Janney Montgomery Scott LLC Trims Stock Position in ASML Holding N.V. $ASML

Key Points

• Janney Montgomery Scott LLC has reduced its stake in ASML Holding N.V. by 23.1%, now holding 52,943 shares valued at approximately $42.43 million.
• ASML announced a quarterly dividend of $1.856 per share, an increase from its previous dividend, with a current dividend yield of 0.8%.
• Despite missing quarterly earnings estimates, ASML reported a revenue increase of 23.2% year-over-year, demonstrating strong financial performance.

Janney Montgomery Scott LLC reduced its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 23.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 52,943 shares of the semiconductor company's stock after selling 15,913 shares during the quarter. Janney Montgomery Scott LLC's holdings in ASML were worth $42,428,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ASML. Putney Financial Group LLC grew its position in ASML by 322.2% in the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after buying an additional 29 shares during the last quarter. Maseco LLP acquired a new stake in shares of ASML in the 2nd quarter worth $32,000. Banque Cantonale Vaudoise purchased a new stake in shares of ASML in the first quarter valued at about $27,000. Knuff & Co LLC acquired a new position in shares of ASML during the first quarter worth about $33,000. Finally, Wayfinding Financial LLC purchased a new position in ASML during the first quarter worth about $35,000. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Stock Up 0.6%

ASML opened at $968.09 on Wednesday. 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 cap of $380.87 billion, a price-to-earnings ratio of 40.40, a PEG ratio of 1.63 and a beta of 1.80. ASML Holding N.V. has a one year low of $578.51 and a one year high of $977.48. The business's fifty day moving average is $787.89 and its two-hundred day moving average is $747.14.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). ASML had a net margin of 26.95% and a return on equity of 49.47%. The firm had revenue of $8.94 billion during the quarter, compared to analysts' expectations of $8.72 billion. During the same quarter in the prior year, the business earned $4.01 EPS. The company's quarterly revenue 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. Analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were issued a $1.856 dividend. This represents a $7.42 annualized dividend and a dividend yield of 0.8%. This is a boost from ASML's previous quarterly dividend of $1.64. The ex-dividend date of this dividend was Tuesday, July 29th. ASML's payout ratio is currently 26.21%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on ASML shares. Morningstar cut ASML to a "hold" rating in a research report on Thursday, September 18th. New Street Research upgraded ASML from a "neutral" rating to a "buy" rating in a research note on Thursday, July 24th. Barclays reiterated an "overweight" rating on shares of ASML in a research report on Tuesday. Arete Research upgraded shares of ASML to a "strong-buy" rating in a research report on Friday, September 12th. Finally, Erste Group Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research note on Monday, September 22nd. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average 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.

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.