Corient IA LLC Purchases Shares of 2,315 ASML Holding N.V. $ASML

Key Points

• Corient IA LLC invested approximately $1.53 million in ASML Holding N.V., acquiring 2,315 shares, making ASML the firm's fifth largest position.
• ASML's recent quarterly earnings report showed an EPS of $4.55, which missed analysts' expectations, but revenue grew 23.2% year-over-year, reaching $8.94 billion.
• The company declared a quarterly dividend of $1.856 per share, marking an increase from the previous dividend, with a current yield of 1.0%.

Corient IA LLC bought a new stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 2,315 shares of the semiconductor company's stock, valued at approximately $1,534,000. ASML accounts for approximately 1.1% of Corient IA LLC's investment portfolio, making the stock its 5th largest holding.

A number of other large investors also recently added to or reduced their stakes in ASML. Renaissance Technologies LLC acquired a new position in ASML during the 4th quarter valued at about $270,000. NewEdge Advisors LLC lifted its position in ASML by 9.4% during the 4th quarter. NewEdge Advisors LLC now owns 11,031 shares of the semiconductor company's stock valued at $7,646,000 after purchasing an additional 950 shares during the period. Zacks Investment Management lifted its position in ASML by 4.2% during the 4th quarter. Zacks Investment Management now owns 494 shares of the semiconductor company's stock valued at $342,000 after purchasing an additional 20 shares during the period. Commerce Bank lifted its position in ASML by 16.6% during the 4th quarter. Commerce Bank now owns 4,183 shares of the semiconductor company's stock valued at $2,899,000 after purchasing an additional 594 shares during the period. Finally, GeoWealth Management LLC lifted its position in ASML by 11.6% during the 4th quarter. GeoWealth Management LLC now owns 1,304 shares of the semiconductor company's stock valued at $904,000 after purchasing an additional 136 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. New Street Research upgraded shares of ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Citigroup reaffirmed a "buy" rating on shares of ASML in a research note on Monday, May 19th. Wells Fargo & Company upped their price target on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Finally, Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Stock Up 0.5%

NASDAQ ASML traded up $3.9690 during trading hours on Wednesday, reaching $747.5790. 1,066,874 shares of the company's stock were exchanged, compared to its average volume of 1,736,112. The company's 50-day moving average is $756.61 and its two-hundred day moving average is $725.68. ASML Holding N.V. has a one year low of $578.51 and a one year high of $945.05. 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 company has a market capitalization of $294.11 billion, a price-to-earnings ratio of 31.18, a price-to-earnings-growth ratio of 1.52 and a beta of 1.76.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). ASML had a return on equity of 49.47% and a net margin of 26.95%.The business had revenue of $8.94 billion for the quarter, compared to the consensus estimate of $8.72 billion. During the same period in the previous year, the company posted $4.01 earnings per share. ASML'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. On average, 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. Stockholders of record on Tuesday, July 29th were issued a $1.856 dividend. This represents a $7.42 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, July 29th. This is a boost from ASML's previous quarterly dividend of $1.64. ASML's payout ratio is currently 26.17%.

About ASML

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.