Pinpoint Asset Management Singapore Pte. Ltd. Buys New Stake in ASML Holding N.V. $ASML

Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in ASML Holding N.V. (NASDAQ:ASML) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 826 shares of the semiconductor company’s stock, valued at approximately $884,000.

Other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its position in ASML by 4.1% in the third quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after buying an additional 38,660 shares during the last quarter. Gradient Investments LLC lifted its position in ASML by 424.3% in the fourth quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock worth $15,393,000 after buying an additional 11,644 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC lifted its position in ASML by 314.0% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock worth $23,841,000 after buying an additional 18,677 shares during the last quarter. Bingham Private Wealth LLC bought a new stake in ASML in the fourth quarter worth $1,444,000. Finally, RWA Wealth Partners LLC lifted its position in ASML by 17.3% in the third quarter. RWA Wealth Partners LLC now owns 37,575 shares of the semiconductor company’s stock worth $36,376,000 after buying an additional 5,543 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Down 1.9%

NASDAQ:ASML opened at $1,863.55 on Friday. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,903.50. The company has a market cap of $732.90 billion, a price-to-earnings ratio of 66.84, a price-to-earnings-growth ratio of 1.52 and a beta of 1.82. The stock has a fifty day simple moving average of $1,539.82 and a 200-day simple moving average of $1,369.29. 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 (NASDAQ:ASML) last released its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The business had revenue of $10.15 billion during the quarter. Analysts anticipate that ASML Holding N.V. will post 36.93 EPS for the current 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

Analyst Ratings Changes

A number of brokerages recently issued reports on ASML. Morningstar downgraded ASML to a “sell” rating in a research report on Wednesday, May 27th. Sanford C. Bernstein restated a “buy” rating on shares of ASML in a research report on Monday, May 25th. UBS Group reiterated a “buy” rating on shares of ASML in a research report on Wednesday, May 20th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Finally, Zacks Research upgraded ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 4th. Four research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,589.63.

About ASML

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.