Logan Capital Management Inc. Decreases Stock Holdings in ASML Holding N.V. $ASML

Key Points

• Logan Capital Management Inc. reduced its stake in ASML Holding N.V. by 15.4%, retaining 4,993 shares valued at approximately $3.31 million, according to a recent SEC filing.
• ASML's stock experienced a slight increase of 1.1%, trading at $805.13, following a quarter where the company reported earnings per share of $4.55, missing analyst expectations.
• The company announced a quarterly dividend of $1.856 per share, reflecting an annualized yield of 0.9%, an increase from its previous dividend of $1.64.

Logan Capital Management Inc. reduced its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 15.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,993 shares of the semiconductor company's stock after selling 906 shares during the period. Logan Capital Management Inc.'s holdings in ASML were worth $3,309,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of ASML. Putney Financial Group LLC increased its stake in ASML by 322.2% in the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 29 shares during the period. Banque Cantonale Vaudoise purchased a new position in ASML in the 1st quarter worth approximately $27,000. Knuff & Co LLC purchased a new position in ASML in the 1st quarter worth approximately $33,000. Wayfinding Financial LLC purchased a new position in ASML in the 1st quarter worth approximately $35,000. Finally, Pinnacle Bancorp Inc. purchased a new position in ASML in the 1st quarter worth approximately $42,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

ASML stock traded up $9.71 during trading on Friday, reaching $813.87. The stock had a trading volume of 1,018,951 shares, compared to its average volume of 1,697,016. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $873.65. The stock's 50 day moving average is $749.37 and its two-hundred day moving average is $728.00. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The firm has a market cap of $320.19 billion, a PE ratio of 33.97, a PEG ratio of 1.79 and a beta of 1.80.

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

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were given a dividend of $1.856 per share. This is an increase from ASML's previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Tuesday, July 29th. ASML's dividend payout ratio (DPR) is 26.21%.

Analysts Set New Price Targets

ASML has been the topic of a number of recent analyst reports. New Street Research upgraded ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. Jefferies Financial Group lowered shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Erste Group Bank reaffirmed a "hold" rating on shares of ASML in a research report on Wednesday, July 23rd. Sanford C. Bernstein initiated coverage on shares of ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price target on the stock. Finally, Citigroup reaffirmed a "buy" rating on shares of ASML in a research report on Monday, May 19th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus 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.