Ninety One UK Ltd Sells 5,247 Shares of ASML Holding N.V. $ASML

Key Points

• Ninety One UK Ltd sold 5,247 shares of ASML Holding N.V., trimming its holdings by 8.0% and leaving it with 60,391 shares worth $48,397,000.
• Despite the share sale, ASML has received positive analyst ratings, with firms like Wells Fargo increasing their target price to $890.00 and several analysts assigning a "Moderate Buy" consensus rating.
• ASML recently announced a quarterly dividend of $1.856, reflecting an increase from its previous dividend, which indicates a robust financial position and commitment to returning value to shareholders.

Ninety One UK Ltd trimmed its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 8.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,391 shares of the semiconductor company's stock after selling 5,247 shares during the quarter. Ninety One UK Ltd's holdings in ASML were worth $48,397,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ASML. Putney Financial Group LLC boosted its position in shares of ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 29 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in shares of ASML during the first quarter worth $27,000. Maseco LLP bought a new position in shares of ASML during the 2nd quarter valued at about $32,000. Knuff & Co LLC bought a new position in shares of ASML during the 1st quarter valued at about $33,000. Finally, Wayfinding Financial LLC bought a new position in shares of ASML during the 1st quarter valued at about $35,000. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ASML shares. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Arete Research raised ASML to a "strong-buy" rating in a research note on Friday, September 12th. Wells Fargo & Company increased their target price on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. UBS Group upgraded ASML from a "neutral" rating to a "buy" rating in a research report on Friday, September 5th. Finally, Sanford C. Bernstein reiterated a "neutral" rating on shares of ASML in a research report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $923.80.

ASML Price Performance

NASDAQ:ASML opened at $968.09 on Wednesday. The firm has a market capitalization 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 1 year low of $578.51 and a 1 year high of $977.48. The business has a 50 day simple moving average of $787.89 and a 200-day simple moving average of $747.14. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81.

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

ASML Increases Dividend

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

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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