Acadian Asset Management LLC Has $101.98 Million Stake in ASML Holding N.V. $ASML

Key Points

• Acadian Asset Management LLC increased its stake in ASML Holding N.V. by 97.6% in the first quarter, owning 153,939 shares valued at approximately $101.98 million.
• ASML recently reported earnings of $4.55 per share, falling short of expectations, but showed a 23.2% increase in quarterly revenue year-over-year.
• The company announced a quarterly dividend increase to $1.856, translating to an annual yield of 0.9% and a payout ratio of 26.17%.

Acadian Asset Management LLC increased its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 97.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 153,939 shares of the semiconductor company's stock after purchasing an additional 76,023 shares during the quarter. Acadian Asset Management LLC's holdings in ASML were worth $101,978,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealthcare Advisory Partners LLC lifted its position in ASML by 12.3% in the first quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock worth $266,000 after purchasing an additional 44 shares during the period. Rhumbline Advisers lifted its position in ASML by 12.7% in the first quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock worth $5,571,000 after purchasing an additional 947 shares during the period. Empowered Funds LLC lifted its position in ASML by 5.0% in the first quarter. Empowered Funds LLC now owns 10,928 shares of the semiconductor company's stock worth $7,241,000 after purchasing an additional 519 shares during the period. Sequoia Financial Advisors LLC grew its position in ASML by 1.6% in the first quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company's stock valued at $2,304,000 after acquiring an additional 55 shares during the period. Finally, Lyell Wealth Management LP boosted its position in ASML by 2.4% in the first quarter. Lyell Wealth Management LP now owns 19,483 shares of the semiconductor company's stock valued at $12,910,000 after buying an additional 459 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on ASML shares. Citigroup reaffirmed a "buy" rating on shares of ASML in a report on Monday, May 19th. Wells Fargo & Company upped their target price on shares of ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Sanford C. Bernstein initiated coverage on shares of ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price on the stock. Jefferies Financial Group downgraded shares of ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Finally, UBS Group upgraded shares of ASML from a "neutral" rating to a "buy" rating in a research report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Trading Up 1.2%

ASML traded up $9.71 during midday trading on Friday, reaching $813.87. 1,018,951 shares of the company were exchanged, compared to its average volume of 1,240,666. The stock has a market capitalization of $320.19 billion, a P/E ratio of 33.56, a PEG ratio of 1.81 and a beta of 1.80. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. The stock's 50-day simple moving average is $749.37 and its 200 day simple moving average is $728.00. ASML Holding N.V. has a one year low of $578.51 and a one year high of $873.65.

ASML (NASDAQ:ASML - Get Free Report) last posted 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). ASML had a return on equity of 49.47% and a net margin of 26.95%.The business had revenue of $8.94 billion for the quarter, compared to the consensus estimate of $8.72 billion. During the same period in the previous year, the company posted $4.01 earnings per share. ASML's revenue for the quarter was up 23.2% compared to the same quarter last year. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were paid a $1.856 dividend. This represents a $7.42 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, July 29th. This is a boost from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio (DPR) is currently 26.21%.

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.