Earnest Partners LLC Sells 346 Shares of ASML Holding N.V. $ASML

Key Points

• Earnest Partners LLC reduced its stake in ASML Holding N.V. by 10.2%, owning 3,058 shares worth approximately $2,026,000 following the sale of 346 shares.
• ASML experienced a miss in earnings for the recent quarter, reporting $4.55 per share against an expectation of $5.94, although it saw a year-over-year revenue increase of 23.2%.
• The company has increased its quarterly dividend to $1.856 per share, raising its annualized dividend to $7.42 and establishing a yield of 1.0%.

Earnest Partners LLC cut its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 10.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,058 shares of the semiconductor company's stock after selling 346 shares during the quarter. Earnest Partners LLC's holdings in ASML were worth $2,026,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in ASML. CreativeOne Wealth LLC grew its holdings in ASML by 75.5% during the 1st quarter. CreativeOne Wealth LLC now owns 2,663 shares of the semiconductor company's stock worth $1,765,000 after acquiring an additional 1,146 shares during the last quarter. Ieq Capital LLC grew its holdings in ASML by 11.6% during the 1st quarter. Ieq Capital LLC now owns 5,175 shares of the semiconductor company's stock worth $3,429,000 after acquiring an additional 536 shares during the last quarter. Gamco Investors INC. ET AL grew its holdings in ASML by 1.0% during the 1st quarter. Gamco Investors INC. ET AL now owns 5,061 shares of the semiconductor company's stock worth $3,354,000 after acquiring an additional 51 shares during the last quarter. Aristides Capital LLC grew its holdings in ASML by 134.7% during the 1st quarter. Aristides Capital LLC now owns 5,633 shares of the semiconductor company's stock worth $3,733,000 after acquiring an additional 3,233 shares during the last quarter. Finally, Bank of Hawaii bought a new stake in ASML during the 1st quarter worth approximately $282,000. 26.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of research reports. New Street Research raised shares of ASML from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th. Wells Fargo & Company upped their price objective on shares of ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Erste Group Bank reaffirmed a "hold" rating on shares of ASML in a research note on Wednesday, July 23rd. Finally, Jefferies Financial Group lowered shares of ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $923.80.

ASML Trading Down 0.8%

ASML opened at $763.46 on Friday. The company has a fifty day moving average price of $754.63 and a two-hundred day moving average price of $726.71. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $914.53. The company has a market cap of $300.36 billion, a P/E ratio of 31.86, a price-to-earnings-growth ratio of 1.56 and a beta of 1.76. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last announced 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). 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 analyst estimates of $8.72 billion. During the same quarter in the prior year, the company posted $4.01 EPS. ASML's revenue for the quarter was up 23.2% on a year-over-year basis. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. 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. Stockholders of record on Tuesday, July 29th were issued a dividend of $1.856 per share. This is an increase from ASML's previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Tuesday, July 29th. ASML's dividend payout ratio (DPR) is currently 26.21%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.