Nvest Financial LLC Has $1.66 Million Stock Position in ASML Holding N.V. $ASML

Nvest Financial LLC boosted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 24.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,556 shares of the semiconductor company’s stock after buying an additional 305 shares during the period. Nvest Financial LLC’s holdings in ASML were worth $1,664,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Capital International Investors increased its position in ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after acquiring an additional 577,448 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in ASML in the 3rd quarter valued at $505,510,000. Regents of The University of California bought a new stake in ASML in the 3rd quarter valued at $413,335,000. Alliancebernstein L.P. grew its position in ASML by 75.6% in the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock worth $765,632,000 after purchasing an additional 340,518 shares during the last quarter. Finally, Van ECK Associates Corp increased its holdings in shares of ASML by 16.6% during the 3rd quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after purchasing an additional 305,435 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

Shares of ASML stock opened at $1,726.36 on Thursday. The firm has a market cap of $678.94 billion, a P/E ratio of 61.92, a price-to-earnings-growth ratio of 1.40 and a beta of 1.82. The firm’s 50-day simple moving average is $1,478.55 and its 200-day simple moving average is $1,333.83. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,743.27. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The firm had revenue of $10.15 billion during the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. As a group, research analysts expect that ASML Holding N.V. will post 37.1 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Barclays upgraded ASML to a “buy” rating in a research note on Tuesday, May 19th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a report on Wednesday, May 13th. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research report on Wednesday. Finally, Berenberg Bank reissued a “buy” rating on shares of ASML in a report on Friday, May 8th. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,589.63.

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.