Sovran Advisors LLC Raises Stock Position in ASML Holding N.V. $ASML

Key Points

• Sovran Advisors LLC increased its shares in ASML Holding N.V. by 34.3% during the second quarter, bringing its total holdings to 1,715 shares valued at approximately $1,362,000.
• Wells Fargo & Company raised their target price on ASML from $840.00 to $890.00 and assigned an "overweight" rating, contributing to the stock's average rating of "Moderate Buy" with a consensus target price of $923.80.
• ASML recently announced a quarterly dividend of $1.856 per share, representing an increase from its previous dividend, with an annualized yield of 0.8%.

Sovran Advisors LLC boosted its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 34.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,715 shares of the semiconductor company's stock after buying an additional 438 shares during the quarter. Sovran Advisors LLC's holdings in ASML were worth $1,362,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ASML. Putney Financial Group LLC grew its holdings in shares of ASML by 322.2% in the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 29 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in shares of ASML in the first quarter worth $27,000. Knuff & Co LLC purchased a new stake in shares of ASML in the first quarter worth $33,000. Wayfinding Financial LLC bought a new position in ASML in the first quarter valued at $35,000. Finally, Pinnacle Bancorp Inc. bought a new position in ASML in the first quarter valued at $42,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Price Performance

Shares of ASML traded up $4.35 during trading hours on Friday, reaching $932.15. 2,410,195 shares of the stock traded hands, compared to its average volume of 1,446,665. The company has a market cap of $366.73 billion, a P/E ratio of 38.90, a price-to-earnings-growth ratio of 2.09 and a beta of 1.80. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $938.68. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The company's 50-day moving average price is $759.67 and its two-hundred day moving average price is $734.90.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results 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 for the quarter, compared to analysts' expectations of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. 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 company posted $4.01 earnings per share. 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 business also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were paid a $1.856 dividend. The ex-dividend date was Tuesday, July 29th. This represents a $7.42 dividend on an annualized basis and a yield of 0.8%. This is an increase from ASML's previous quarterly dividend of $1.64. ASML's payout ratio is currently 26.21%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on ASML shares. Barclays reiterated a "neutral" rating on shares of ASML in a report on Tuesday. Erste Group Bank reiterated a "hold" rating on shares of ASML in a report on Wednesday, July 23rd. DZ Bank lowered shares of ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. JPMorgan Chase & Co. restated a "buy" rating on shares of ASML in a report on Tuesday. Finally, UBS Group upgraded shares of ASML from a "neutral" rating to a "buy" rating in a report on Friday, September 5th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $923.80.

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.