Meritage Portfolio Management Has $18.67 Million Stake in ASML Holding N.V. $ASML

Key Points

• Meritage Portfolio Management has reduced its stake in ASML Holding N.V. by 8.8%, now holding 23,294 shares valued at approximately $18.67 million, making it the firm's 14th largest investment.
• ASML recently reported an EPS of $4.55 for the last quarter, missing the consensus estimate, although its revenue increased 23.2% year-over-year.
• The company has increased its quarterly dividend to $1.856, reflecting a positive change from the previous dividend, with an annual yield of 0.8%.

Meritage Portfolio Management trimmed its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 8.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,294 shares of the semiconductor company's stock after selling 2,249 shares during the period. ASML comprises about 1.2% of Meritage Portfolio Management's investment portfolio, making the stock its 14th largest holding. Meritage Portfolio Management's holdings in ASML were worth $18,668,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its position in shares of ASML by 26.5% during the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company's stock worth $631,079,000 after buying an additional 199,740 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of ASML by 0.8% during the first quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company's stock worth $600,175,000 after buying an additional 7,164 shares during the period. Invesco Ltd. boosted its position in shares of ASML by 101.0% during the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock worth $484,562,000 after buying an additional 367,505 shares during the period. Fayez Sarofim & Co increased its stake in ASML by 2.7% in the 1st quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company's stock valued at $470,910,000 after buying an additional 18,516 shares during the last quarter. Finally, First Manhattan CO. LLC. increased its stake in ASML by 61.0% in the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company's stock valued at $469,183,000 after buying an additional 268,172 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Price Performance

NASDAQ:ASML opened at $936.19 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. The stock's 50 day moving average price is $834.05 and its two-hundred day moving average price is $762.48. The firm has a market capitalization of $368.18 billion, a price-to-earnings ratio of 39.07, a P/E/G ratio of 1.58 and a beta of 1.87. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,059.00.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.94 by ($1.39). The business 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%. ASML's quarterly revenue was up 23.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, 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 disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were paid a $1.856 dividend. This is a positive change from ASML's previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a yield of 0.8%. The ex-dividend date was Tuesday, July 29th. ASML's dividend payout ratio is currently 26.21%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ASML shares. Susquehanna lifted their price target on shares of ASML from $965.00 to $1,150.00 and gave the company a "positive" rating in a research note on Friday. Hsbc Global Res raised ASML to a "strong-buy" rating in a research report on Monday, October 6th. Sanford C. Bernstein reissued a "market perform" rating and set a $935.00 price target on shares of ASML in a research report on Thursday. Wells Fargo & Company increased their price target on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Finally, Erste Group Bank raised ASML from a "hold" rating to a "buy" rating in a research report on Monday, September 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, ASML presently has a consensus rating of "Moderate Buy" and an average target price of $1,001.60.

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.

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