ASML Holding N.V. $ASML Holdings Trimmed by Americana Partners LLC

Key Points

• Americana Partners reduced its ASML stake by 5.8% in the third quarter, selling 700 shares and retaining 11,339 shares valued at approximately $20.5 million. Institutional investors and hedge funds own 26.07% of the company.
• ASML shares opened at $1,565.90, down 6.6%, while the company reported quarterly EPS of $14.71 on $13.27 billion in revenue. Investors face concerns about semiconductor demand, valuation, and potential capital-spending caution across the industry.
• ASML cut its quarterly dividend to $2.1077 per share from $2.1507, representing an annualized dividend of $8.43 and a 0.5% yield. Despite the risks, analysts maintain a consensus “Moderate Buy” rating with an average price target of $2,079.12.

Americana Partners LLC cut its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 5.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,339 shares of the semiconductor company's stock after selling 700 shares during the period. Americana Partners LLC's holdings in ASML were worth $20,543,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. NBH Bank acquired a new stake in shares of ASML in the second quarter valued at approximately $26,000. Gilpin Wealth Management LLC lifted its holdings in ASML by 275.0% during the 3rd quarter. Gilpin Wealth Management LLC now owns 15 shares of the semiconductor company's stock worth $27,000 after buying an additional 11 shares in the last quarter. Field & Main Bank acquired a new position in ASML during the 2nd quarter worth $30,000. Vision Financial Markets LLC bought a new position in ASML in the 3rd quarter valued at $36,000. Finally, Curry Webb Wealth Management LLC bought a new position in ASML in the 3rd quarter valued at $38,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Trading Down 6.6%

NASDAQ ASML opened at $1,565.90 on Friday. The stock's 50-day moving average is $1,704.71 and its 200-day moving average is $1,595.82. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.49 and a quick ratio of 1.01. ASML Holding N.V. has a one year low of $946.11 and a one year high of $1,999.96. The firm has a market cap of $603.53 billion, a P/E ratio of 38.55, a P/E/G ratio of 0.70 and a beta of 1.77.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. The firm had revenue of $13.27 billion during the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. Sell-side analysts anticipate that ASML Holding N.V. will post 46.54 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Tuesday, October 27th will be issued a dividend of $2.1077 per share. The ex-dividend date is Tuesday, October 27th. This is a drop from ASML's previous quarterly dividend of $2.1507. This represents a $8.43 annualized dividend and a yield of 0.5%. ASML's dividend payout ratio is currently 17.53%.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML remains a critical bottleneck in advanced-chip manufacturing. It is the only supplier of extreme-ultraviolet lithography systems, which are essential for leading-edge semiconductor production. That strategic position gives the company significant pricing power and exposure to long-term artificial-intelligence infrastructure investment. How ASML Gives the Netherlands a Strategic Advantage in Global AI
• Positive Sentiment: An analysis of Elon Musk’s increasingly vertically integrated businesses argues that ASML has “passed the Elon Test”: even Musk’s chip initiatives still depend on foundries such as TSMC, which in turn require ASML’s lithography technology. This reinforces the company’s long-term moat, although the article is promotional in nature. The Companies Elon Musk Tried to Kill and Couldn’t Are Your Biggest Opportunities
• Neutral Sentiment: Options-market activity has drawn attention to the possibility of a significant ASML move, but options positioning signals volatility rather than a definite fundamental direction. Is the Options Market Predicting a Spike in ASML Holding Stock?
• Negative Sentiment: Intel’s roughly 25% selloff following weak fourth-quarter guidance, margin pressure, and a PC-market downturn raised concerns about broader semiconductor demand and potential delays or caution among chipmakers’ capital-spending plans. Although Intel reported progress in its 18A process, the sector read-through was negative for equipment suppliers. Silicon Shock: Intel's 25% Valuation Reset
• Negative Sentiment: Valuation concerns may also be weighing on ASML. Compared with Nvidia, ASML generates less revenue and has lower reported pretax margins, prompting investors to question how much AI upside is already reflected in its shares. ASML vs. Nvidia: Who Really Captures the AI Chip Boom?

Wall Street Analyst Weigh In

ASML has been the subject of a number of recent research reports. Wall Street Zen upgraded ASML from a "hold" rating to a "buy" rating in a research report on Saturday, October 17th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $2,100.00 price target on shares of ASML in a report on Wednesday, October 7th. Weiss Ratings upgraded ASML from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, October 16th. UBS Group reissued a "buy" rating on shares of ASML in a report on Monday, September 28th. Finally, Cantor Fitzgerald restated an "overweight" rating on shares of ASML in a research report on Monday, September 14th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $2,079.12.

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment helps customers transfer intricate circuit patterns onto silicon wafers, a critical step in the production of processors, memory chips and other semiconductor devices.

ASML's product portfolio includes extreme ultraviolet (EUV) lithography systems, which support the production of the most advanced chips, as well as deep ultraviolet (DUV) lithography systems for a broad range of semiconductor applications.

Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.