Free Trial

KG&L Capital Management LLC Lowers Stock Holdings in ASML Holding N.V. $ASML

ASML logo with Computer and Technology background

Key Points

  • KG&L Capital Management LLC reduced its stake in ASML Holding N.V. by 24.2% during the second quarter, now holding 6,179 shares valued at approximately $4.95 million.
  • ASML recently experienced a mixed analyst sentiment, with the stock receiving a consensus rating of "Moderate Buy" and a target price of $923.80.
  • The company declared an increased quarterly dividend of $1.856, reflecting an annualized yield of 0.8%, up from the previous dividend of $1.64.
  • Five stocks to consider instead of ASML.

KG&L Capital Management LLC trimmed its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 24.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,179 shares of the semiconductor company's stock after selling 1,976 shares during the quarter. ASML makes up approximately 1.5% of KG&L Capital Management LLC's portfolio, making the stock its 17th biggest holding. KG&L Capital Management LLC's holdings in ASML were worth $4,952,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of recent analyst reports. Barclays reaffirmed a "neutral" rating on shares of ASML in a research note on Tuesday, September 16th. Jefferies Financial Group downgraded shares of ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Morgan Stanley raised shares of ASML from an "equal weight" rating to an "overweight" rating in a research note on Monday, September 22nd. Morningstar downgraded shares of ASML to a "hold" rating in a research note on Thursday, September 18th. Finally, DZ Bank reaffirmed a "neutral" rating on shares of ASML in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $923.80.

Get Our Latest Report on ASML

ASML Stock Up 0.2%

Shares of ASML stock opened at $951.52 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $977.48. The stock has a market capitalization of $374.35 billion, a price-to-earnings ratio of 39.71, a P/E/G ratio of 1.61 and a beta of 1.80. The company's 50 day moving average price is $777.78 and its 200-day moving average price is $743.51.

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

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were issued a $1.856 dividend. This represents a $7.42 annualized dividend and a yield of 0.8%. This is an increase from ASML's previous quarterly dividend of $1.64. The ex-dividend date was Tuesday, July 29th. ASML's dividend payout ratio (DPR) is presently 26.21%.

ASML Profile

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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.

Should You Invest $1,000 in ASML Right Now?

Before you consider ASML, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ASML wasn't on the list.

While ASML currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Best & Worst Stocks in the Market Right Now
October Slowdown? 5 Signs to Watch Now
America Is Rebuilding — 3 Stocks Set to Soar

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines