Tocqueville Asset Management L.P. Has $7.84 Million Stock Position in ASML Holding N.V. $ASML

Key Points

• Tocqueville Asset Management L.P. increased its stake in ASML Holding N.V. by 52.7%, acquiring an additional 4,081 shares to bring their total holding to 11,830 shares, valued at approximately $7.84 million.
• ASML recently declared a quarterly dividend of $1.856, an increase from the previous dividend of $1.64, representing an annualized yield of 1.0%.
• Although ASML reported earnings per share of $4.55 for the last quarter, it fell short of analysts' estimates of $5.94, despite revenue growth of 23.2% year-over-year.

Tocqueville Asset Management L.P. increased its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 52.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,830 shares of the semiconductor company's stock after acquiring an additional 4,081 shares during the quarter. Tocqueville Asset Management L.P.'s holdings in ASML were worth $7,839,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Rossmore Private Capital grew its stake in ASML by 0.3% in the first quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company's stock valued at $2,880,000 after purchasing an additional 14 shares in the last quarter. Norinchukin Bank The grew its stake in ASML by 1.8% in the fourth quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock valued at $594,000 after purchasing an additional 15 shares in the last quarter. Coppell Advisory Solutions LLC grew its stake in 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. Sage Mountain Advisors LLC lifted its position in shares of ASML by 2.6% in the first quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company's stock worth $399,000 after buying an additional 15 shares during the last quarter. Finally, Manchester Capital Management LLC boosted its stake in shares of ASML by 15.2% during the 1st quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company's stock worth $76,000 after acquiring an additional 15 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

NASDAQ:ASML traded up $3.1890 during mid-day trading on Wednesday, hitting $746.7990. 1,028,500 shares of the company's stock traded hands, compared to its average volume of 1,736,112. The firm has a 50 day moving average of $756.61 and a two-hundred day moving average of $725.68. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $945.05. The firm has a market capitalization of $293.81 billion, a price-to-earnings ratio of 31.20, a price-to-earnings-growth ratio of 1.52 and a beta of 1.76. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last announced its 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). ASML had a net margin of 26.95% and a return on equity of 49.47%. The business had revenue of $8.94 billion for the quarter, compared to the consensus estimate of $8.72 billion. During the same quarter in the previous year, the company earned $4.01 EPS. ASML's revenue for the quarter was up 23.2% compared to the same quarter last year. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were paid a dividend of $1.856 per share. This represents a $7.42 annualized dividend and a yield of 1.0%. The ex-dividend date was Tuesday, July 29th. This is a positive change from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio is currently 26.17%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. New Street Research upgraded 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. Citigroup reiterated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Wells Fargo & Company upped their price target on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Finally, Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus 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.