Engineers Gate Manager LP Decreases Holdings in ASML Holding N.V. $ASML

Key Points

• Engineers Gate Manager LP cut its ASML stake by 71.5% in the second quarter, selling 1,925 shares and retaining 769 shares valued at approximately $1.53 million.
• ASML continues to benefit from strong demand for EUV lithography systems, with limited supply and expanding high-NA EUV adoption supporting its long-term growth outlook. However, manufacturing constraints and uncertainty around future AI spending remain risks.
• ASML reported quarterly revenue of $10.62 billion and EPS of $8.65, while trading at a premium valuation of roughly 49.9 times earnings. Analysts maintain a “Moderate Buy” consensus with an average price target of $1,970.33.

Engineers Gate Manager LP trimmed its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 71.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 769 shares of the semiconductor company's stock after selling 1,925 shares during the quarter. Engineers Gate Manager LP's holdings in ASML were worth $1,530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of ASML. Boston Common Asset Management LLC purchased a new stake in shares of ASML in the 1st quarter worth $4,355,000. Keudell Morrison Wealth Management purchased a new position in ASML during the fourth quarter valued at $1,402,000. Puzo Michael J bought a new stake in ASML during the second quarter valued at about $1,795,000. Griffin Asset Management Inc. grew its holdings in ASML by 3.5% during the fourth quarter. Griffin Asset Management Inc. now owns 21,786 shares of the semiconductor company's stock valued at $23,308,000 after purchasing an additional 741 shares during the period. Finally, Bank of America Corp DE increased its position in ASML by 1.2% in the first quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company's stock worth $2,060,833,000 after buying an additional 19,051 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

Key ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Robust EUV demand and limited supply: ASML is reportedly nearly sold out for 2027 and is evaluating production of more than 110 EUV systems in 2028, up from at least 80 systems in 2027. The constrained supply of these critical machines supports pricing power, visibility and potential revenue growth. ASML Eyes 110+ EUV Tools in 2028 as AI Chip Demand Accelerates
• Positive Sentiment: Strategic monopoly reinforced: Commentary comparing ASML with Taiwan Semiconductor Manufacturing highlights ASML’s unique position as the dominant supplier of advanced lithography equipment. Continued AI-related semiconductor investment benefits ASML regardless of which chipmakers ultimately gain market share. Taiwan Semiconductor Vs. ASML: There’s Actually One True Dominant Picks-and-Shovels Play
• Positive Sentiment: High-NA EUV adoption is advancing: TSMC has joined the group of chipmakers working with ASML’s high-NA EUV technology, while a new Eindhoven campus is being developed. This could strengthen ASML’s next-generation product pipeline and customer relationships. TSMC Joins All Four Chipmakers on ASML High-NA EUV
• Neutral Sentiment: Strong execution but premium valuation: Recent coverage notes that ASML and TSMC exceeded second-quarter expectations. However, ASML’s elevated earnings multiple means substantial future AI-driven growth may already be reflected in the stock price. ASML vs. Taiwan Semiconductor Manufacturing
• Negative Sentiment: Fresh questions about AI demand: Calls from prominent AI researchers and technology executives to slow frontier-model development could pressure expectations for data-center construction and advanced-chip demand, creating a risk to ASML’s growth outlook. ASML Holding Faces Fresh Questions Over Future AI Demand
• Negative Sentiment: Manufacturing constraints remain: ASML’s EUV tools cannot solve every chipmaking limitation. Chipmakers must use workarounds that can reduce margins, while delays in addressing the bottleneck could limit how quickly AI capacity expands. ASML’s $400 Million Machine Still Cannot Do

ASML Stock Performance

NASDAQ ASML opened at $1,602.22 on Thursday. The firm has a market cap of $630.12 billion, a price-to-earnings ratio of 49.85, a price-to-earnings-growth ratio of 0.80 and a beta of 1.79. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09. The business has a 50-day moving average price of $1,726.38 and a 200-day moving average price of $1,613.27. ASML Holding N.V. has a twelve month low of $861.18 and a twelve month high of $1,999.96.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The firm had revenue of $10.62 billion during the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. As a group, equities research analysts predict that ASML Holding N.V. will post 44.18 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were issued a dividend of $2.1507 per share. This represents a $8.60 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML's dividend payout ratio (DPR) is 22.62%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Sanford C. Bernstein lifted their price objective on ASML from $1,971.00 to $2,623.00 and gave the company an "outperform" rating in a research report on Monday, July 6th. Jefferies Financial Group restated a "neutral" rating on shares of ASML in a research note on Monday, June 1st. JPMorgan Chase & Co. lifted their price target on shares of ASML from $2,200.00 to $2,400.00 and gave the company an "overweight" rating in a report on Thursday, July 16th. Wall Street Zen lowered shares of ASML from a "buy" rating to a "hold" rating in a research report on Saturday, August 15th. Finally, UBS Group reissued a "buy" rating on shares of ASML in a research note on Wednesday, July 1st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $1,970.33.

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment uses light to project intricate circuit patterns onto silicon wafers, an essential step in the production of chips for computers, smartphones, automobiles, data centers and other electronic devices.

The company's product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems and advanced metrology and inspection technologies.

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