ASML Holding N.V. $ASML Shares Sold by Gateway Investment Advisers LLC

Key Points

• Gateway Investment Advisers LLC reduced its holdings in ASML Holding N.V. by 59.8%, selling 759 shares during the second quarter, leaving them with 511 shares valued at $410,000.
• Institutional investors own 26.07% of ASML's stock, with several firms notably increasing their stakes during the fourth quarter, including Toronto Dominion Bank, which boosted its position by 82.9%.
• ASML’s recent quarterly earnings report showed earnings per share of $4.55, missing estimates, but the company’s revenue increased by 23.2% year-over-year to $8.94 billion.

Gateway Investment Advisers LLC reduced its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 59.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 511 shares of the semiconductor company's stock after selling 759 shares during the quarter. Gateway Investment Advisers LLC's holdings in ASML were worth $410,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ASML. Rossmore Private Capital grew its position in ASML by 0.3% in the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company's stock valued at $2,880,000 after buying an additional 14 shares during the last quarter. Sage Mountain Advisors LLC boosted its holdings in shares of ASML by 2.6% in the first quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company's stock valued at $399,000 after acquiring an additional 15 shares in the last quarter. Manchester Capital Management LLC increased its stake in shares of ASML by 15.2% during the first quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company's stock worth $76,000 after acquiring an additional 15 shares during the period. Nilsine Partners LLC increased its stake in shares of ASML by 2.6% during the first quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock worth $418,000 after acquiring an additional 16 shares during the period. Finally, First Horizon Advisors Inc. lifted its position in ASML by 3.2% in the first 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.

Analysts Set New Price Targets

ASML has been the topic of several recent analyst reports. Wells Fargo & Company boosted their target price on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Morgan Stanley raised ASML from an "equal weight" rating to an "overweight" rating in a report on Monday. New Street Research raised ASML from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th. Arete Research upgraded shares of ASML to a "strong-buy" rating in a research report on Friday, September 12th. Finally, Erste Group Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $923.80.

ASML Price Performance

Shares of ASML stock traded up $25.65 during trading hours on Monday, hitting $957.80. The company's stock had a trading volume of 1,883,223 shares, compared to its average volume of 1,494,393. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The business has a fifty day moving average of $762.69 and a 200-day moving average of $736.58. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $964.54. The stock has a market cap of $376.82 billion, a price-to-earnings ratio of 39.97, a P/E/G ratio of 1.57 and a beta of 1.80.

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). The company had revenue of $8.94 billion during the quarter, compared to analysts' expectations of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. ASML's quarterly revenue was up 23.2% compared to the same quarter last year. During the same period in the previous year, the company posted $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were given a dividend of $1.856 per share. The ex-dividend date was Tuesday, July 29th. This represents a $7.42 dividend on an annualized basis and a yield of 0.8%. This is a boost from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio (DPR) 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.