1832 Asset Management L.P. Grows Stock Position in ASML Holding N.V. $ASML

Key Points

• 1832 Asset Management L.P. increased its stake in ASML Holding N.V. by 219.3% in the first quarter, owning 3,404 shares worth approximately $2.26 million.
• ASML recently announced a quarterly dividend increase to $1.856 per share, representing an annualized dividend of $7.42 with a yield of 1.0%.
• Despite missing earnings estimates in its last quarter, ASML reported a revenue increase of 23.2% year-over-year, totaling $8.94 billion.

1832 Asset Management L.P. increased its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 219.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,404 shares of the semiconductor company's stock after acquiring an additional 2,338 shares during the quarter. 1832 Asset Management L.P.'s holdings in ASML were worth $2,256,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rossmore Private Capital increased its holdings in ASML by 0.3% in the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company's stock worth $2,880,000 after acquiring an additional 14 shares in the last quarter. Sage Mountain Advisors LLC increased its holdings in ASML by 2.6% in the 1st quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company's stock worth $399,000 after acquiring an additional 15 shares in the last quarter. Manchester Capital Management LLC increased its holdings in ASML by 15.2% in the 1st quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company's stock worth $76,000 after acquiring an additional 15 shares in the last quarter. Nilsine Partners LLC increased its holdings in ASML by 2.6% in the 1st quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock worth $418,000 after acquiring an additional 16 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its holdings in ASML by 3.2% in the 1st quarter. First Horizon Advisors Inc. now owns 516 shares of the semiconductor company's stock worth $342,000 after acquiring an additional 16 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Up 2.7%

NASDAQ ASML opened at $754.89 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. The company has a market capitalization of $296.99 billion, a P/E ratio of 31.51, a P/E/G ratio of 1.53 and a beta of 1.76. ASML Holding N.V. has a one year low of $578.51 and a one year high of $922.13. The stock has a 50 day moving average price of $754.78 and a 200-day moving average price of $725.83.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). The firm had revenue of $8.94 billion for the quarter, compared to the consensus estimate of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The firm's revenue was up 23.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.01 earnings per share. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were given a dividend of $1.856 per share. The ex-dividend date was Tuesday, July 29th. This represents a $7.42 dividend on an annualized basis and a dividend yield of 1.0%. This is an increase from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio is currently 26.21%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Jefferies Financial Group lowered shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Erste Group Bank reaffirmed a "hold" rating on shares of ASML in a report on Wednesday, July 23rd. DZ Bank lowered shares of ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. Wells Fargo & Company increased their price objective on shares of ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Finally, New Street Research raised shares of ASML from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, ASML currently has an average rating of "Moderate Buy" and a consensus price target of $923.80.

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.

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