Ameriprise Financial Inc. Trims Position in ASML Holding N.V. $ASML

Key Points

• Ameriprise Financial Inc. has reduced its stake in ASML Holding N.V. by 3.7%, owning 259,417 shares valued at approximately $171.89 million after selling 9,931 shares in the first quarter.
• ASML recently raised its quarterly dividend from $1.64 to $1.856 per share, with an annualized yield of 1.0% and a payout ratio of 26.21%.
• Wall Street analysts are optimistic on ASML, with a consensus rating of "Moderate Buy" and an average price target of $923.80, reflecting confidence in the company's performance.

Ameriprise Financial Inc. cut its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 3.7% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 259,417 shares of the semiconductor company's stock after selling 9,931 shares during the period. Ameriprise Financial Inc. owned approximately 0.07% of ASML worth $171,890,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of ASML. GAMMA Investing LLC lifted its holdings in shares of ASML by 70,115.5% during the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after buying an additional 1,398,805 shares during the period. Goldman Sachs Group Inc. increased its holdings in ASML by 26.5% during the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company's stock valued at $631,079,000 after buying an additional 199,740 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in ASML by 0.8% during the first quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company's stock valued at $600,175,000 after buying an additional 7,164 shares during the last quarter. Invesco Ltd. increased its holdings in ASML by 101.0% during the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock valued at $484,562,000 after buying an additional 367,505 shares during the last quarter. Finally, Fayez Sarofim & Co increased its holdings in ASML by 2.7% during the first quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company's stock valued at $470,910,000 after buying an additional 18,516 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ASML has been the subject of a number of research reports. DZ Bank cut shares of ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. New Street Research upgraded shares of ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. Jefferies Financial Group lowered shares of ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Erste Group Bank reiterated a "hold" rating on shares of ASML in a research report on Wednesday, July 23rd. Finally, Sanford C. Bernstein assumed coverage on shares of ASML in a research report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $923.80.

ASML Price Performance

ASML stock traded up $6.59 during trading on Wednesday, hitting $769.79. 900,144 shares of the company's stock traded hands, compared to its average volume of 1,714,807. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $914.53. The stock has a market capitalization of $302.85 billion, a price-to-earnings ratio of 32.12, a P/E/G ratio of 1.53 and a beta of 1.76. 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 business has a fifty day simple moving average of $754.43 and a 200 day simple moving average of $726.27.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing the consensus estimate of $5.94 by ($1.39). ASML had a net margin of 26.95% and a return on equity of 49.47%. The firm had revenue of $8.94 billion during the quarter, compared to analysts' expectations of $8.72 billion. During the same period in the prior year, the company posted $4.01 EPS. The company's revenue was up 23.2% compared to the same quarter last year. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts expect 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 paid a $1.856 dividend. This is an increase from ASML's previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, July 29th. ASML's payout ratio is currently 26.21%.

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.