Atria Wealth Solutions Inc. Cuts Stock Holdings in ASML Holding N.V. (NASDAQ:ASML)

Key Points

• Atria Wealth Solutions Inc. reduced its stake in ASML Holding N.V. by 20.1%, holding 4,801 shares valued at approximately $3.18 million.
• ASML reported a miss on earnings per share of $4.55 for the last quarter, falling short of estimates of $5.94, although revenue was up 23.2% year-over-year.
• The company recently increased its quarterly dividend to $1.856, resulting in an annualized yield of 1.0% and a dividend payout ratio of 26.21%.

Atria Wealth Solutions Inc. trimmed its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 20.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,801 shares of the semiconductor company's stock after selling 1,211 shares during the quarter. Atria Wealth Solutions Inc.'s holdings in ASML were worth $3,182,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC grew its position in ASML by 70,115.5% during the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after buying an additional 1,398,805 shares during the period. Neuberger Berman Group LLC grew its position in ASML by 1.4% during the fourth quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock valued at $667,155,000 after buying an additional 13,115 shares during the period. Dimensional Fund Advisors LP grew its position in ASML by 5.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock valued at $622,769,000 after buying an additional 46,028 shares during the period. Fayez Sarofim & Co grew its position in ASML by 7.2% during the fourth quarter. Fayez Sarofim & Co now owns 692,152 shares of the semiconductor company's stock valued at $479,717,000 after buying an additional 46,397 shares during the period. Finally, Windacre Partnership LLC grew its position in ASML by 0.8% during the fourth quarter. Windacre Partnership LLC now owns 669,100 shares of the semiconductor company's stock valued at $463,740,000 after buying an additional 5,000 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Trading Up 3.2%

Shares of ASML opened at $713.12 on Friday. The business's 50-day moving average price is $758.52 and its 200-day moving average price is $725.09. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $945.05. The stock has a market cap of $280.56 billion, a PE ratio of 29.76, a P/E/G ratio of 1.40 and a beta of 1.76. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing the consensus estimate of $5.94 by ($1.39). ASML had a net margin of 26.95% and a return on equity of 49.47%. The company had revenue of $8.94 billion for the quarter, compared to the consensus estimate of $8.72 billion. During the same quarter in the prior year, the company earned $4.01 earnings per share. The company's quarterly revenue was up 23.2% on a year-over-year basis. On average, equities analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal 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 $1.856 dividend. This represents a $7.42 annualized dividend and a dividend yield of 1.0%. This is a positive change from ASML's previous quarterly dividend of $1.64. The ex-dividend date was Tuesday, July 29th. ASML's dividend payout ratio (DPR) is currently 26.21%.

Analyst Upgrades and Downgrades

ASML has been the topic of several recent research reports. Citigroup reaffirmed a "buy" rating on shares of ASML in a report on Monday, May 19th. Susquehanna dropped their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Jefferies Financial Group downgraded shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Finally, Erste Group Bank reaffirmed a "hold" rating on shares of ASML in a report on Wednesday, July 23rd. Seven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $923.80.

ASML Company 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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