Dorsey Asset Management LLC Buys Shares of 70,571 ASML Holding N.V. $ASML

Key Points

• Dorsey Asset Management LLC acquired a new stake of 70,571 shares in ASML Holding N.V., valued at approximately $46.76 million, making it the firm's 10th largest position.
• ASML reported earnings of $4.55 per share for the last quarter, missing analysts' expectations of $5.94, while revenue reached $8.94 billion, exceeding estimates.
• The company announced a quarterly dividend of $1.856 per share, up from a previous dividend of $1.64, reflecting a positive change in shareholder returns.

Dorsey Asset Management LLC bought a new position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 70,571 shares of the semiconductor company's stock, valued at approximately $46,762,000. ASML makes up 5.0% of Dorsey Asset Management LLC's holdings, making the stock its 10th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in ASML. Putney Financial Group LLC raised its position in 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 purchasing an additional 29 shares in the last quarter. Banque Cantonale Vaudoise acquired a new position in ASML in the first quarter worth about $27,000. Knuff & Co LLC acquired a new position in ASML in the first quarter worth about $33,000. Wayfinding Financial LLC acquired a new position in ASML in the first quarter worth about $35,000. Finally, Pinnacle Bancorp Inc. acquired a new position in ASML in the first quarter worth about $42,000. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Price Performance

ASML traded up $28.27 during midday trading on Friday, hitting $781.70. The company had a trading volume of 1,885,291 shares, compared to its average volume of 1,233,055. 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 $307.54 billion, a PE ratio of 32.63, a P/E/G ratio of 1.76 and a beta of 1.80. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $873.65. The firm's 50-day simple moving average is $749.11 and its 200-day simple moving average is $726.23.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data 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). The company had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The company's revenue was up 23.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts predict 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. Shareholders of record on Tuesday, July 29th were given a $1.856 dividend. This represents a $7.42 annualized dividend and a yield of 0.9%. The ex-dividend date was Tuesday, July 29th. This is a boost from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio is 26.17%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Wells Fargo & Company lifted their price objective on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Barclays reissued an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. UBS Group upgraded shares of ASML from a "neutral" rating to a "buy" rating in a research report on Friday. Erste Group Bank restated a "hold" rating on shares of ASML in a research report on Wednesday, July 23rd. Finally, Citigroup restated a "buy" rating on shares of ASML in a research report on Monday, May 19th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and a consensus target price of $923.80.

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.