ASML Holding N.V. $ASML Position Lowered by Hardman Johnston Global Advisors LLC

Key Points

• Hardman Johnston Global Advisors LLC reduced its stake in ASML Holding N.V. by 2.8% in Q2, now holding 153,126 shares valued at $122.7 million, representing 5.4% of its portfolio.
• ASML's stock has received mixed ratings from analysts, with Jefferies downgrading it to "hold" while Morgan Stanley upgraded it to "overweight"; the consensus rating is "Moderate Buy" with a target price of $923.80.
• ASML recently raised its quarterly dividend from $1.64 to $1.856 per share, reflecting a payout ratio of 26.21% and an annual yield of 0.7%.

Hardman Johnston Global Advisors LLC lowered its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 2.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 153,126 shares of the semiconductor company's stock after selling 4,443 shares during the period. ASML accounts for approximately 5.4% of Hardman Johnston Global Advisors LLC's portfolio, making the stock its 4th largest position. Hardman Johnston Global Advisors LLC's holdings in ASML were worth $122,714,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Putney Financial Group LLC increased its stake in ASML by 322.2% in the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after purchasing an additional 29 shares during the last quarter. Banque Cantonale Vaudoise purchased a new position in shares of ASML in the 1st quarter valued at $27,000. Maseco LLP purchased a new position in shares of ASML in the 2nd quarter valued at $32,000. Knuff & Co LLC purchased a new stake in ASML in the first quarter valued at $33,000. Finally, Wayfinding Financial LLC purchased a new stake in ASML in the first quarter valued at $35,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of research reports. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Morgan Stanley upgraded shares of ASML from an "equal weight" rating to an "overweight" rating in a research report on Monday, September 22nd. DZ Bank reiterated a "neutral" rating on shares of ASML in a research report on Thursday, September 25th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of ASML in a research note on Tuesday. Finally, Arete Research upgraded shares of ASML to a "strong-buy" rating in a research note on Friday, September 12th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and an average target price of $923.80.

ASML Stock Performance

ASML opened at $1,030.17 on Friday. The stock has a market cap of $405.29 billion, a P/E ratio of 43.00, a P/E/G ratio of 1.69 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. The stock's 50 day simple moving average is $799.72 and its 200 day simple moving average is $750.97. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,040.23.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results 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 for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.01 earnings per share. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal 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 dividend of $1.856 per share. This is an increase from ASML's previous quarterly dividend of $1.64. The ex-dividend date was Tuesday, July 29th. This represents a $7.42 annualized dividend and a yield of 0.7%. ASML's payout ratio is 26.21%.

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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