Cidel Asset Management Inc. Boosts Stock Position in ASML Holding N.V. $ASML

Cidel Asset Management Inc. increased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 24.7% during the 2nd quarter, Holdings Channel reports. The firm owned 12,811 shares of the semiconductor company’s stock after buying an additional 2,534 shares during the period. ASML makes up approximately 1.2% of Cidel Asset Management Inc.’s investment portfolio, making the stock its 22nd biggest position. Cidel Asset Management Inc.’s holdings in ASML were worth $25,487,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. NBH Bank bought a new position in ASML during the 2nd quarter valued at approximately $26,000. Field & Main Bank bought a new stake in shares of ASML in the 2nd quarter worth approximately $30,000. Tsfg LLC purchased a new position in shares of ASML during the second quarter valued at approximately $44,000. Cornerstone Financial Management LLC purchased a new position in shares of ASML during the fourth quarter valued at approximately $26,000. Finally, Portus Wealth Advisors LLC bought a new position in shares of ASML during the first quarter valued at approximately $32,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML stock opened at $1,764.85 on Wednesday. The business’s fifty day moving average is $1,743.15 and its 200 day moving average is $1,606.36. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09. The stock has a market cap of $694.09 billion, a price-to-earnings ratio of 54.91, a PEG ratio of 0.85 and a beta of 1.79. ASML Holding N.V. has a twelve month low of $791.02 and a twelve month high of $1,999.96.

ASML (NASDAQ:ASML) last announced its quarterly earnings data 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 business had revenue of $10.62 billion during the quarter. Research analysts expect that ASML Holding N.V. will post 44.99 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were given a dividend of $2.1507 per share. This represents a $8.60 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s dividend payout ratio (DPR) is 22.59%.

Key Headlines Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Major customers are adopting ASML’s next-generation tools. TSMC and Samsung committed to using ASML’s High-NA EUV systems for advanced logic and DRAM production, with Samsung targeting 2028 deployment and TSMC expecting adoption in 2030. Intel also expanded its High-NA collaboration with ASML. TSMC, Samsung commit to ASML’s newest chipmaking tools as AI drives demand
• Positive Sentiment: AI-driven chip complexity is increasing demand for ASML equipment. ASML is working with customers to adapt its tools for larger data-center chips, including processors designed for Nvidia-based AI infrastructure. This could support long-term sales of the company’s expensive EUV systems. ASML to work with major chipmakers to use latest tools for larger chips
• Positive Sentiment: ASML and TSMC are advancing larger photomasks. Their initiative targets a 12-inch mask pilot line by 2031 and broader production readiness by 2033, potentially improving High-NA EUV efficiency and lowering chipmaking costs over time. ASML and TSMC Announce Initiative to Pioneer Industry Transition to Large-Format Photomasks for High NA EUV
• Positive Sentiment: Intel’s production milestone validates High-NA EUV technology. Intel reportedly processed more than one million wafers using High-NA equipment, supporting confidence that ASML’s systems can move from development into commercial production. ASML also began construction of a new Netherlands manufacturing campus to meet AI-related demand. ASML breaks ground on new manufacturing facilities in major expansion
• Neutral Sentiment: Risks remain. ASML is expanding capacity ahead of potentially uneven customer spending, while its roughly $1,765 share price, market capitalization near $694 billion, and P/E ratio near 55 leave limited room for execution disappointments. The company’s ongoing share buyback provides support but is unlikely to outweigh broader semiconductor-cycle volatility.

Analyst Ratings Changes

A number of analysts recently commented on the company. Royal Bank Of Canada raised their price target on ASML from $1,700.00 to $2,000.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a report on Friday, July 10th. Wells Fargo & Company raised their target price on shares of ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Friday, July 17th. Finally, Weiss Ratings upgraded shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 17th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,970.33.

ASML Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment uses light to project intricate circuit patterns onto silicon wafers, an essential step in the production of chips for computers, smartphones, automobiles, data centers and other electronic devices.

The company’s product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems and advanced metrology and inspection technologies.