Park Avenue Securities LLC Trims Stock Holdings in ASML Holding N.V. $ASML

Key Points

• Park Avenue Securities LLC has decreased its stake in ASML Holding N.V. by 27.1%, now holding shares worth $6.61 million following the sale of 3,062 shares.
• Analyst ratings for ASML have shown positive momentum, with firms like UBS and New Street Research upgrading the stock to a Buy rating, while the average price target is set at $923.80.
• ASML recently increased its quarterly dividend to $1.856, up from $1.64, resulting in an annual yield of 0.8% and a payout ratio of 26.21%.

Park Avenue Securities LLC cut its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 27.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,249 shares of the semiconductor company's stock after selling 3,062 shares during the period. Park Avenue Securities LLC's holdings in ASML were worth $6,611,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ASML. GAMMA Investing LLC raised its position in shares of 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 purchasing an additional 1,398,805 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in ASML by 26.5% during the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company's stock valued at $631,079,000 after purchasing an additional 199,740 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of ASML by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company's stock valued at $600,175,000 after buying an additional 7,164 shares during the period. Invesco Ltd. raised its holdings in ASML by 101.0% during the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock valued at $484,562,000 after buying an additional 367,505 shares in the last quarter. Finally, Fayez Sarofim & Co increased its stake in shares of ASML by 2.7% in the first quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company's stock worth $470,910,000 after purchasing an additional 18,516 shares during the period. Hedge funds and other institutional investors own 26.07% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Morgan Stanley raised ASML from an "equal weight" rating to an "overweight" rating in a report on Monday. Arete Research upgraded shares of ASML to a "strong-buy" rating in a research report on Friday, September 12th. Erste Group Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research report on Monday. New Street Research raised shares of ASML from a "neutral" rating to a "buy" rating in a research note on Thursday, July 24th. Finally, Barclays reissued a "neutral" rating on shares of ASML in a research report on Tuesday, September 16th. Two equities research 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $923.80.

ASML Stock Up 2.8%

ASML stock traded up $25.65 during midday trading on Monday, hitting $957.80. 1,883,223 shares of the company's stock were exchanged, compared to its average volume of 1,494,393. The firm has a 50-day moving average of $762.69 and a two-hundred day moving average of $736.58. The company has a market cap of $376.82 billion, a PE ratio of 39.97, a P/E/G ratio of 1.57 and a beta of 1.80. 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 12 month low of $578.51 and a 12 month high of $964.54.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. ASML's revenue was up 23.2% compared to the same quarter last year. During the same period in the previous year, the company posted $4.01 earnings per share. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were paid a dividend of $1.856 per share. 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 is currently 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.