Adage Capital Partners GP L.L.C. Lowers Holdings in ASML Holding N.V. $ASML

Key Points

• Adage Capital Partners GP L.L.C. reduced its stake in ASML Holding N.V. by 27.3%, now owning 20,000 shares worth approximately $13.25 million after selling 7,500 shares in Q1.
• The consensus rating for ASML stock is "Moderate Buy," with an average target price of $923.80 based on ratings from various analysts.
• ASML announced a quarterly dividend of $1.856 per share, increasing from its previous dividend of $1.64, which reflects a dividend yield of 0.9%.

Adage Capital Partners GP L.L.C. reduced its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 27.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,000 shares of the semiconductor company's stock after selling 7,500 shares during the quarter. Adage Capital Partners GP L.L.C.'s holdings in ASML were worth $13,253,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Putney Financial Group LLC lifted its stake in ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 29 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in ASML in the 1st quarter valued at about $27,000. Knuff & Co LLC acquired a new position in shares of ASML in the 1st quarter valued at $33,000. Wayfinding Financial LLC acquired a new stake in shares of ASML in the first quarter worth about $35,000. Finally, Pinnacle Bancorp Inc. acquired a new stake in shares of ASML during the 1st quarter valued at about $42,000. Hedge funds and other institutional investors own 26.07% of the company's stock.

Wall Street Analyst Weigh In

ASML has been the topic of a number of analyst reports. Citigroup reiterated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. DZ Bank downgraded ASML from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 16th. UBS Group upgraded ASML from a "neutral" rating to a "buy" rating in a report on Friday. Finally, Sanford C. Bernstein assumed coverage on shares of ASML in a report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Stock Performance

Shares of ASML stock traded up $15.56 during mid-day trading on Monday, reaching $797.26. The stock had a trading volume of 938,211 shares, compared to its average volume of 1,703,483. ASML Holding N.V. has a one year low of $578.51 and a one year high of $873.65. The firm's 50 day simple moving average is $749.11 and its 200 day simple moving average is $726.11. The firm has a market cap of $313.66 billion, a PE ratio of 33.27, a P/E/G ratio of 1.76 and a beta of 1.80. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data 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 during 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%. ASML's quarterly revenue was up 23.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were issued a $1.856 dividend. This represents a $7.42 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, July 29th. This is a positive change from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio is 26.21%.

ASML 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.