Triple Frond Partners LLC Acquires New Position in ASML Holding N.V. $ASML

Key Points

• Triple Frond Partners LLC made a new investment of $52.55 million in ASML Holding N.V., acquiring approximately 79,300 shares of the semiconductor company.
• ASML recently declared an increased quarterly dividend of $1.856 per share, up from the previous $1.64, marking an annualized yield of 1.0%.
• Wall Street analysts maintain a consensus rating of "Moderate Buy" for ASML, with an average price target of $923.80.

Triple Frond Partners LLC acquired a new position in ASML Holding N.V. (NASDAQ:ASML - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 79,300 shares of the semiconductor company's stock, valued at approximately $52,547,000. ASML accounts for approximately 7.1% of Triple Frond Partners LLC's investment portfolio, making the stock its 6th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of ASML. Renaissance Technologies LLC purchased a new stake in ASML in the fourth quarter worth about $270,000. Commerce Bank grew its holdings in ASML by 16.6% in the fourth quarter. Commerce Bank now owns 4,183 shares of the semiconductor company's stock worth $2,899,000 after purchasing an additional 594 shares during the period. Capital Research Global Investors grew its holdings in ASML by 35.5% in the fourth quarter. Capital Research Global Investors now owns 5,129 shares of the semiconductor company's stock worth $3,570,000 after purchasing an additional 1,344 shares during the period. Norinchukin Bank The grew its holdings in ASML by 1.8% in the fourth quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock worth $594,000 after purchasing an additional 15 shares during the period. Finally, MML Investors Services LLC grew its holdings in ASML by 27.1% in the fourth quarter. MML Investors Services LLC now owns 42,852 shares of the semiconductor company's stock worth $29,700,000 after purchasing an additional 9,129 shares during the period. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Stock Performance

ASML stock traded up $19.4760 during midday trading on Friday, reaching $754.8760. 1,155,123 shares of the company traded hands, compared to its average volume of 1,729,316. The firm has a market capitalization of $296.98 billion, a price-to-earnings ratio of 31.51, a price-to-earnings-growth ratio of 1.52 and a beta of 1.76. The business has a 50 day moving average of $754.90 and a two-hundred day moving average of $725.87. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $922.13. 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 data 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). ASML had a net margin of 26.95% and a return on equity of 49.47%. The company had revenue of $8.94 billion for the quarter, compared to the consensus estimate of $8.72 billion. During the same quarter last year, the company earned $4.01 EPS. The firm's revenue for the quarter was up 23.2% on a year-over-year basis. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were paid a $1.856 dividend. This represents a $7.42 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, July 29th. This is an increase from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio is 26.21%.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of recent analyst reports. DZ Bank cut shares of ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. Sanford C. Bernstein initiated coverage on shares of ASML in a report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price target on the stock. Jefferies Financial Group cut shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Barclays reiterated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Finally, Citigroup reiterated a "buy" rating on shares of ASML in a report on Monday, May 19th. One equities 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 company. Based on data from MarketBeat, the company presently 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.