Maverick Capital Ltd. Sells 2,626 Shares of ASML Holding N.V. $ASML

Maverick Capital Ltd. lessened its holdings in ASML Holding N.V. (NASDAQ:ASML) by 1.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 258,377 shares of the semiconductor company’s stock after selling 2,626 shares during the quarter. ASML comprises about 3.9% of Maverick Capital Ltd.’s investment portfolio, making the stock its 4th largest position. Maverick Capital Ltd.’s holdings in ASML were worth $341,272,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Family Capital Management Inc. grew its stake in ASML by 0.8% during the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock valued at $983,000 after acquiring an additional 7 shares in the last quarter. 44 Wealth Management LLC lifted its position in shares of ASML by 1.1% in the fourth quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock worth $703,000 after purchasing an additional 7 shares in the last quarter. Evolution Wealth Management Inc. boosted its holdings in shares of ASML by 22.6% during the first quarter. Evolution Wealth Management Inc. now owns 38 shares of the semiconductor company’s stock worth $50,000 after purchasing an additional 7 shares during the period. Bradley Foster & Sargent Inc. CT grew its position in ASML by 0.3% during the first quarter. Bradley Foster & Sargent Inc. CT now owns 2,232 shares of the semiconductor company’s stock valued at $2,948,000 after purchasing an additional 7 shares in the last quarter. Finally, White Lighthouse Investment Management Inc. grew its position in ASML by 2.2% during the fourth quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock valued at $390,000 after purchasing an additional 8 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

ASML stock opened at $1,655.26 on Tuesday. The firm has a 50 day moving average of $1,758.61 and a two-hundred day moving average of $1,529.62. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96. The company has a market capitalization of $650.99 billion, a price-to-earnings ratio of 51.50, a P/E/G ratio of 0.90 and a beta of 1.78. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The business had revenue of $10.64 billion for the quarter. As a group, equities analysts anticipate that ASML Holding N.V. will post 43.6 EPS 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 paid a $2.1507 dividend. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, July 28th. ASML’s dividend payout ratio (DPR) is presently 22.74%.

Key Stories Impacting ASML

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

Analyst Ratings Changes

ASML has been the subject of a number of research reports. UBS Group reissued a “buy” rating on shares of ASML in a research note on Wednesday, July 1st. Royal Bank Of Canada upped their price target on shares of ASML from $1,700.00 to $2,000.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 14th. Argus set a $2,100.00 price objective on ASML in a report on Thursday, July 16th. Morningstar cut ASML to a “sell” rating in a research report on Wednesday, May 27th. Finally, Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, July 17th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,970.33.

ASML Company Profile

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.