Novem Group Has $1.14 Million Position in ASML Holding N.V. $ASML

Key Points

• Novem Group reduced its stake in ASML Holding N.V. by 16% during the second quarter, leaving it with a position worth $1.14 million after selling 271 shares.
• ASML's recent earnings report indicates a miss on earnings per share expectations, reporting $4.55 compared to the consensus of $5.94, despite a revenue increase to $8.94 billion.
• The company also announced an increase in its quarterly dividend from $1.64 to $1.856, with an annualized yield of 0.8%.

Novem Group cut its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 16.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,420 shares of the semiconductor company's stock after selling 271 shares during the quarter. Novem Group's holdings in ASML were worth $1,138,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. GAMMA Investing LLC lifted its holdings in ASML by 70,115.5% during the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after buying an additional 1,398,805 shares during the period. Goldman Sachs Group Inc. lifted its holdings in ASML by 26.5% during the 1st 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 raised its position in shares of ASML by 0.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company's stock worth $600,175,000 after acquiring an additional 7,164 shares in the last quarter. Invesco Ltd. raised its position in shares of ASML by 101.0% in the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock worth $484,562,000 after acquiring an additional 367,505 shares in the last quarter. Finally, Fayez Sarofim & Co raised its position in shares of ASML by 2.7% in the 1st quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company's stock worth $470,910,000 after acquiring an additional 18,516 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ASML has been the subject of several research analyst reports. DZ Bank lowered ASML from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 16th. UBS Group raised ASML from a "neutral" rating to a "buy" rating in a research report on Friday, September 5th. Wells Fargo & Company lifted their price objective on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Sanford C. Bernstein initiated coverage on ASML in a research report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price objective for the company. Finally, Erste Group Bank raised ASML from a "hold" rating to a "buy" rating in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, ASML has an average rating of "Moderate Buy" and an average price target of $923.80.

ASML Stock Performance

Shares of ASML stock opened at $949.55 on Friday. The firm has a market capitalization of $373.57 billion, a price-to-earnings ratio of 39.63, a PEG ratio of 1.60 and a beta of 1.80. ASML Holding N.V. has a one year low of $578.51 and a one year high of $977.48. The business has a 50-day simple moving average of $773.44 and a 200 day simple moving average of $741.43. 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 posted its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share 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 the consensus estimate of $8.72 billion. During the same quarter in the prior year, the business earned $4.01 EPS. The firm's revenue for the quarter 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. On average, research analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

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

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