. Europe’s Indispensable Chipmaking Company Finds Its Voice
- Positive Sentiment: Intel installed the industry’s first commercial High-NA EUV tool (ASML Twinscan EXE:5200B), signaling early customer adoption of ASML’s highest-end systems — a direct revenue and backlog catalyst if others follow. Intel installs industry’s first commercial High-NA EUV lithography tool
- Positive Sentiment: Industry analysis notes that greater EUV adoption in logic and DRAM should lift ASML’s ASPs and services mix over time, supporting margins. Will EUV Adoption in Logic and DRAM Lift ASML’s Margins Over Time?
- Positive Sentiment: ASML shares recently outperformed the broader market, reflecting investor optimism about demand and durable competitive advantages. ASML (ASML) Outperforms Broader Market
- Neutral Sentiment: Barclays issued a “Neutral” rating — a reminder that some sell-side views expect more moderation in shares despite the long-term story. ASML Earns “Neutral” Rating from Barclays
- Neutral Sentiment: Elevated investor search interest signals attention but not a directional catalyst by itself. Investors Heavily Search ASML
- Negative Sentiment: Multiple reports claim Chinese teams have reverse-engineered or built prototype EUV/EUV-like machines and upgraded older ASML tools to boost AI-chip production — a direct threat to ASML’s long-term exclusivity and to export-control effectiveness. China reverse-engineers the most advanced chip-making machine
- Negative Sentiment: Coverage details Chinese workarounds — upgrading legacy ASML kits and using ex-ASML engineers to create domestic prototypes — which could reduce future demand for ASML systems in that market and pressure geopolitical tensions. China upgrades ASML kit to get around US controls
- Negative Sentiment: Financial Times and other outlets report China boosting AI-chip output by retrofitting older ASML machines — a nearer-term challenge to ASML’s addressable market in China. China boosts AI chip output by upgrading older ASML machines
- Negative Sentiment: Deep dives describe a secret “Manhattan Project” effort in China to build EUV-capable systems, and multiple outlets cite prototypes assembled by former ASML employees — a structural IP and geopolitical risk. Inside China’s ‘Manhattan Project’: China Moves Closer to Chip Self-Reliance
- Negative Sentiment: Further reporting on prototypes and ex-ASML engineers highlights enforcement and export-control limits, raising uncertainty about ASML’s China exposure over time. China reportedly has a prototype EUV machine built by ex-ASML employees
Analyst Upgrades and Downgrades
ASML has been the topic of a number of recent research reports. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research note on Thursday, October 16th. Weiss Ratings upgraded shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research note on Monday, October 13th. Redburn Partners set a $1,200.00 price objective on ASML in a research report on Friday, November 7th. Finally, Morningstar downgraded ASML to a “hold” rating in a research note on Thursday, September 18th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average price target of $1,171.83.
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.
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