Parkwood LLC Acquires 8,897 Shares of ASML Holding N.V. $ASML

Key Points

• Parkwood LLC increased its holdings in ASML Holding N.V. by 62.8% in the first quarter, acquiring an additional 8,897 shares for a total of 23,056 shares, valued at $15.28 million.
• ASML reported a quarterly earnings miss with $4.55 EPS, falling short of the expected $5.94 EPS, although revenue exceeded estimates at $8.94 billion, marking a 23.2% year-over-year increase.
• The company recently declared a quarterly dividend of $1.856 per share, an increase from the previous $1.64, reflecting a positive growth trend in shareholder returns.

Parkwood LLC increased its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 62.8% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,056 shares of the semiconductor company's stock after buying an additional 8,897 shares during the period. Parkwood LLC's holdings in ASML were worth $15,278,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Nissay Asset Management Corp Japan ADV boosted its stake in ASML by 5.9% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 24,173 shares of the semiconductor company's stock valued at $16,018,000 after purchasing an additional 1,353 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in ASML by 8.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 83,267 shares of the semiconductor company's stock valued at $55,178,000 after purchasing an additional 6,500 shares during the last quarter. Hancock Whitney Corp purchased a new stake in ASML during the 1st quarter valued at $333,000. Dorsey Asset Management LLC purchased a new stake in ASML during the 1st quarter valued at $46,762,000. Finally, Eventide Asset Management LLC boosted its stake in ASML by 10.0% during the 1st quarter. Eventide Asset Management LLC now owns 70,550 shares of the semiconductor company's stock valued at $46,755,000 after purchasing an additional 6,422 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on ASML shares. DZ Bank downgraded ASML from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 16th. 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 note on Tuesday, July 8th. Barclays reiterated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Finally, New Street Research raised ASML from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and an average price target of $923.80.

ASML Stock Performance

ASML stock traded up $28.27 during trading on Friday, reaching $781.70. The company had a trading volume of 1,885,291 shares, compared to its average volume of 1,275,275. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $873.65. The firm's 50-day simple moving average is $749.11 and its 200 day simple moving average is $726.11. The firm has a market capitalization of $307.54 billion, a price-to-earnings ratio of 32.63, a price-to-earnings-growth ratio of 1.76 and a beta of 1.80. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing analysts' consensus estimates 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 in the prior year, the business posted $4.01 earnings per share. ASML'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. Sell-side analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

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