Zevenbergen Capital Investments LLC Decreases Stock Holdings in ASML Holding N.V. $ASML

Key Points

• Zevenbergen Capital Investments LLC reduced its stake in ASML Holding N.V. by 2.8%, now owning 13,472 shares valued at approximately $10.8 million.
• Several hedge funds significantly increased their positions in ASML during the first quarter, including GAMMA Investing LLC, which lifted its stake by over 70,000%.
• ASML recently announced an increased quarterly dividend of $1.856 per share, which reflects a higher annualized dividend yield of 0.9%.

Zevenbergen Capital Investments LLC cut its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 2.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,472 shares of the semiconductor company's stock after selling 381 shares during the quarter. Zevenbergen Capital Investments LLC's holdings in ASML were worth $10,796,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in ASML. Putney Financial Group LLC lifted its stake in ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 29 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in shares of ASML in the 1st quarter worth approximately $27,000. Knuff & Co LLC bought a new position in ASML in the 1st quarter valued at approximately $33,000. Wayfinding Financial LLC bought a new position in ASML in the 1st quarter valued at approximately $35,000. Finally, Pinnacle Bancorp Inc. bought a new position in shares of ASML during the 1st quarter valued at $42,000. Institutional investors own 26.07% of the company's stock.

ASML Price Performance

ASML stock traded up $9.71 during midday trading on Friday, reaching $813.87. The company had a trading volume of 1,018,951 shares, compared to its average volume of 1,209,897. The company has a market capitalization of $320.19 billion, a P/E ratio of 33.97, a P/E/G ratio of 1.84 and a beta of 1.80. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $873.65. The firm's fifty day simple moving average is $749.77 and its 200-day simple moving average is $728.66. 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 released its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). The business had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The firm's revenue was up 23.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts anticipate 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 given a dividend of $1.856 per share. This is an increase 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 annualized dividend and a dividend yield of 0.9%. ASML's dividend payout ratio is presently 26.21%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. New Street Research raised ASML from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th. Wells Fargo & Company lifted their price target on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Sanford C. Bernstein assumed coverage on ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price for the company. DZ Bank lowered ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. Finally, UBS Group upgraded ASML from a "neutral" rating to a "buy" rating in a report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and a consensus price target 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.