Titan Global Capital Management USA LLC Decreases Stock Holdings in 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 trimmed its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 39.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 958 shares of the semiconductor company's stock after selling 626 shares during the quarter. Titan Global Capital Management USA LLC's holdings in ASML were worth $635,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Renaissance Technologies LLC bought a new stake in shares of ASML in the fourth quarter valued at $270,000. Hsbc Holdings PLC grew its position in shares of ASML by 31.0% in the fourth quarter. Hsbc Holdings PLC now owns 83,968 shares of the semiconductor company's stock valued at $58,106,000 after purchasing an additional 19,851 shares in the last quarter. MGO One Seven LLC grew its position in shares of ASML by 104.2% in the fourth quarter. MGO One Seven LLC now owns 2,203 shares of the semiconductor company's stock valued at $1,527,000 after purchasing an additional 1,124 shares in the last quarter. Coppell Advisory Solutions LLC grew its position in shares of ASML by 18.5% in the fourth quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock valued at $67,000 after purchasing an additional 15 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. purchased a new position in shares of ASML in the fourth quarter valued at $19,060,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Trading Down 1.9%

ASML opened at $735.40 on Friday. The firm has a market capitalization of $289.32 billion, a price-to-earnings ratio of 30.69, a PEG ratio of 1.52 and a beta of 1.76. The business has a 50 day simple moving average of $754.90 and a two-hundred day simple moving average of $725.87. ASML Holding N.V. has a one year low of $578.51 and a one year high of $943.99. 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 (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 the consensus estimate of $5.94 by ($1.39). The firm 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%.ASML's revenue for the quarter was up 23.2% on a year-over-year basis. During the same period in the previous year, the company earned $4.01 earnings per share. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts predict that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were given 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 dividend on an annualized basis and a yield of 1.0%. ASML's dividend payout ratio is 26.21%.

Analyst Ratings Changes

Several research firms recently commented on ASML. Wells Fargo & Company boosted their target price on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Erste Group Bank reaffirmed a "hold" rating on shares of ASML in a research note on Wednesday, July 23rd. Citigroup reaffirmed a "buy" rating on shares of ASML in a research note on Monday, May 19th. Sanford C. Bernstein began coverage on ASML in a research note on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price target for the company. Finally, Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $923.80.

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.

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.