Atreides Management LP Trims Holdings in ASML Holding N.V. $ASML

Key Points

• Atreides Management LP has significantly reduced its stake in ASML Holding N.V. by 93.3%, selling 273,979 shares and holding only 19,657 shares valued at approximately $13 million.
• ASML recently announced a quarterly dividend increase to $1.856 per share, reflecting a positive change from its previous dividend and a 1.0% dividend yield.
• The company's recent earnings report showed a 23.2% increase in revenue year-over-year, though its earnings per share of $4.55 fell short of analysts' expectations of $5.94.

Atreides Management LP decreased its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 93.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,657 shares of the semiconductor company's stock after selling 273,979 shares during the period. Atreides Management LP's holdings in ASML were worth $13,025,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Putney Financial Group LLC increased its position in shares of ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 29 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in shares of ASML during the 1st quarter worth $27,000. Knuff & Co LLC purchased a new position in shares of ASML during the 1st quarter worth $33,000. Wayfinding Financial LLC purchased a new position in shares of ASML during the 1st quarter worth $35,000. Finally, Pinnacle Bancorp Inc. purchased a new position in shares of ASML during the 1st quarter worth $42,000. Institutional investors own 26.07% of the company's stock.

ASML Stock Performance

Shares of ASML stock traded up $10.97 during trading on Wednesday, hitting $736.82. 1,329,234 shares of the company's stock were exchanged, compared to its average volume of 1,206,724. 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 business has a 50-day simple moving average of $750.29 and a 200-day simple moving average of $726.09. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $873.65. The stock has a market capitalization of $289.88 billion, a price-to-earnings ratio of 30.75, a PEG ratio of 1.51 and a beta of 1.80.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). ASML had a net margin of 26.95% and a return on equity of 49.47%. The firm had revenue of $8.94 billion during the quarter, compared to analysts' expectations of $8.72 billion. During the same period in the previous year, the firm posted $4.01 EPS. The firm's quarterly revenue was up 23.2% on a year-over-year basis. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts forecast 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. 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 is a boost from ASML's previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a yield of 1.0%. ASML's dividend payout ratio (DPR) is presently 26.21%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Jefferies Financial Group cut shares of ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Erste Group Bank reaffirmed a "hold" rating on shares of ASML in a research note on Wednesday, July 23rd. Citigroup reissued a "buy" rating on shares of ASML in a research report on Monday, May 19th. New Street Research upgraded shares of ASML from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th. Finally, DZ Bank downgraded shares of ASML from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, ASML has a consensus rating of "Moderate Buy" and a consensus price target of $923.80.

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.