Concentric Capital Strategies LP Trims Stake in ASML Holding N.V. $ASML

Key Points

• Concentric Capital Strategies LP significantly reduced its stake in ASML Holding N.V. by 86.4%, owning only 487 shares worth $323,000 after selling 3,106 shares in the first quarter.
• ASML recently reported $4.55 EPS, missing expectations but showing a 23.2% increase in revenue compared to the previous year.
• The company declared a higher quarterly dividend of $1.856 per share, representing an annualized dividend yield of 1.0%.

Concentric Capital Strategies LP reduced its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 86.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 487 shares of the semiconductor company's stock after selling 3,106 shares during the quarter. Concentric Capital Strategies LP's holdings in ASML were worth $323,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. GAMMA Investing LLC raised 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 acquiring an additional 1,398,805 shares in the last quarter. Goldman Sachs Group Inc. raised its position in ASML by 26.5% during the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company's stock valued at $631,079,000 after acquiring an additional 199,740 shares in the last quarter. Dimensional Fund Advisors LP raised its position in ASML by 0.8% during the first quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company's stock valued at $600,175,000 after acquiring an additional 7,164 shares in the last quarter. Invesco Ltd. raised its position in ASML by 101.0% during the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock valued at $484,562,000 after acquiring an additional 367,505 shares in the last quarter. Finally, Fayez Sarofim & Co raised its position in ASML by 2.7% during the first quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company's stock valued at $470,910,000 after acquiring an additional 18,516 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Up 2.3%

Shares of ASML opened at $753.43 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. ASML Holding N.V. has a one year low of $578.51 and a one year high of $873.65. The stock has a market capitalization of $296.41 billion, a price-to-earnings ratio of 31.45, a PEG ratio of 1.66 and a beta of 1.80. The stock has a 50 day moving average price of $749.40 and a 200 day moving average price of $726.10.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing the consensus estimate of $5.94 by ($1.39). ASML had a return on equity of 49.47% and a net margin of 26.95%.The firm had revenue of $8.94 billion for the quarter, compared to analysts' expectations of $8.72 billion. During the same quarter in the previous year, the firm posted $4.01 earnings per share. The firm's revenue for the quarter 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. Equities research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company 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 positive change from ASML's previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a dividend yield of 1.0%. ASML's dividend payout ratio (DPR) is presently 26.21%.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Sanford C. Bernstein assumed coverage on ASML in a research report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price objective for the company. Barclays restated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Wells Fargo & Company boosted their price objective on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. DZ Bank cut ASML from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 16th. Finally, New Street Research upgraded ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price 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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