ASML Holding N.V. $ASML Holdings Raised by Old West Investment Management LLC

Key Points

• Old West Investment Management LLC increased its stake in ASML by 85.6%, owning 2,320 shares valued at $1.54 million after purchasing an additional 1,070 shares.
• ASML reported $4.55 earnings per share for Q2, missing estimates, but had a revenue of $8.94 billion, up 23.2% year-over-year.
• The company announced a quarterly dividend of $1.856 per share, reflecting an increase from its previous dividend of $1.64.

Old West Investment Management LLC lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 85.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,320 shares of the semiconductor company's stock after purchasing an additional 1,070 shares during the quarter. Old West Investment Management LLC's holdings in ASML were worth $1,537,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of ASML. GAMMA Investing LLC raised its stake in shares of ASML by 70,115.5% during the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after purchasing an additional 1,398,805 shares in the last quarter. T. Rowe Price Investment Management Inc. bought a new stake in shares of ASML during the first quarter valued at about $360,262,000. Invesco Ltd. boosted its stake 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 in the last quarter. Goldman Sachs Group Inc. boosted its stake 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 in the last quarter. Finally, First Manhattan CO. LLC. boosted its stake in ASML by 59.4% during the fourth quarter. First Manhattan CO. LLC. now owns 439,890 shares of the semiconductor company's stock valued at $307,374,000 after buying an additional 163,945 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Up 2.7%

Shares of ASML stock opened at $754.89 on Monday. The stock's fifty day moving average is $754.78 and its 200-day moving average is $725.83. The firm has a market capitalization of $296.99 billion, a PE ratio of 31.51, a price-to-earnings-growth ratio of 1.53 and a beta of 1.76. 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 Holding N.V. has a 12-month low of $578.51 and a 12-month high of $922.13.

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

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ASML. New Street Research raised ASML from a "neutral" rating to a "buy" rating in a research note on Thursday, July 24th. Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Citigroup reaffirmed a "buy" rating on shares of ASML in a research note on Monday, May 19th. Wells Fargo & Company raised their target price on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Finally, DZ Bank cut ASML from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, ASML has a consensus rating of "Moderate Buy" and a consensus target price of $923.80.

About ASML

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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