ASML Holding N.V. $ASML Stock: Axxcess Wealth Management LLC Cuts Holdings

Key Points

• Axxcess Wealth Management cut its ASML stake by 29% in the third quarter, selling 957 shares and retaining 2,340 shares valued at approximately $4.24 million. Institutional investors and hedge funds collectively own 26.07% of the company.
• ASML shares have declined 6.9%, opening at $1,560.54, while the company reported quarterly EPS of $14.71 on $13.27 billion in revenue and maintained strong profitability with a 34.1% net margin.
• Analysts remain broadly positive, with ASML carrying a “Moderate Buy” consensus rating and an average price target of $2,079.12. The company’s quarterly dividend was reduced to $2.1077 per share, equivalent to a 0.5% yield.

Axxcess Wealth Management LLC lessened its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 29.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,340 shares of the semiconductor company's stock after selling 957 shares during the quarter. Axxcess Wealth Management LLC's holdings in ASML were worth $4,239,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Kraft Davis & Associates LLC increased its stake in ASML by 21.4% during the third quarter. Kraft Davis & Associates LLC now owns 392 shares of the semiconductor company's stock worth $650,000 after purchasing an additional 69 shares during the period. Albion Financial Group UT increased its stake in ASML by 283.3% during the 3rd quarter. Albion Financial Group UT now owns 230 shares of the semiconductor company's stock worth $417,000 after buying an additional 170 shares during the period. Guardian Partners Inc. purchased a new stake in ASML during the 3rd quarter worth approximately $2,609,000. Atticus Wealth Management LLC lifted its holdings in ASML by 10.2% during the 3rd quarter. Atticus Wealth Management LLC now owns 496 shares of the semiconductor company's stock worth $899,000 after buying an additional 46 shares in the last quarter. Finally, Quadrant Capital Group LLC lifted its holdings in ASML by 3.0% during the 3rd quarter. Quadrant Capital Group LLC now owns 14,431 shares of the semiconductor company's stock worth $24,789,000 after buying an additional 420 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Trading Down 6.9%

NASDAQ:ASML opened at $1,560.54 on Friday. The stock has a fifty day moving average price of $1,725.60 and a two-hundred day moving average price of $1,682.05. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.01 and a current ratio of 1.49. The stock has a market capitalization of $613.73 billion, a price-to-earnings ratio of 41.28, a PEG ratio of 0.70 and a beta of 1.77. ASML Holding N.V. has a 1 year low of $946.11 and a 1 year high of $1,999.96.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. The firm had revenue of $13.27 billion for the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. As a group, sell-side analysts anticipate that ASML Holding N.V. will post 46.03 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Tuesday, October 27th will be given a $2.1077 dividend. The ex-dividend date is Tuesday, October 27th. This represents a $8.43 annualized dividend and a dividend yield of 0.5%. This is a drop from ASML's previous quarterly dividend of $2.1507. ASML's payout ratio is presently 17.90%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ASML shares. UBS Group reissued a "buy" rating on shares of ASML in a research report on Monday, September 28th. Argus set a $2,100.00 price objective on shares of ASML in a research report on Thursday, July 16th. Citigroup reiterated a "buy" rating on shares of ASML in a research note on Thursday, October 15th. Barclays restated an "overweight" rating on shares of ASML in a research report on Thursday, July 16th. Finally, Sanford C. Bernstein upped their target price on ASML from $1,971.00 to $2,623.00 and gave the company an "outperform" rating in a research report on Monday, July 6th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $2,079.12.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML’s extreme ultraviolet (EUV) lithography systems remain effectively unrivaled, and reports indicate its EUV machines are sold out through 2028. This supports strong visibility for revenue and reinforces the company’s strategic importance to advanced-chip manufacturers. Chinese Competitors Aren’t Eroding ASML’s EUV Core Monopoly
• Positive Sentiment: AI-related chip demand continues to exceed industry supply. ASML’s outlook suggests shortages in logic and memory chips could persist at least through 2028, benefiting equipment demand and customers such as Nvidia and Micron. ASML Has Incredible News for Nvidia Stock and Micron Stock Investors
• Positive Sentiment: Higher pricing for critical EUV machines is expected to begin in 2027 and have its full effect in 2028. Combined with upgrade-kit sales and an accelerated €4.1 billion third-quarter buyback, this points to potential margin and earnings-per-share expansion. ASML: New Pricing Power Makes The 28x Multiple A Bargain
• Neutral Sentiment: ASML is featured in Invesco’s new QQI international-innovators ETF, which could increase exposure to the stock, although the fund’s higher costs and lower liquidity limit the immediate investment significance. Invesco’s ETF Targets International Innovators
• Negative Sentiment: Chip-equipment stocks are declining after Lam Research warned that supply constraints could limit its outlook. The concern is spreading to Applied Materials and ASML, raising near-term worries about industry bottlenecks despite record demand. Lam Research Supply Warning Pressures Chip Equipment Stocks

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment helps customers transfer intricate circuit patterns onto silicon wafers, a critical step in the production of processors, memory chips and other semiconductor devices.

ASML's product portfolio includes extreme ultraviolet (EUV) lithography systems, which support the production of the most advanced chips, as well as deep ultraviolet (DUV) lithography systems for a broad range of semiconductor applications.

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