The Manufacturers Life Insurance Company Increases Holdings in ASML Holding N.V. $ASML

The Manufacturers Life Insurance Company lifted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 63.4% during the first quarter, HoldingsChannel reports. The firm owned 46,731 shares of the semiconductor company’s stock after purchasing an additional 18,127 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in ASML were worth $61,712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in ASML. Fisher Asset Management LLC raised its position in ASML by 3.0% in the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after acquiring an additional 132,353 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of ASML by 6.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock valued at $2,168,227,000 after acquiring an additional 96,860 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of ASML by 14.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after acquiring an additional 193,068 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of ASML by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,033,583 shares of the semiconductor company’s stock worth $1,364,963,000 after purchasing an additional 18,768 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of ASML by 15.2% during the 4th quarter. Invesco Ltd. now owns 978,922 shares of the semiconductor company’s stock worth $1,047,309,000 after purchasing an additional 129,320 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bank of America described the selloff as an overreaction, arguing that China’s emerging immersion DUV equipment poses limited near-term financial risk. ASML retains a monopoly in the more advanced EUV market, which is essential for leading-edge AI and smartphone chips. Bank of America sees ASML as resilient amid China concerns
• Positive Sentiment: Recent coverage continues to highlight strong structural demand for ASML’s systems as chipmakers expand AI, advanced-logic and memory production. Its high-end lithography tools are viewed as critical infrastructure for the AI semiconductor boom. Explainer: The ASML printers key for the AI chip boom
• Neutral Sentiment: Technical analysts say ASML is testing major support after a substantial advance. Holding that zone could support a renewed bullish trend, while a breakdown would raise the risk of a deeper pullback. ASML price forecast and support analysis
• Negative Sentiment: Reports that a Chinese state-backed company has begun mass production of immersion DUV lithography machines triggered concern that domestic alternatives could eventually reduce ASML’s sales in China, an important market for its less-advanced DUV systems. Export restrictions already threaten that business. China starts production of home-grown immersion DUV tools
• Negative Sentiment: Valuation concerns are adding to the pressure: ASML has gained 124.3% over the past year and trades at roughly 48 times earnings, leading investors to question whether AI-related demand and future growth are already reflected in the share price. Has ASML priced in too much AI demand?

ASML Stock Down 2.0%

ASML stock opened at $1,550.69 on Thursday. The firm has a 50 day simple moving average of $1,761.09 and a 200 day simple moving average of $1,534.62. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,999.96. The firm has a market capitalization of $609.86 billion, a price-to-earnings ratio of 48.25, a P/E/G ratio of 0.81 and a beta of 1.78.

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

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th will be issued a dividend of $2.1507 per share. This represents a $8.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, July 28th. ASML’s payout ratio is presently 22.74%.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. JPMorgan Chase & Co. upped their price objective on ASML from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Morningstar downgraded ASML to a “sell” rating in a research report on Wednesday, May 27th. Wall Street Zen upgraded ASML from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research note on Tuesday, July 7th. Finally, Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average 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.