Panagora Asset Management Inc. Buys 1,149 Shares of ASML Holding N.V. $ASML

Key Points

• Panagora Asset Management Inc. increased its stake in ASML Holding N.V. by 17.1%, now owning 7,872 shares valued at approximately $5.22 million.
• ASML announced a quarterly dividend increase to $1.856 per share, representing 1.0% yield, compared to its previous dividend of $1.64.
• Despite a 2.3% decline in share price to $725.85, ASML reported a revenue increase of 23.2% year-over-year, totaling $8.94 billion in the last quarter.

Panagora Asset Management Inc. boosted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 17.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,872 shares of the semiconductor company's stock after purchasing an additional 1,149 shares during the quarter. Panagora Asset Management Inc.'s holdings in ASML were worth $5,216,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in ASML. Putney Financial Group LLC lifted its position in shares of ASML by 322.2% in the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 29 shares during the period. Banque Cantonale Vaudoise acquired a new position in shares of ASML in the 1st quarter worth approximately $27,000. Knuff & Co LLC acquired a new position in shares of ASML in the 1st quarter worth approximately $33,000. Wayfinding Financial LLC acquired a new position in shares of ASML in the 1st quarter worth approximately $35,000. Finally, Pinnacle Bancorp Inc. acquired a new position in shares of ASML in the 1st quarter worth approximately $42,000. Institutional investors own 26.07% of the company's stock.

ASML Stock Up 2.0%

Shares of ASML traded up $15.03 during midday trading on Thursday, hitting $751.85. The stock had a trading volume of 1,137,982 shares, compared to its average volume of 1,704,630. The company has a 50 day simple moving average of $750.29 and a two-hundred day simple moving average of $726.09. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $873.65. The firm has a market cap of $295.79 billion, a price-to-earnings ratio of 31.39, a price-to-earnings-growth ratio of 1.51 and a beta of 1.80. 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 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 during the quarter, compared to analyst estimates of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. ASML's revenue was up 23.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts anticipate that ASML Holding N.V. will post 25.17 EPS 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 represents a $7.42 dividend on an annualized basis and a yield of 1.0%. This is a boost from ASML's previous quarterly dividend of $1.64. The ex-dividend date of this dividend was Tuesday, July 29th. ASML's dividend payout ratio (DPR) is presently 26.17%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ASML. Erste Group Bank reissued a "hold" rating on shares of ASML in a report on Wednesday, July 23rd. Citigroup reaffirmed a "buy" rating on shares of ASML in a report on Monday, May 19th. Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Finally, Wells Fargo & Company raised their price target on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, ASML has a consensus rating of "Moderate Buy" and a consensus price target of $923.80.

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.