QRG Capital Management Inc. Sells 452 Shares of ASML Holding N.V. $ASML

QRG Capital Management Inc. decreased its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 26,533 shares of the semiconductor company’s stock after selling 452 shares during the quarter. QRG Capital Management Inc.’s holdings in ASML were worth $21,263,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. UMB Bank n.a. lifted its position in shares of ASML by 4.3% during the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock worth $254,000 after purchasing an additional 13 shares during the last quarter. Rossmore Private Capital increased its stake in ASML by 0.3% in the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock worth $2,880,000 after buying an additional 14 shares during the period. Baring Financial LLC lifted its holdings in ASML by 2.8% during the 2nd quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock valued at $409,000 after buying an additional 14 shares in the last quarter. Sage Mountain Advisors LLC boosted its position in ASML by 2.6% in the 1st quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company’s stock valued at $399,000 after buying an additional 15 shares during the period. Finally, Manchester Capital Management LLC grew its stake in ASML by 15.2% in 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 hedge funds and other institutional investors.

ASML Stock Up 0.2%

ASML stock opened at $1,032.22 on Friday. The stock has a market capitalization of $406.10 billion, a PE ratio of 43.08, a price-to-earnings-growth ratio of 1.74 and a beta of 1.87. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,040.23. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. The firm has a 50 day moving average of $806.14 and a 200 day moving average of $753.18.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.94 by ($1.39). The company 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%.The company’s quarterly revenue was up 23.2% on a year-over-year basis. During the same period in the prior year, the business posted $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts forecast that ASML Holding N.V. will post 25.17 earnings per share 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 $1.856 dividend. This is a boost from ASML’s previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, July 29th. ASML’s dividend payout ratio is currently 26.21%.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Mizuho upgraded ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Jefferies Financial Group cut ASML from a “buy” rating to a “hold” rating in a report on Thursday, June 26th. Sanford C. Bernstein restated a “neutral” rating on shares of ASML in a research note on Tuesday, September 30th. UBS Group restated a “buy” rating on shares of ASML in a report on Wednesday. Finally, Barclays reiterated an “overweight” rating on shares of ASML in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average target price 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.