Evergreen Capital Management LLC Lowers Stock Holdings in ASML Holding N.V. $ASML

Key Points

• Evergreen Capital Management LLC reduced its stake in ASML Holding N.V. by 5.2% during Q1, now holding 9,890 shares valued at $6.55 million.
• ASML announced a quarterly dividend increase to $1.856, reflecting an annualized dividend of $7.42 and a yield of 1.0%.
• Despite reporting lower earnings per share than expected in Q2, ASML's revenue increased by 23.2% year-over-year, amounting to $8.94 billion.

Evergreen Capital Management LLC trimmed its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 5.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,890 shares of the semiconductor company's stock after selling 538 shares during the quarter. Evergreen Capital Management LLC's holdings in ASML were worth $6,553,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Putney Financial Group LLC boosted its holdings in ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 29 shares during the period. Banque Cantonale Vaudoise purchased a new position in shares of ASML in the 1st quarter valued at about $27,000. Knuff & Co LLC purchased a new position in shares of ASML in the 1st quarter valued at about $33,000. Wayfinding Financial LLC purchased a new position in shares of ASML in the 1st quarter valued at about $35,000. Finally, Pinnacle Bancorp Inc. purchased a new position in shares of ASML in the 1st quarter valued at about $42,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on ASML shares. New Street Research upgraded ASML from a "neutral" rating to a "buy" rating in a research note on Thursday, July 24th. Sanford C. Bernstein started coverage on ASML in a research note on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price objective for the company. Barclays reiterated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Erste Group Bank reiterated a "hold" rating on shares of ASML in a research note on Wednesday, July 23rd. Finally, Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. One 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's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Stock Down 2.5%

Shares of NASDAQ ASML traded down $18.73 during midday trading on Tuesday, hitting $723.89. 1,540,579 shares of the company's stock were exchanged, compared to its average volume of 1,708,451. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $892.73. The company has a market cap of $284.79 billion, a PE ratio of 30.21, a P/E/G ratio of 1.51 and a beta of 1.80. The firm's fifty day simple moving average is $753.61 and its 200-day simple moving average is $726.01.

ASML (NASDAQ:ASML - Get Free Report) last released 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). The firm had revenue of $8.94 billion for the quarter, compared to analyst estimates of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.The company's quarterly revenue was up 23.2% on a year-over-year basis. During the same period last year, the firm earned $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were given a dividend of $1.856 per share. This represents a $7.42 annualized dividend and a yield of 1.0%. This is a positive change from ASML's previous quarterly dividend of $1.64. The ex-dividend date of this dividend was Tuesday, July 29th. ASML's dividend payout ratio is presently 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.