Gavilan Investment Partners LLC Reduces Holdings in ASML Holding N.V. $ASML

Gavilan Investment Partners LLC reduced its stake in ASML Holding N.V. (NASDAQ:ASML) by 18.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,000 shares of the semiconductor company’s stock after selling 7,000 shares during the quarter. ASML comprises approximately 8.0% of Gavilan Investment Partners LLC’s holdings, making the stock its 6th largest position. Gavilan Investment Partners LLC’s holdings in ASML were worth $33,166,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in ASML. 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 worth $27,000 after purchasing an additional 15 shares in the last quarter. North Star Investment Management Corp. boosted its position in shares of ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares in the last quarter. Jessup Wealth Management Inc bought a new stake in shares of ASML in the 4th quarter worth approximately $30,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of ASML in the 4th quarter worth approximately $32,000. Finally, Evolution Wealth Management Inc. bought a new stake in shares of ASML in the 4th quarter worth approximately $33,000. 26.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on ASML shares. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a research report on Wednesday, June 3rd. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Weiss Ratings cut ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a research report on Friday, May 8th. Finally, Susquehanna reaffirmed a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Four analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,589.63.

ASML Stock Performance

ASML stock opened at $1,863.55 on Friday. The stock has a market capitalization of $732.90 billion, a PE ratio of 66.84, a price-to-earnings-growth ratio of 1.52 and a beta of 1.82. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,903.50. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The stock’s 50 day simple moving average is $1,539.82 and its 200 day simple moving average is $1,369.29.

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

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
• Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
• Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML’s EUV Process
• Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions

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.