Titan Global Capital Management USA LLC Sells 626 Shares of ASML Holding N.V. $ASML

Key Points

• Titan Global Capital Management USA LLC reduced its holdings in ASML Holding N.V. by 39.5% in the first quarter, bringing its total shares to 958, valued at approximately $635,000.
• ASML Holdings recently reported earnings of $4.55 per share, missing estimates by $1.39, despite a year-over-year revenue increase of 23.2%.
• The company also increased its quarterly dividend to $1.856 per share, up from the previous $1.64, reflecting a dividend yield of 1.0%.

Titan Global Capital Management USA LLC reduced its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 39.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 958 shares of the semiconductor company's stock after selling 626 shares during the period. Titan Global Capital Management USA LLC's holdings in ASML were worth $635,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in ASML by 70,115.5% during the first 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 in the last quarter. T. Rowe Price Investment Management Inc. bought a new position in ASML during the first quarter worth about $360,262,000. Invesco Ltd. lifted its holdings in ASML by 101.0% during the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock worth $484,562,000 after acquiring an additional 367,505 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in ASML by 26.5% during the first quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company's stock worth $631,079,000 after acquiring an additional 199,740 shares in the last quarter. Finally, First Manhattan CO. LLC. lifted its holdings in ASML by 59.4% during the fourth quarter. First Manhattan CO. LLC. now owns 439,890 shares of the semiconductor company's stock worth $307,374,000 after acquiring an additional 163,945 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ASML. Citigroup reissued a "buy" rating on shares of ASML in a research note on Monday, May 19th. Barclays reissued an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. New Street Research raised ASML from a "neutral" rating to a "buy" rating in a research note on Thursday, July 24th. DZ Bank downgraded ASML from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 16th. Finally, Wells Fargo & Company lifted their price target on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. One investment 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 stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $923.80.

ASML Stock Performance

NASDAQ ASML traded up $3.78 during trading on Tuesday, reaching $758.24. 425,571 shares of the company's stock were exchanged, compared to its average volume of 1,717,395. The business has a 50 day moving average price of $754.36 and a 200-day moving average price of $726.01. The stock has a market capitalization of $298.31 billion, a P/E ratio of 31.64, a PEG ratio of 1.53 and a beta of 1.76. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $914.53.

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 for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). The business had revenue of $8.94 billion for the quarter, compared to analyst estimates of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.ASML's quarterly revenue was up 23.2% compared to the same quarter last year. During the same period last year, the firm earned $4.01 EPS. 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 company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were issued a dividend of $1.856 per share. This is a boost from ASML's previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Tuesday, July 29th. ASML's dividend payout ratio is presently 26.17%.

About ASML

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.