Spectrum Asset Management Inc. NB CA Makes New Investment in ASML Holding N.V. $ASML

Key Points

• Spectrum Asset Management Inc. acquired a new stake in ASML Holding N.V. by purchasing 714 shares worth approximately $572,000 in Q2.
• ASML reported a quarterly earnings per share (EPS) of $4.55, which missed analyst expectations of $5.94, while the company's revenue increased 23.2% year-over-year.
• The company recently declared an increase in its quarterly dividend from $1.64 to $1.856, with an annualized dividend yield of 0.7% and a payout ratio of 26.21%.

Spectrum Asset Management Inc. NB CA bought a new stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 714 shares of the semiconductor company's stock, valued at approximately $572,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. raised 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 purchasing an additional 199,740 shares during the last quarter. Dimensional Fund Advisors LP grew its position 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 worth $600,175,000 after buying an additional 7,164 shares during the period. Invesco Ltd. grew its position in shares of ASML by 101.0% during the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock worth $484,562,000 after buying an additional 367,505 shares during the period. Fayez Sarofim & Co raised its stake in shares of ASML by 2.7% during the first quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company's stock worth $470,910,000 after buying an additional 18,516 shares during the last quarter. Finally, First Manhattan CO. LLC. lifted its holdings in ASML by 61.0% in the first quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company's stock valued at $469,183,000 after buying an additional 268,172 shares during the period. Institutional investors own 26.07% of the company's stock.

ASML Stock Performance

Shares of ASML stock opened at $1,002.30 on Wednesday. The stock's fifty day simple moving average is $818.08 and its 200 day simple moving average is $757.31. 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 has a market capitalization of $394.32 billion, a PE ratio of 41.83, a PEG ratio of 1.76 and a beta of 1.87. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,059.00.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly 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 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 revenue was up 23.2% compared to the same quarter last year. During the same quarter last year, the company earned $4.01 earnings per share. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts predict that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently declared 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 of this dividend was Tuesday, July 29th. This is an increase from ASML's previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a yield of 0.7%. ASML's payout ratio is presently 26.21%.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of analyst reports. Sanford C. Bernstein reaffirmed a "neutral" rating on shares of ASML in a report on Tuesday, September 30th. Mizuho raised ASML from a "neutral" rating to an "outperform" rating in a research note on Monday, September 29th. Citigroup reiterated a "buy" rating on shares of ASML in a report on Tuesday. New Street Research restated a "neutral" rating on shares of ASML in a report on Monday. Finally, Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, ASML has an average rating of "Moderate Buy" and an average target price of $938.80.

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.

Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.