Eagle Capital Management 13F: Cuts ASML Stake by $793M

Eagle Capital Management cut its stake in ASML Holding N.V. (NasdaqGS: ASML) by 48%, according to its latest filing with the SEC on May 15, 2026. The fund sold 401,637 shares, reducing its holdings to 433,446 shares, which are now valued at approximately $807.3 million.

What Changed in Eagle Capital Management's ASML Holding N.V. Position

Eagle Capital Management significantly reduced its position in ASML Holding N.V., selling 401,637 shares. Before this move, the fund held 835,083 shares. The reduction leaves Eagle Capital with 433,446 shares, marking a 48% decrease in its holdings as of the reporting period.

Other Institutional Activity in ASML Holding N.V.

Several other major institutional investors have also adjusted their positions in ASML. Fisher Asset Management increased its holdings by 115,563 shares, ending with 4,600,512 shares worth about $6.08 billion. In contrast, Capital World Investors reduced its stake by 148,406 shares, bringing its total to 3,733,385 shares valued at $4.93 billion. FMR LLC significantly boosted its position by 1,597,776 shares, resulting in 3,148,406 shares valued at $4.16 billion. Meanwhile, JPMorgan Chase & Co added 488,629 shares, totaling 2,131,979 shares worth approximately $2.67 billion.

ASML Holding N.V. Stock Up 19.6%

Shares of ASML Holding N.V. are trading near $1,862.54. The company boasts a market cap of $718.2 billion and a P/E ratio of 62.5, with a forward P/E of 38.9. ASML's stock has a 52-week low of $683.48 and a high of $1,903.50. Its 50-day moving average is $1,527.01, and the 200-day moving average is $1,239.66. The company maintains a current ratio of 1.36 and a debt-to-equity ratio of 12.99.

Recent Earnings

ASML reported revenue of $33.69 billion, showing a growth of 13.2%. The company achieved a net margin of 29.7% and a return on equity of 52.2%. Earnings per share (EPS) were $29.82. ASML is expected to release its next earnings report on July 15, 2026.

Dividend

ASML pays an annual dividend rate of $8.79, yielding 0.46%. The dividend payout ratio stands at 25.82%.

Analysts Set New Price Targets

Analysts continue to maintain a positive outlook on ASML. On June 3, 2026, JP Morgan maintained a 'buy' rating with a price target of $2,200. RBC Capital and Bernstein also upheld 'buy' ratings earlier in the year, with targets of $1,700 and $1,971, respectively. Overall, the consensus among 15 analysts is a 'strong buy', with a mean price target of $1,701.91.

About ASML Holding N.V.

ASML Holding N.V., headquartered in Veldhoven, Netherlands, is a leading provider of lithography solutions for the semiconductor industry. The company designs and manufactures equipment that helps produce integrated circuits. ASML offers cutting-edge extreme ultraviolet lithography systems and a range of metrology and inspection systems. Led by CEO Christophe D. Fouquet, ASML employs over 43,000 people worldwide.

Bottom Line

Eagle Capital Management's decision to cut its stake in ASML by nearly half is a notable development, reflecting a shift in its investment strategy. ASML remains a significant player in the semiconductor equipment market, with a robust financial position and strong analyst support. Investors continue to monitor these institutional movements, although the 13F filing is a backward-looking document and may not reflect the current positions.