Ascent Group LLC Trims Position in ASML Holding N.V. $ASML

Key Points

• Ascent Group LLC significantly reduced its stake in ASML Holding N.V. by 61.2%, owning 1,951 shares valued at approximately $1.56 million after selling 3,081 shares in the second quarter.
• Multiple hedge funds have increased their holdings in ASML, with Acadian Asset Management growing its stake by 97.6% in the first quarter, now owning over 153,000 shares worth about $102 million.
• ASML reported a year-over-year revenue increase of 23.2% in its latest quarterly earnings, although it missed earnings per share estimates by $1.39.

Ascent Group LLC decreased its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 61.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,951 shares of the semiconductor company's stock after selling 3,081 shares during the quarter. Ascent Group LLC's holdings in ASML were worth $1,564,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Acadian Asset Management LLC grew its stake in ASML by 97.6% in the first quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company's stock worth $101,978,000 after purchasing an additional 76,023 shares in the last quarter. Wealthcare Advisory Partners LLC increased its stake in shares of ASML by 12.3% during the first quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock valued at $266,000 after buying an additional 44 shares during the period. Strategic Planning Group LLC raised its holdings in shares of ASML by 12.5% in the second quarter. Strategic Planning Group LLC now owns 6,552 shares of the semiconductor company's stock valued at $5,251,000 after acquiring an additional 730 shares in the last quarter. Rhumbline Advisers lifted its stake in ASML by 12.7% in the first quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock worth $5,571,000 after acquiring an additional 947 shares during the period. Finally, Empowered Funds LLC grew its holdings in ASML by 5.0% during the 1st quarter. Empowered Funds LLC now owns 10,928 shares of the semiconductor company's stock worth $7,241,000 after acquiring an additional 519 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ASML. Morgan Stanley upgraded shares of ASML from an "equal weight" rating to an "overweight" rating in a report on Monday, September 22nd. JPMorgan Chase & Co. restated a "buy" rating on shares of ASML in a report on Tuesday, September 16th. Weiss Ratings reiterated a "hold (c+)" rating on shares of ASML in a report on Saturday, September 27th. Erste Group Bank raised ASML from a "hold" rating to a "buy" rating in a research report on Monday, September 22nd. Finally, Barclays reaffirmed an "overweight" rating on shares of ASML in a research report on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, ASML presently has a consensus rating of "Moderate Buy" and an average target price of $923.80.

ASML Stock Performance

ASML opened at $1,032.22 on Monday. The firm has a fifty day moving average price of $806.14 and a 200 day moving average price of $753.31. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,040.23. The stock has a market cap of $406.10 billion, a P/E ratio of 43.08, a P/E/G ratio of 1.74 and a beta of 1.87. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share 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 analysts' expectations of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The firm's quarterly revenue was up 23.2% on a year-over-year basis. During the same period in the previous year, the firm posted $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were given a dividend of $1.856 per share. This is an increase from ASML's previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Tuesday, July 29th. ASML's dividend payout ratio (DPR) 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.

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