Rule One Partners LLC Sells 11,500 Shares of ASML Holding N.V. $ASML

Rule One Partners LLC decreased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 61.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,101 shares of the semiconductor company’s stock after selling 11,500 shares during the quarter. ASML comprises approximately 9.3% of Rule One Partners LLC’s portfolio, making the stock its 5th biggest holding. Rule One Partners LLC’s holdings in ASML were worth $9,379,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Empowered Funds LLC boosted its position in shares of ASML by 26.5% during the 1st quarter. Empowered Funds LLC now owns 19,539 shares of the semiconductor company’s stock worth $25,808,000 after purchasing an additional 4,092 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of ASML by 63.4% in the 1st quarter. The Manufacturers Life Insurance Company now owns 46,731 shares of the semiconductor company’s stock valued at $61,712,000 after purchasing an additional 18,127 shares in the last quarter. KCM Investment Advisors LLC increased its holdings in shares of ASML by 4.5% in the 1st quarter. KCM Investment Advisors LLC now owns 257 shares of the semiconductor company’s stock valued at $339,000 after purchasing an additional 11 shares in the last quarter. Excelsior Advisor Network LLC lifted its stake in shares of ASML by 7.5% in the first quarter. Excelsior Advisor Network LLC now owns 215 shares of the semiconductor company’s stock valued at $284,000 after purchasing an additional 15 shares during the period. Finally, Quantinno Capital Management LP lifted its stake in shares of ASML by 19.8% in the first quarter. Quantinno Capital Management LP now owns 59,978 shares of the semiconductor company’s stock valued at $79,222,000 after purchasing an additional 9,929 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML’s competitive advantage remains substantial. J.P. Morgan reportedly viewed the selloff as “disproportionate,” noting that ASML still has a significant production and technology edge over Chinese competitors. Why J.P. Morgan Says the ASML Stock Selloff Is Disproportionate
• Positive Sentiment: Long-term AI-related demand remains a support. An analyst argued that ASML’s AI growth outlook has entered a new phase, with multi-year visibility for system sales and increasing adoption of its advanced High-NA extreme ultraviolet (EUV) systems. ASML AI Growth Story Has Entered a New Phase
• Positive Sentiment: The company continued its share buyback program, repurchasing roughly €390 million of shares over five trading sessions, potentially providing some support for per-share value. ASML Reports Transactions Under Its Current Share Buyback Program
• Neutral Sentiment: The broader semiconductor sector also weakened as investors shifted from early optimism about AI infrastructure spending to concerns about China’s progress in chipmaking equipment, amplifying pressure on ASML and other chip stocks. ASML Stock Plunges on China News, Leads Chip Stocks Lower
• Negative Sentiment: China’s reported DUV breakthrough is the primary near-term risk. State-backed equipment is reportedly expected to reach major Chinese manufacturers, including SMIC, Hua Hong Semiconductor and ChangXin Memory Technologies. This could threaten ASML’s sales of legacy DUV tools in China and increase concerns about future regional competition. ASML Stock Sinks as China Reportedly Starts Producing Homegrown DUV Chip Machines

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Freedom Capital raised shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Citigroup reiterated a “buy” rating on shares of ASML in a research report on Friday, July 17th. Royal Bank Of Canada boosted their price target on ASML from $1,700.00 to $2,000.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 14th. Sanford C. Bernstein upped their price target on ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research note on Friday, July 10th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average price target of $1,970.33.

ASML Stock Performance

NASDAQ:ASML opened at $1,655.26 on Tuesday. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $650.99 billion, a P/E ratio of 51.50, a price-to-earnings-growth ratio of 0.90 and a beta of 1.78. The firm has a 50-day moving average price of $1,758.61 and a two-hundred day moving average price of $1,529.62. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,999.96.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The company had revenue of $10.64 billion for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. As a group, research analysts expect that ASML Holding N.V. will post 43.6 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th will be given a dividend of $2.1507 per share. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Tuesday, July 28th. ASML’s payout ratio is currently 22.74%.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.