ASML Holding N.V. $ASML Shares Purchased by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc increased its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 50.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,192 shares of the semiconductor company’s stock after acquiring an additional 1,071 shares during the period. Marks Group Wealth Management Inc’s holdings in ASML were worth $3,415,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. North Star Investment Management Corp. grew its holdings in ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 11 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in ASML during the fourth quarter worth about $32,000. Evolution Wealth Management Inc. acquired a new position in shares of ASML in the 4th quarter valued at $33,000. Binnacle Investments Inc boosted its position in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares during the period. Finally, JPL Wealth Management LLC acquired a new position in shares of ASML in the 3rd quarter valued at $34,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of recent analyst reports. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research report on Wednesday, June 3rd. JPMorgan Chase & Co. increased their price target on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. DZ Bank reiterated a “neutral” rating on shares of ASML in a research report on Wednesday, April 15th. Finally, Freedom Capital raised ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Four analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,589.63.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Elon Musk called ASML “the greatest company in Europe,” highlighting that his planned Terafab project would need large numbers of ASML’s advanced lithography tools. Why Elon Musk says ASML is the greatest company in Europe
• Positive Sentiment: ASML was highlighted as a top AI stock in billionaire Ken Fisher’s portfolio, which may support investor confidence in long-term demand for its EUV machines. ASML Holding N.V. (ASML) Is A Top AI Stock In Billionaire Ken Fisher’s Portfolio
• Positive Sentiment: ASML was included among stocks positioned to benefit from surging semiconductor sales and AI-driven chip demand, keeping the company in favor with growth investors. 5 Stocks to Boost Your Portfolio on Soaring Semiconductor Sales
• Neutral Sentiment: Several articles reiterated that ASML remains one of the most important names in semiconductors and a stock some investors consider attractive for the long term, but these pieces were largely opinion-based rather than new company-specific catalysts. Is ASML Stock an Undervalued Semiconductor Stock to Buy?
• Negative Sentiment: A report about a Chinese startup claiming its nanoimprint technology can mass-produce optical chips without ASML equipment raises a potential long-term competitive threat to ASML’s market position. Chinese start-up claims nanoimprint tech can mass-produce optical chips without ASML gear

ASML Stock Up 6.5%

Shares of ASML stock opened at $1,749.04 on Tuesday. The stock has a 50-day moving average price of $1,499.06 and a 200 day moving average price of $1,348.74. The company has a market cap of $687.86 billion, a P/E ratio of 62.73, a P/E/G ratio of 1.31 and a beta of 1.82. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,779.29.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The firm had revenue of $10.15 billion during the quarter. As a group, analysts expect that ASML Holding N.V. will post 36.93 EPS for the current fiscal year.

ASML 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.