ASML Holding N.V. $ASML Shares Bought by Pennant Investors LP

Key Points

• Pennant Investors LP increased its stake in ASML Holding N.V. by 109.3% during Q1, owning a total of 9,000 shares valued at approximately $5.96 million.
• ASML reported $4.55 EPS for the last quarter, missing the consensus estimate of $5.94, despite revenue increasing year-over-year by 23.2%.
• The company has announced a quarterly dividend increase to $1.856, resulting in an annual yield of 1.0%.

Pennant Investors LP lifted its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 109.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,000 shares of the semiconductor company's stock after acquiring an additional 4,700 shares during the quarter. ASML accounts for approximately 1.6% of Pennant Investors LP's holdings, making the stock its 14th largest position. Pennant Investors LP's holdings in ASML were worth $5,964,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Rossmore Private Capital increased its position in shares of ASML by 0.3% during the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company's stock valued at $2,880,000 after purchasing an additional 14 shares during the period. Sage Mountain Advisors LLC increased its position in shares of ASML by 2.6% during the 1st quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company's stock valued at $399,000 after purchasing an additional 15 shares during the period. Manchester Capital Management LLC increased its position in shares of ASML by 15.2% during the 1st quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company's stock valued at $76,000 after purchasing an additional 15 shares during the period. Nilsine Partners LLC increased its position in shares of ASML by 2.6% during the 1st quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock valued at $418,000 after purchasing an additional 16 shares during the period. Finally, First Horizon Advisors Inc. increased its position in shares of ASML by 3.2% during the 1st quarter. First Horizon Advisors Inc. now owns 516 shares of the semiconductor company's stock valued at $342,000 after purchasing an additional 16 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. DZ Bank cut ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. Citigroup restated a "buy" rating on shares of ASML in a report on Monday, May 19th. Barclays restated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Finally, Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $923.80.

ASML Stock Down 0.8%

NASDAQ:ASML opened at $763.46 on Friday. The business's fifty day moving average price is $754.63 and its 200 day moving average price is $726.71. The firm has a market capitalization of $300.36 billion, a price-to-earnings ratio of 31.86, a PEG ratio of 1.56 and a beta of 1.76. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $914.53.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.94 by ($1.39). The business had revenue of $8.94 billion during 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 was up 23.2% on a year-over-year basis. During the same period in the prior year, the company posted $4.01 earnings per share. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were paid a $1.856 dividend. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $7.42 annualized dividend and a yield of 1.0%. This is an increase from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio (DPR) is currently 26.17%.

ASML 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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