The Manufacturers Life Insurance Company Has $79.55 Million Stake in ASML Holding N.V. $ASML

Key Points

• The Manufacturers Life Insurance Company reduced its stake in ASML Holding N.V. by 16.3% in the first quarter, owning 120,052 shares valued at approximately $79.55 million after selling 23,440 shares.
• ASML's recent quarterly earnings revealed earnings per share (EPS) of $4.55, missing analysts' expectations of $5.94, while revenue increased by 23.2% year-over-year to $8.94 billion.
• The company has increased its quarterly dividend from $1.64 to $1.856, representing a yield of 1.0% and an annualized payout of $7.42.

The Manufacturers Life Insurance Company trimmed its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 16.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 120,052 shares of the semiconductor company's stock after selling 23,440 shares during the period. The Manufacturers Life Insurance Company's holdings in ASML were worth $79,554,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings 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 acquiring an additional 1,398,805 shares during the period. T. Rowe Price Investment Management Inc. bought a new stake in ASML in the first quarter valued at $360,262,000. Invesco Ltd. lifted its stake in ASML by 101.0% in 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 during the last quarter. Goldman Sachs Group Inc. lifted its stake in ASML by 26.5% in the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company's stock valued at $631,079,000 after buying an additional 199,740 shares during the last quarter. Finally, First Manhattan CO. LLC. lifted its stake in ASML by 59.4% in the fourth quarter. First Manhattan CO. LLC. now owns 439,890 shares of the semiconductor company's stock valued at $307,374,000 after buying an additional 163,945 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Trading Down 2.7%

ASML traded down $20.84 during trading on Friday, reaching $742.62. The company had a trading volume of 1,316,127 shares, compared to its average volume of 1,258,002. The firm's 50-day simple moving average is $754.35 and its 200 day simple moving average is $726.08. The company has a market cap of $292.16 billion, a price-to-earnings ratio of 30.99, a PEG ratio of 1.51 and a beta of 1.80. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $914.53. 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 (NASDAQ:ASML - Get Free Report) last issued its quarterly 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). The company had revenue of $8.94 billion during the quarter, compared to analysts' expectations of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.The company's revenue for the quarter was up 23.2% compared to the same quarter last year. During the same period in the prior year, the business posted $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders 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 of this dividend was Tuesday, July 29th. This represents a $7.42 annualized dividend and a yield of 1.0%. ASML's dividend payout ratio (DPR) is presently 26.21%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Sanford C. Bernstein assumed coverage on shares of ASML in a research note on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price objective on the stock. Jefferies Financial Group cut shares of ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Citigroup restated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Erste Group Bank restated a "hold" rating on shares of ASML in a research note on Wednesday, July 23rd. Finally, DZ Bank cut shares of ASML from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, ASML presently has a consensus rating of "Moderate Buy" and an average price target 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.