Wellington Management Group LLP Cuts Stock Holdings in ASML Holding N.V. $ASML

Key Points

• Wellington Management Group LLP reduced its holdings in ASML Holding N.V. by 2.8% during the first quarter, selling 22,435 shares, and now owns roughly 784,822 shares valued at approximately $520 million.
• ASML recently announced an increase in its quarterly dividend to $1.856 per share, a rise from the previous $1.64, resulting in an annualized dividend yield of 1.0%.
• Despite reporting an EPS of $4.55 that missed analysts' expectations, ASML's revenue for the quarter rose by 23.2% year-over-year, amounting to $8.94 billion.

Wellington Management Group LLP reduced its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 2.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 784,822 shares of the semiconductor company's stock after selling 22,435 shares during the quarter. Wellington Management Group LLP owned about 0.20% of ASML worth $520,047,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Cornerstone Select Advisors LLC lifted its stake in shares of ASML by 55.4% in the first quarter. Cornerstone Select Advisors LLC now owns 690 shares of the semiconductor company's stock worth $457,000 after acquiring an additional 246 shares during the period. Aptus Capital Advisors LLC lifted its stake in shares of ASML by 14.6% in the first quarter. Aptus Capital Advisors LLC now owns 2,455 shares of the semiconductor company's stock worth $1,627,000 after acquiring an additional 312 shares during the period. Aviso Financial Inc. lifted its stake in shares of ASML by 16.5% in the first quarter. Aviso Financial Inc. now owns 4,670 shares of the semiconductor company's stock worth $3,094,000 after acquiring an additional 661 shares during the period. Northern Trust Corp lifted its stake in shares of ASML by 3.4% in the first quarter. Northern Trust Corp now owns 690,566 shares of the semiconductor company's stock worth $457,590,000 after acquiring an additional 22,541 shares during the period. Finally, Brooklyn Investment Group lifted its stake in shares of ASML by 411.3% in the first quarter. Brooklyn Investment Group now owns 1,677 shares of the semiconductor company's stock worth $1,111,000 after acquiring an additional 1,349 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. 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. Sanford C. Bernstein assumed coverage on ASML in a research note on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price target on the stock. Citigroup reissued a "buy" rating on shares of ASML in a research note on Monday, May 19th. Finally, Erste Group Bank reissued a "hold" rating on shares of ASML in a research note on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, ASML currently has an average rating of "Moderate Buy" and an average price target of $923.80.

ASML Stock Up 2.7%

Shares of NASDAQ ASML traded up $19.49 during midday trading on Friday, hitting $754.89. 1,453,889 shares of the stock traded hands, compared to its average volume of 1,572,704. The company has a market cap of $296.99 billion, a PE ratio of 31.51, a P/E/G ratio of 1.53 and a beta of 1.76. ASML Holding N.V. has a one year low of $578.51 and a one year high of $922.13. The business has a 50 day moving average price of $754.78 and a two-hundred day moving average price of $725.92. 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 released its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing the consensus estimate of $5.94 by ($1.39). The firm had revenue of $8.94 billion for the quarter, compared to the consensus estimate of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The company's revenue was up 23.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts predict that ASML Holding N.V. will post 25.17 EPS for the current 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 positive change from ASML's previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Tuesday, July 29th. ASML's dividend payout ratio is presently 26.21%.

ASML 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.