ASML Holding N.V. (NASDAQ:ASML) Shares Sold by Jupiter Asset Management Ltd.

Key Points

• Jupiter Asset Management Ltd. decreased its stake in ASML Holding N.V. by 3.1%, owning 13,403 shares worth approximately $8.88 million after selling 424 shares.
• Several analysts have recently given ASML a consensus rating of "Moderate Buy" with a target price of $923.80, reflecting a mix of hold and buy ratings from different brokerages.
• ASML has announced a quarterly dividend increase to $1.856 per share, with an annualized yield of 1.1%, demonstrating its strong financial performance and commitment to returning value to shareholders.

Jupiter Asset Management Ltd. decreased its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 3.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,403 shares of the semiconductor company's stock after selling 424 shares during the period. Jupiter Asset Management Ltd.'s holdings in ASML were worth $8,881,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Mengis Capital Management Inc. boosted its stake in shares of ASML by 1.3% in the 1st quarter. Mengis Capital Management Inc. now owns 2,604 shares of the semiconductor company's stock valued at $1,725,000 after purchasing an additional 34 shares in the last quarter. Commerce Bank raised its holdings in ASML by 2.3% in the 1st quarter. Commerce Bank now owns 4,278 shares of the semiconductor company's stock worth $2,835,000 after purchasing an additional 95 shares in the last quarter. Moors & Cabot Inc. raised its holdings in ASML by 164.5% in the 1st quarter. Moors & Cabot Inc. now owns 3,028 shares of the semiconductor company's stock worth $2,006,000 after purchasing an additional 1,883 shares in the last quarter. Jefferies Financial Group Inc. raised its holdings in ASML by 251.5% in the 1st quarter. Jefferies Financial Group Inc. now owns 1,891 shares of the semiconductor company's stock worth $1,253,000 after purchasing an additional 1,353 shares in the last quarter. Finally, US Bancorp DE raised its holdings in ASML by 8.0% in the 1st quarter. US Bancorp DE now owns 49,156 shares of the semiconductor company's stock worth $32,573,000 after purchasing an additional 3,635 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on ASML shares. DZ Bank downgraded shares of ASML from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 16th. Erste Group Bank reiterated a "hold" rating on shares of ASML in a research note on Wednesday, July 23rd. Wells Fargo & Company raised their target price on shares of ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Barclays reiterated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Finally, Jefferies Financial Group cut shares of ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Seven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $923.80.

ASML Price Performance

ASML stock traded down $9.73 during midday trading on Tuesday, reaching $689.63. The company's stock had a trading volume of 1,260,094 shares, compared to its average volume of 2,569,454. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $945.05. 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 stock's 50 day simple moving average is $761.66 and its 200 day simple moving average is $725.88. The firm has a market capitalization of $271.31 billion, a PE ratio of 28.78, a P/E/G ratio of 1.42 and a beta of 1.76.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) 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 company had revenue of $8.94 billion during the quarter, compared to analysts' expectations of $8.72 billion. During the same period in the previous year, the company posted $4.01 EPS. ASML's quarterly revenue was up 23.2% compared to the same quarter last year. On average, equities research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th will be given a dividend of $1.856 per share. The ex-dividend date is Tuesday, July 29th. This represents a $7.42 dividend on an annualized basis and a yield of 1.1%. This is a boost from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio (DPR) is 26.21%.

ASML Company 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.