Belpointe Asset Management LLC Reduces Stock Position in ASML Holding N.V. $ASML

Key Points

• Belpointe Asset Management LLC reduced its position in ASML Holding N.V. by 31.7%, now holding 795 shares valued at approximately $527,000.
• Hedge funds have shown increased activity regarding ASML, with Putney Financial Group LLC boosting its stake by 322.2% in the first quarter.
• ASML recently increased its quarterly dividend to $1.856 per share, reflecting a 0.9% dividend yield for shareholders.

Belpointe Asset Management LLC lessened its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 31.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 795 shares of the semiconductor company's stock after selling 369 shares during the quarter. Belpointe Asset Management LLC's holdings in ASML were worth $527,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Putney Financial Group LLC boosted its stake in shares of ASML by 322.2% in the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after buying an additional 29 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in shares of ASML in the first quarter worth about $27,000. Knuff & Co LLC purchased a new stake in shares of ASML in the first quarter worth about $33,000. Wayfinding Financial LLC purchased a new stake in shares of ASML in the first quarter worth about $35,000. Finally, Pinnacle Bancorp Inc. purchased a new stake in shares of ASML in the first quarter worth about $42,000. Hedge funds and other institutional investors own 26.07% of the company's stock.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of recent research reports. Wells Fargo & Company upped their target price on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Barclays restated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Erste Group Bank reiterated a "hold" rating on shares of ASML in a research report on Wednesday, July 23rd. Finally, UBS Group upgraded ASML from a "neutral" rating to a "buy" rating in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, ASML has a consensus rating of "Moderate Buy" and an average price target of $923.80.

ASML Price Performance

Shares of ASML stock opened at $813.87 on Friday. The business has a 50 day simple moving average of $749.77 and a two-hundred day simple moving average of $728.45. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $873.65. The stock has a market capitalization of $320.19 billion, a P/E ratio of 33.97, a PEG ratio of 1.81 and a beta of 1.80. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS 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 for the quarter, compared to analyst estimates of $8.72 billion. During the same period in the previous year, the company earned $4.01 EPS. ASML's revenue 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 predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were issued a dividend of $1.856 per share. The ex-dividend date of this dividend was Tuesday, July 29th. This is an increase from ASML's previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a dividend yield of 0.9%. ASML's payout ratio is currently 26.17%.

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.

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